Mobile phone subscriptions in Egypt hit 120mln in 2024
The year also saw the launch of several new services, including embedded SIM cards (eSIM) and Wi-Fi Calling, designed to ensure continuous connectivity, even in remote areas, without imposing additional costs on users.
Egypt granted the first 5G network license at the start of 2024.
By year-end, all mobile network operators secured licenses as part of a broader strategy to accelerate digital infrastructure and improve national competitiveness.
In collaboration with mobile operators, the government has laid out a phased plan for 5G deployment, with initial coverage focusing on major cities, key transportation corridors, and strategic economic zones.
Such cooperation guarantees benefiting from the capabilities of these technologies in achieving development and national competitiveness.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
4 hours ago
- Zawya
Jawad Developments unveils Hayah Walk Mall in 6th of October City
Hayah Walk: A new mixed-use mall developed by Jawad Developments in the heart of West Cairo Jawad Developments is preparing to launch the second phase of its Hayah Residence project, following the remarkable success of selling out phase one, which included the introduction of Hayah Walk mall—one of the company's most prominent mixed-use developments, strategically located in 6th of October city. The Hayah Walk project lies in the heart of West Cairo, near key roads and highways such as the Central Axis and the Ring Road, and in close proximity to major commercial and educational landmarks like MSA University, Mall of Egypt, and Mall of Arabia. Dr. Adel Abdel Jawad, Chairman of Jawad Developments, stated that Hayah Residence is one of the company's flagship projects in 6th of October City. It reflects the company's commitment to developing integrated residential communities built to global standards, combining luxury with practicality. He said that the compound features a collection of high-end residential units in addition to premium serviced apartments. Dr. Abdel Jawad added that the project is designed to be a fully integrated community that meets all residents' needs, featuring residential areas, a commercial mall hosting top international brands, modern administrative units, and a comprehensive medical complex equipped with the latest clinics and healthcare facilities to provide advanced medical services for both residents and visitors. He noted that Hayah Residence stands as a benchmark for real estate developments that strive to create a fully integrated living environment—seamlessly blending luxury with essential services—aligning with the company's vision to provide genuine added value to Egypt's property market. The company's chairman pointed out that the Hayah Residence project involves a total investment of around EGP 5bn. Spanning over 42,000 sqm, the compound is one of the company's flagship integrated residential developments, crafted to deliver a comprehensive living and investment experience that seamlessly combines luxury with functionality. For his part, Mahmoud Dawoud, Head of Sales at Jawad Developments, stated that Hayah Walk mall offers fully finished commercial units, clinics, and administrative spaces, with prices for administrative units starting at EGP 96,000 per square meter. Flexible payment plans are available for up to 9 years—offered for the first time—to meet the needs of a wide range of investors and entrepreneurs. He explained that the project will be launched in two phases, with the first phase featuring a limited number of units, offering clients an exceptional investment opportunity in a promising location. Dawoud noted that Hayah Walk mall includes a diverse mix of commercial, administrative, and medical units, strategically distributed over three floors: commercial units on the ground floor, medical clinics on the first floor, and administrative offices on the second floor—totaling approximately 150 units. He disclosed that all administrative and medical units will be delivered fully finished and equipped with air conditioning systems, in accordance with the highest global standards in design and execution—ensuring a comprehensive experience that combines quality and excellence within a professional, modern environment. Jawad Developments is also currently working on its flagship project, Val Plaza, a landmark mixed-use development featuring 250 diverse units, including commercial, administrative, and medical spaces. Core construction has been completed, with unit handovers scheduled to begin in 2026, in line with the company's planned timeline. Val Plaza's total investment stands at approximately EGP 1.3bn, with total sales reaching EGP 2bn—reflecting strong client confidence in the company's projects and the market's demand for high-quality developments. The company affirmed that the launch of Hayah Walk marks the beginning of a new phase of expansion and growth, as part of its ambitious strategy to strengthen its presence in Egypt's real estate market and deliver integrated real estate solutions that meet client expectations and align with the state's vision for modern infrastructure and urban communities.
Zawya
5 hours ago
- Zawya
E& deploys GCC's first Dual-Band 64T64R MetaAAU, advancing 5G network sustainably
Abu Dhabi – e& UAE has deployed the GCC's first Dual-Band 64T64R MetaAAU, an advanced radio unit from Huawei, on its live 5G network. This new technology not only improves how 5G networks perform but also uses less energy and reduces the amount of equipment needed, delivering a better, more sustainable experience for customers across the UAE. Abdulrahman Al Humaidan, Senior Vice President/Access Network Development, e& UAE, said: 'This deployment is a breakthrough in compact, high-performance network technology and an important marker on our road to net zero by 2030 and 5G-Advanced. By merging two key 5G frequency bands into a single, intelligent unit, we've halved the amount of equipment needed at our mobile sites while significantly improving coverage, speed, and energy efficiency. It's a smarter, greener way to deliver better connectivity to our customers.' The Dual-Band 64T64R MetaAAU combines multiple frequencies (2.6 + 3.5GHz) in a single unit, cutting hardware needs and lowering power consumption by 35 per cent. Smart energy saving features, like symbol-level sleep, further lower energy consumption by an additional 15 per cent during low traffic periods. Using advanced antenna technology with double the capacity of traditional units, 384 antenna units compared to 192 units, the coverage capability is improved significantly, strengthening indoor signals, and enhancing connectivity in busy areas by 30 to 60 per cent. Unlike traditional setups that require separate installations for each band, this integrated solution reduces equipment footprint by 60 per cent and halves the deployment time, making network rollouts quicker and more efficient. As 5G progresses, technologies like Dual-Band 64T64R MetaAAU are instrumental in creating a more connected and energy-efficient future for the UAE and pave the way for 5G-Advanced connectivity. This deployment reinforces e& UAE's commitment to building smarter, more sustainable 5G networks that cater to both customer needs and the nation's digital future. About e& e& is a global technology group committed to advancing the digital future across markets in the Middle East, Asia, Africa and Europe. With the group's financial performance in 2024 showing a consolidated revenue of AED 59.2 billion and a net profit of AED 10.8 billion, e& continues to maintain its position as a financial powerhouse, reflected by its strong credit rating and solid balance sheet. Founded in Abu Dhabi over 48 years ago, e& has evolved from a telecom pioneer into a technology group. Its footprint now spans 38 countries, offering a comprehensive portfolio of innovative digital services ranging from advanced connectivity, entertainment, streaming and financial services to AI-powered solutions, cloud computing, ICT, cybersecurity and IoT platforms. The Group is structured around five core business pillars: e& UAE, e& international, e& life, e& enterprise and e& capital, each catering to distinct customer and market needs. These pillars empower e& to lead in various sectors, from telecom and digital lifestyle to enterprise services and venture investments. The ongoing strategic investments in AI, IoT, 5G and cloud services reinforce its leadership in the global technology landscape, driving the future of smart connectivity and innovation. Driven by innovation, sustainability and a commitment to digital empowerment, e& is set on creating a smarter, more connected future for individuals, businesses and communities. To learn more about e&, visit
Zawya
9 hours ago
- Zawya
Egypt: President El-Sisi Meets Turkish Minister of Foreign Affairs
Today, President Abdel Fattah El-Sisi met with Minister of Foreign Affairs of the Republic of Türkiye, Hakan Fidan. The meeting was attended by Minister of Foreign Affairs, Emigration and Egyptian Expatriates, Dr. Badr Abdel-Atty. Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, stated that the Turkish Minister conveyed the greetings of President Recep Tayyip Erdoğan to the President. President El-Sisi appreciated this gesture, and emphasized the importance of continuing to work on strengthening bilateral relations between the two countries. In this regard, President El-Sisi highlighted the qualitative development in the Egyptian-Turkish relations, particularly after the signing of the Joint Declaration in February 2024 to reactivate the meetings of the High-Level Strategic Cooperation Council and elevate them to the level of the two countries' presidents. The two sides confirmed the necessity to boost economic cooperation between Egypt and Türkiye. The aim is to reach a trade volume of $15 billion, as agreed upon during President El-Sisi's visit to Ankara in September 2024. They also stressed the significance of expanding the participation of Turkish companies in investment projects within Egypt. The meeting also tackled the developments in a number of regional issues, primarily the situation in the Gaza Strip. Both sides affirmed their rejection of a military re-occupation of the Strip. They reiterated the urgent need for an immediate ceasefire, the entry of humanitarian aid, and the release of hostages and captives. The two sides reaffirmed their rejection of the displacement of Palestinians. The two sides also reviewed developments in Libya, Syria, and Sudan. President El-Sisi outlined Egypt's vision for achieving peace and stability in these brotherly countries, and its efforts in this regard. The importance of respecting the sovereignty of these countries, and preserving their territorial integrity and the resources of their people were underscored. Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.
