Orange Egypt CEO Yasser Shaker showcases national AI vision at Egypt-France Business Forum during President Macron's state visit to Cairo
Cairo, Egypt — As part of the official visit of French President Emmanuel Macron to Egypt, Orange Egypt Chief Executive Officer Eng. Yasser Shaker outlined the company's strategic commitment to advancing artificial intelligence (AI) innovation and digital transformation across Egypt, during a high-level panel at the Egypt-France Business Forum.
The forum, held in the presence of Egyptian President H.E. Abdel Fattah El-Sisi and President Macron, convened senior government officials and prominent business leaders from both nations to explore expanded cooperation in key sectors, including technology and innovation.
Eng. Shaker participated in the panel discussion titled 'France-Egypt Tech Synergy: Driving Innovation and AI for the Future,' moderated by Dr. Hoda Baraka, Advisor to Egypt's Minister of Communications and Information Technology for Technological Talent Development.
In his remarks, Eng. Shaker emphasized that President Macron's visit marks a strategic milestone in the enduring Egypt-France partnership, opening new avenues for investment and collaboration in digital infrastructure, AI, and innovation ecosystems.
'This moment represents more than a diplomatic exchange—it signals a shared commitment to empowering the next generation of talent and localizing transformative technologies for national development,' Shaker stated.
He highlighted Orange Egypt's growing role as a catalyst for AI-powered innovation through its flagship initiative, the Orange Digital Center for Development and Innovation (ODC), and the expanding network of Orange Digital Centers across Egypt. These platforms have become vital engines for entrepreneurial support, skills development, and inclusive technological advancement.
Eng. Shaker also spoke to the critical role of AI in shaping Egypt's economic future, underscoring the importance of strategic international partnerships to attract sustainable investment, enhance local capabilities, and enable scalable, locally relevant AI solutions.
Orange Egypt's efforts, he noted, align with national priorities around youth employment, digital inclusion, and sustainable economic growth. The company continues to invest in talent, technology, and infrastructure to ensure that Egypt remains at the forefront of the region's digital transformation journey.
As a subsidiary of one of Europe's leading telecommunications operators, Orange Egypt plays a pivotal role in reinforcing the strategic tech alliance between Egypt and France, contributing to a shared vision of innovation-driven, inclusive development.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
25 minutes ago
- Arabian Post
Junta Claims Full Control Over Somair Uranium Operations
Niger's military-led government announced on 19 June 2025 that it is nationalising the Somair uranium joint venture, formerly dominated by French nuclear fuel company Orano. The announcement, aired on national television, declared that the State will now hold full ownership and management of the mine, citing inappropriate and inequitable conduct by Orano. Authorities assert that the 63 per cent stake held by Orano—alongside the remaining 37 per cent via state firm Sopamin—has been improperly leveraged. The accord underpinning Somair's operations expired in December 2023, and the government accuses the French entity of exceeding its share entitlement and engaging in misconduct, though specific details remain undisclosed. Operational control of the mine was already transferred to Nigerien authorities following the 2023 coup, and Orano was stripped of its permit for the Imouraren site, which contains an estimated 200,000 tonnes of uranium reserves. The company responded by launching arbitration and legal proceedings and by filing a domestic lawsuit after its director disappeared and its offices were raided in May. ADVERTISEMENT Orano, 90 per cent owned by the French government and operating in Niger for more than five decades, has been exploring options to divest its stakes—potentially to Russian or Chinese entities—as Franco–Nigerien relations deteriorate. The firm reported substantial financial losses and warned that governmental interference has undermined the mine's viability. Niger produces about 5 per cent of the world's uranium, supplying approximately 20–26 per cent of France's demand—critical for a nation generating around 70 per cent of its electricity from nuclear power. With Somair's output at risk and Imouraren's permit revoked, Nigerien uranium exports may fall sharply in 2025, potentially triggering supply shortages across Europe. The move reflects Niger's broader shift towards resource sovereignty, embedding itself among Sahel countries like Mali and Burkina Faso that are revising mining contracts and exerting stronger state control over critical commodities. These regimes are renegotiating higher revenue shares and demanding local stakeholder benefits. However, their tactics—raids, executive detentions, unilateral expropriations—have prompted concern and legal challenges from affected companies. Analysts warn that Niger's action may energise global uranium market volatility, as utilities, notably in Europe, scramble to secure alternative sources. Kazakhstan and Canada stand out as potential beneficiaries, though ramping up supply will take time and investment. Orano has indicated plans to diversify, including pursuing projects in Mongolia and Namibia to offset Niger's production decline. Nonetheless, its dispute with Niger will proceed through international arbitration via ICSID, and possibly domestic courts, with the outcome likely to span months or years.
Arabian Post
7 hours ago
- Arabian Post
the-arabian-post
Niger's military-led government announced on 19 June 2025 that it is nationalising the Somair uranium joint venture, formerly dominated by French nuclear fuel company Orano. The announcement, aired on national television, declared that the State will now hold full ownership and management of the mine, citing inappropriate and inequitable conduct by Orano. Authorities assert that the 63 per cent stake held by Orano—alongside the remaining 37 per cent via state firm Sopamin—has been improperly leveraged. The accord underpinning Somair's operations expired in December 2023, and the government accuses the French entity of exceeding its share entitlement and engaging in misconduct, though specific details remain undisclosed. Operational control of the mine was already transferred to Nigerien authorities following the 2023 coup, and Orano was stripped of its permit for the Imouraren site, which contains an estimated 200,000 tonnes of uranium reserves. The company responded by launching arbitration and legal proceedings and by filing a domestic lawsuit after its director disappeared and its offices were raided in May. Orano, 90 per cent owned by the French government and operating in Niger for more than five decades, has been exploring options to divest its stakes—potentially to Russian or Chinese entities—as Franco–Nigerien relations deteriorate. The firm reported substantial financial losses and warned that governmental interference has undermined the mine's viability. Niger produces about 5 per cent of the world's uranium, supplying approximately 20–26 per cent of France's demand—critical for a nation generating around 70 per cent of its electricity from nuclear power. With Somair's output at risk and Imouraren's permit revoked, Nigerien uranium exports may fall sharply in 2025, potentially triggering supply shortages across Europe. The move reflects Niger's broader shift towards resource sovereignty, embedding itself among Sahel countries like Mali and Burkina Faso that are revising mining contracts and exerting stronger state control over critical commodities. These regimes are renegotiating higher revenue shares and demanding local stakeholder benefits. However, their tactics—raids, executive detentions, unilateral expropriations—have prompted concern and legal challenges from affected companies. Analysts warn that Niger's action may energise global uranium market volatility, as utilities, notably in Europe, scramble to secure alternative sources. Kazakhstan and Canada stand out as potential beneficiaries, though ramping up supply will take time and investment. Orano has indicated plans to diversify, including pursuing projects in Mongolia and Namibia to offset Niger's production decline. Nonetheless, its dispute with Niger will proceed through international arbitration via ICSID, and possibly domestic courts, with the outcome likely to span months or years.
Al Etihad
7 hours ago
- Al Etihad
UAE premier strategic partner: French Trade Minister
20 June 2025 17:43 PARIS (WAM)Laurent Saint-Martin, France's Delegate Minister for Foreign Trade and French Nationals Abroad, said that the UAE holds a top-tier position in France's economic and trade policy in the Gulf region. He emphasised the depth and distinction of bilateral relations, particularly on the economic and diplomatic statements to the Emirates News Agency (WAM), on the sidelines of the 'Vision Golfe 2025', organised by the French government at the headquarters of the Ministries of Economy and Finance in Paris, Minister Laurent Saint-Martin praised the exceptional momentum in the UAE-France partnership and called for elevating cooperation to new levels, especially in industry, renewable energy, digital economy, and innovation.'The UAE is undoubtedly a priority for France among Gulf nations,' said the minister. 'It is not only a key regional and economic force, but also a modern, dynamic development model that aligns with our vision for future international relations, rooted in innovation, sustainability, and openness.'He added that France seeks to strengthen partnerships with countries that share its strategic outlook and values, stating that the UAE stands out as an ideal partner in this economic ties, Minister Saint-Martin noted that France has maintained one of the oldest and most solid records of trade and investment relations with the UAE in the Gulf region. These ties, he said, are built not on chance or temporary alliances, but on mutual trust, understanding, and long-term respect.'We have worked with the UAE for decades, and we take pride in what our companies have achieved in the Emirati market,' he said. 'Today, we have a real opportunity to expand this cooperation in line with global economic shifts, through innovation-driven, high-quality partnerships.'He urged the business communities in both countries to seize the current momentum and strengthen ties between Emirati and French companies, particularly in advanced technologies, artificial intelligence, and green transformation.'We must move beyond traditional cooperation toward productive, integrated partnerships. Our companies need to collaborate more effectively and cohesively.'On the diplomatic front, Minister Saint-Martin described UAE-France relations as solid and time-tested, backed by continuous dialogue and strategic coordination on multiple fronts, both bilaterally and in international stressed that France views the UAE as a long-term strategic partner, expressing confidence that cooperation is poised to grow further amid evolving global challenges. 'We live in a fast-changing world,' he concluded, 'and global challenges, whether environmental, digital, or economic, require trusted, forward-looking partners. The UAE is undoubtedly one of the most prominent among them.'
