Latest in Tag: digital transformation Highlight
Latest in Tag: digital transformation
The meeting shed light on some of the developments taking place in the telecommunications and information technology sectors in Egypt and Tunisia, as well as the most prominent projects that are being implemented in the two countries to achieve digital transformation, build digital capabilities, and develop international infrastructure, in addition to reviewing the most important areas of proposed cooperation between the two countries in the field of Communication and information technology.
He explained that women are more stable in the job, and that there are certain jobs that are not suitable for men in the field of technology, such as conducting tests, as women have more patience than men. “We are one of the first companies to apply the system of only four working days and three days off, because our goal has become to pay attention to employees’ productivity and the tasks they perform, regardless of the working hours, which greatly supports women’s work as well,” he added.
In a press statement issued by the organisation, Sherif stressed that the tourism and antiquities sector is a promising sector in light of the Egyptian state’s interest in implementing the digital transformation system in projects related to this sector.
Huawei is one of the leading companies in the field of IT
Total payments made through InstaPay app reach nearly EGP 2.6bn
“With Egypt’s focus on building a new high-tech capital city in the desert to the east of Cairo, we will start seeing infrastructure and security control centres, cashless payments, and sustainable power supplies. In short, with Egypt’s current projects and steps towards these improvements, the direction towards the 2030 Vision is well set and adequately pursued. CommScope can help Egypt on its journey to establishing a smart centralised hub through the appropriate connections and 5G solutions for enterprises in its smart cities,” he added.
Egypt’s deficit to GDP decreases to 4.9% during 2022
The company’s net profit amounted to $17.8bn, and the net profit margin reached 17.9% — an increase of 75.9% annually.
In 2021, the number of digital banking transactions performed through Mobile Banking increased by more than double, reaching 107%. The value of transactions increased by 159%, reaching EGP 136 billion y-o-y. By FY21, value of transactions performed through digital channels increased by 60%, reaching EGP 861 billion. The number of individual customers subscribed to Internet Banking also increased by 30% y-o-y. Furthermore, CIB Smart Wallet subscribers increased by 19%, doubling the value of executed transactions, which increased by 160%, equivalent to EGP 7.3 billion. The number of ATMs also increased by 15% y-o-y.
Talaat added that the current era is witnessing a growing importance of data as a wealth that drives progress and serves citizens, and as the challenge of ensuring the accuracy of data emerges, the need for artificial intelligence systems has increased.
Over 4 million Meeza cards were issued for state employees in 2021
Marina Weiss, Regional Director of the World Bank for Egypt, Yemen and Djibouti; Nader Mohamed, Regional Director for Equitable Growth, Finance, and Institutions in the Middle East and North Africa region (MENA); and several officials from the two ministries and the World Bank, also participated in the event.
Bank to launch instant money transfer service, digitise other banking services this year: Hassan Ghanem
The ministry is also working with Banque Misr to establish a mechanism that would allow Egyptian citizens abroad to open personal accounts and invest their money and savings in the various investments offered by the bank.
The project aims to organise the resources and processes resulting from daily business and linking departments to each other through a single system to raise the efficiency and performance of work within the system, as well as link all the company’s transactions, in line with the state’s plans to foster digital transformation.
In 2021, Liferay has over 50 clients throughout Middle East, majority of them are government entities
The event brought together dozens of government officials, customers, business partners and members of the press to discuss the advantages of new and emerging technologies in speeding digitalization and innovation as well as spurring the country’s competitive growth.
Meeting aims to present recommendations for accelerating digital transformation process
The Financial Regulatory Authority (FRA) held a workshop to prepare for the issuance of a new law regulating and developing the use of financial technology in non-banking financial activities, as well as the unified insurance law. During the workshop entitled “Legislation for Creative Ideas in the Insurance Field”, Hisham Ramadan, Deputy Chairperson of FRA, said …
Huawei creates ‘The Golden Triangle’ through cooperating with public, private sectors in supporting youth to achieve sustainable development
Forum calls for forming executive committee to follow up on implementation of digital transformation plan
Al-Shorouk newspaper holds conference under title ‘Digital transformation between government achievements and citizen’s requirements’
Protocol aims to coordinate, mobilise efforts to provide technological support to EDA
Project to provide Internet services in 40 archaeological sites, museums
Toyota Egypt Group, the sole distributor for Toyota Motor Corporation products and one of Egypt’s largest automotive distributors, has recently announced a digital transformation partnership with global technology company SAP; to drive new levels of customer experiences. “As Egypt’s automotive market kicks into high-gear after the pandemic, customers expect automotive dealers to fully integrate sales, …
Prime Minister inspects Schneider Electric factory in Badr City, where 60% of production input is sourced from local market: Walid Sheta
The meeting comes as part of the cooperation protocol signed between the two ministries last November.
Projects aim to develop agricultural sector using latest communication, information technology capabilities
The new system will see the implementation of projects such as automated tests, e-learning systems, university hospital automation, and an international student portal.
Initiative aims to help local software development companies keep track of latest global digital transformation trends