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Wednesday, 12 October 2022

e&’s tech business is coming to Egypt this year

The tech arm of e& wants in on our market: e&’s tech solutions arm e& Enterprise will enter the Egyptian market before the end of the year, CEO Salvador Anglada said at Gitex Global in Dubai, according to Gulf News. The company offers cloud, cybersecurity, IoT, and AI services and currently operates in the UAE and Saudi.

Remember- The UAE’s largest telecoms operator earlier this year rebranded itself as e& and split into telecoms provider Etisalat, consumer services branch e& Life, M&A arm e& Capital, and e& Enterprise.

Other things we’re keeping an eye on this morning:

  • The Senate yesterday gave final approval to the auto industry bill, which will set policies for the automotive sector in general, including EVs, and a fund to provide incentives to the industry.
  • Egypt is arranging direct charter flights between Doha and Hurghada and Sharm El Sheikh during the upcoming World Cup. (Al Monitor)
  • CI Asset Management plans to launch an investment fund in precious metals early next year. (Al Borsa)
  • The government’s Decent Life initiative will work to raise awareness of environmental issues among beneficiaries in partnership with the Environment Ministry. (Statement)
  • EGX-listed fintech operator e-Finance is sponsoring the Egyptian Handball Federation. (Statement)
  • The EBRD has launched four tenders for contractors to work on the Kitchener Drain depollution project, with deadlines from 17-30 November. (Tender 1 | 2 | 3 | 4)

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