
HGC and CAHK Jointly Organize the "ICT Open Day" for 2025 World Telecommunication and Information Society Day Hong Kong
HONG KONG SAR - Media OutReach Newswire - 31 March 2025 - HGC Global Communications ("HGC" or "the Group"), a fully-fledged ICT service provider and network operator with extensive global coverage, has once again co-organized the "ICT Open Day" with Communications Association of Hong Kong (CAHK). Held last Saturday (29 March), the event opened up the 24x7 Cybersecurity Research and Operations Center (CROC) located in Cyberport to 34 secondary school students and teachers, allowing them to witness firsthand the applications and practices of advanced cybersecurity solutions that were showcased. The event also allowed the Group to continue honoring its commitment to nurturing the next generation of ICT talent by offering career talks and one-on-one counseling. Consequently, the students gained greater clarity in education and career opportunities, enabling them to better prepare for setting their personal goals.
HGC has fully championed this year's "ICT Open Day" theme — "Enhance Equality in Our Society with AI in Communications". Its cybersecurity team welcomed the students and teachers from Po Leung Kuk Yao Ling Sun College, S.K.H. Chan Young Secondary School, and Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School, gave them an in-depth tour of CROC. Moreover, the team helped the visitors explore the application of AI in cybersecurity solutions. During the visit, the cybersecurity experts demonstrated the Center's most advanced protection technology — "Fusion Armor" monitoring system, highlighting its powerful features, which include attack simulations, vulnerability scanning, AI-driven threat detection, incident response plan reviews, and dark web monitoring. This experience helped the students understand the importance of AI in creating a cybersecure environment that fosters equality and inclusivity in society. By learning about the various operational and functions of the CROC, the students have not only gained insights into how innovative technologies can promote social equality, but also are more aware of the need to promote social responsibility and equity with the application of innovation and technology.
With the rapid development of innovative technologies, ICT professionals are playing an important role in solidifying Hong Kong's status as a global ICT hub, and therefore HGC has remained committed to nurturing ICT talent. HGC firmly believes in the power of future innovators and thus the Group's human resources representatives shared insights into the ICT industry ecosystem, employment guidelines, and career opportunities, explaining the possibilities within the ICT field from various aspects at the "ICT Open Day". They also offered professional, practical, and specific advice; conducting one-on-one consultations, answering questions about further studies, resume writing, interview tips, and more – helping the students establish a solid foundation for pursuing their career goals.
Daniel Ho, Vice President - Unified Cyber Security and Digital Transformation Solutions at HGC, said, "HGC is delighted to participate once again in 'ICT Open Day' as this meaningful event allows us to engage with future elites. Through this gathering, we are able to showcase the Group's capabilities as a leading telecommunications operator and fully-fledged ICT service provider, while at the same time helping students understand how to leverage emerging innovative technologies to promote positive societal development. For example, our 'Fusion Armor' monitoring system at the CROC has been upgraded to the highest security standards, ensuring 24x7 cybersecurity protection for enterprises. HGC is committed to nurturing local ICT talent and hopes that with our expertise, industry familiarity, and unique insights, we can effectively navigate future developmental trends in this field, making Hong Kong an international ICT hub for emerging talent."
The World Telecommunication and Information Society Day Hong Kong is organized by CAHK. The "ICT Open Day" is one of its key events, and is aimed at raising awareness and interest in ICT among the youth and academic communities.
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The issuer is solely responsible for the content of this announcement.
About HGC Global Communications Limited
HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 20 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group's digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia.
To learn more, please visit HGC's website at: www.hgc.com.hk
HGC Global Communications

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Taba Heights, Egypt: Taba Heights continues to pose a challenge for the group. We continue to minimize the cash burn rate in the short and medium term, ensuring the destination can operate once tourism resumes. We remain committed to implementing a prudent approach in our efforts to mitigate the impact of the current crisis. Total occupancy in Taba Heights reached 20% by the end of the first half of 2025. In contrast, our GOP has reached EGP 3.5 million, compared to a loss of EGP 12.7 million in 1H 2024. Total revenues from Taba Heights reached EGP 100.4 million, a 60.1% increase compared to the 1H 2024 figures, despite being affected by the situation in Gaza. Currently, only one out of the six hotels is operational. Figures for 1H 2025 and Q2 2025: Revenue by Segment (EGPmn) Q2 25 Q2 24 1H 25 1H 24 Hotels 1,517.3 1,152.5 2,694.2 1,851.3 Real estate 2,629.2 2,867.4 5,389.9 5,703.7 Land 0.1 1,329.2 1,553.1 1,329.2 Commercial assets 941.7 687.3 1,892.6 1,327.6 ODE Group 5,088.3 6,036.4 11,529.8 10,211.8 (EGPmn) Q2 25 Q2 24 1H 25 1H 24 Revenue 5,088.3 6,036.4 11,529.8 10,211.8 Cost of sales (3,165.3) (3,273.1) (6,343.2) (6,030.7) Gross profit 1,923.0 2,763.3 5,186.6 4,181.1 Gross profit margin% 37.8% 45.8% 45.0% 40.9% Investment income 294.4 309.5 604.5 569.3 Administrative expenses (176.8) (91.5) (354.3) (193.1) Adj. EBITDA 2,040.6 2,981.3 5,436.8 4,557.3 Adj. EBITDA margin% 40.1% 49.4% 47.2% 44.6% Other gains/losses 159.5 55.4 46.7 (2,308.9) Share of associates 22.0 27.3 51.3 49.1 EBITDA 2,222.1 3,064.0 5,534.8 2,297.5 Depreciation (124.5) (90.9) (245.1) (173.9) Finance costs (503.2) (422.0) (912.4) (856.9) Income tax expense (538.6) (623.8) (1,340.9) (324.0) Net profit/loss 1,055.8 1,927.3 3,036.4 942.7 ODE shareholders 1,112.5 1,849.5 3,157.3 667.9 Non-controlling interest (56.7) 77.8 (120.9) 274.8 Basic EPS (EGP) 0.98 1.64 2.79 0.59 (EGPmn) 30.06.25 31.12.24 Property, plant, and equipment 11,962.6 10,980.7 Inventory 14,531.5 13,932.5 Receivables 14,946.7 12,785.4 Cash and bank balances 7,891.6 7,351.6 Treasury bills 199.1 63.2 Investments in associates 328.2 437.6 Other assets 5,475.7 5,149.4 Total assets 55,335.6 50,700.4 Borrowings 10,255.9 11,032.0 Payables 9,668.6 9,762.7 Provisions 3,365.1 2,517.6 Other liabilities 16,400.3 14,252.7 Total liabilities 39,689.9 37,564.9 Non-controlling interests 1,437.0 1,558.0 Equity to ODE shareholders 14,208.7 11,577.5 Total liabilities and equity 55,335.6 50,700.4 Balance Sheet: Presentation: The associated presentation and financial statements are on Orascom Development Egypt's website under the Investor Relations section at CI Capital will host a telephone conference on August 12th, 2025, at 3:00 pm Cairo Local Time (CLT). 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A forward-looking statement is any statement that does not relate to historical facts and events and can be identified by the use of such words and phrases as 'according to estimates,' 'aims,' 'anticipates,' 'assumes,' 'believes,' 'could,' 'estimates,' 'expects,' 'forecasts,' 'intends,' 'thinks,' 'may,' 'plans,' 'potential,' 'predicts,' 'projects,' 'should,' 'to the knowledge of,' 'will,' 'would' or, in each case their negatives or other similar expressions, which are intended to identify a statement as forward-looking. This applies, in particular, to statements containing information on future financial results, plans, or expectations regarding business and management, future growth or profitability, general economic and regulatory conditions, and other matters affecting the Company. Forward-looking statements reflect the current views of the Company's management ('Management') on future events, which are based on the assumptions of the Management and involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. The occurrence or non-occurrence of an assumption could cause the Company's actual financial condition and results of operations to differ materially from or fail to meet expectations expressed or implied by such forward-looking statements. The Company's business is subject to many risks and uncertainties that could also cause a forward-looking statement, estimate, or prediction to differ materially from those expressed or implied by the forward-looking statements in this prospectus. The information, opinions, and forward-looking statements in this communication speak only as of its date and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise concerning the content of this communication.


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10 hours ago
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