Technology – Daily News Egypt https://wwww.dailynewssegypt.com Egypt’s Only Daily Independent Newspaper In English Wed, 16 Oct 2019 23:01:29 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.1 Mondia enhances its presence with the opening of a new tech hub in Cairo https://wwww.dailynewssegypt.com/2019/10/07/mondia-enhances-its-presence-with-the-opening-of-a-new-tech-hub-in-cairo/ Mon, 07 Oct 2019 12:47:08 +0000 https://eklutdvotyzsri.dailynewssegypt.com/?p=710165 Mondia, a leading private mobile technology company, announced the opening of their new tech hub in Cairo. The newly created facility will host the company’s technical developers and designers, creating state of the art technologies,

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Mondia, a leading private mobile technology company, announced the opening of their new tech hub in Cairo. The newly created facility will host the company’s technical developers and designers, creating state of the art technologies, innovative products and solutions servicing various markets across Europe, Middle East and Africa.

The modern first-of-its-kind facility in New Cairo will set a new standard in the software industry and will be home to more than one hundred technical team members. The office design will allow for a team to function in ‘squads’ a proven working concept, aiding extensive collaboration and promoting communication which in turn drive innovation. The premises will include creative space such as a ‘gamers cave’, focus rooms, playful seating areas and a café type street kitchen.

Attracting the greatest minds in the software world is synonomous with Mondia’s strategy and strong partnerships with tertiary institutions is the key driving force to future talent. The tech hub will provide learning facilities for internships and additional skill development.

“It is key for us at Mondia to deliver to market demands and identify trends to advise customers on solutions that are not only innovative but also provide a world-class digital experience. Our investment in Egypt and our tech hub allows us to develop with speed and quality that can be scaled, which far outweighs the outsourcing model”, said Dr. Amadeo Rahmann, CEO of the Mondia Group. “We want to create a unique space for our team to have the best in industry facility as we expand our ability in delivery across the globe”, he added.

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TikTok marks massive success in Egyptian market  https://wwww.dailynewssegypt.com/2019/09/19/tiktok-marks-massive-success-in-egyptian-market/ Thu, 19 Sep 2019 21:55:33 +0000 https://ww.dailynewssegypt.com/?p=708456 Egypt, Saudi Arabia, and the UAE are the most three important market for TikTok currently, says regional communication director

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Celebrating its huge success in Egypt, Tiktok – a social media video app – launched its first event in Cairo highlighting its achievements in the Egyptian market. The short-video platform has recently become one of the most popular applications in the Middle East and the world, leading the scene of personal vlogging.

TikTok hit the world in August 2018, offering users various options in the field of videography through a number of easy-to-use video-capturing and editing tools. It, further, offers users a wide range of filters and effects which adds on the entertainment element of the videos they bring out.

“As a very new platform, we have grown rapidly especially in Egypt. We have witnessed a tremendous growth at the 6-12 months,” Tiktok’s Regional Communications Director in Africa and the MENA, Gita Ghaemmagham, told Daily News Egypt.

Ghaemmagham highlighted that Egypt is among the three main countries in the Middle East, which witnessed the biggest interaction with the application, and growth market.

“Egypt, Saudi Arabia, and the UAE are the most three important market for us currently,” she pointed out. “Egyptians can easily express themselves through the app. That led us to -within a year- have a huge number of content creators, influencers, as well as normal consumers from different ages.”

TikTok is currently one of the most downloaded mobile applications at the Google play and Apple store. It is available in 150 markets and 75 languages.

Despite not stating the exact number of TikTok users in Egypt, Ghaemmagham assured that it is growing massively leading to the increase of monetisation rate. She also explained that the music is the most used genre by the app users within Egypt.

“We are currently looking for ads, and to collaborate with the brands, in order to be able to connect them to their target audience,” she added. 

Throughout the event, Hany Kamel, TikTok’s Content Operations Director for North Africa, discussed the application’s efforts in promoting social causes, including tourism, in Egypt. 

As part of a global initiative #TikTokTravel, Egypt was one of among over 100 countries to be included in the campaign that saw users share over 400,000 videos of authentic travel moments that received a total of 1.7bn views. Using the hashtag of #No_Place_Like_Egypt, around 2,000 videos were streamed garnering 

16.8m views in eight days.

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Lenovo targets 40% market share in gaming laptops, 35% across all PCs in Egypt: Rony Mezeraani https://wwww.dailynewssegypt.com/2019/09/18/lenovo-targets-40-market-share-in-gaming-laptops-35-across-all-pcs-in-egypt-rony-mezeraani/ Wed, 18 Sep 2019 15:27:10 +0000 https://ww.dailynewssegypt.com/?p=708363 Lenovo unveils Legion Y540, L-340 gaming laptops

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Lenovo is number one when it comes to global PC Market laptop markets, and targets 40% of the niche gaming market in Egypt, Rony Mezeraani, general manager for Levant, Egypt, North Africa (LENA) and West Africa, told Daily News Egypt on Tuesday.

Mezeraani’s statement came during an official launch event for the latest addition of the company’s growing line-up of gaming laptops. Lenovo unveiled the Legion Y540 and the IdeaPad L340 gaming laptops.

The two laptops feature advanced graphic cards: GeForce RTX 2070 in the Legion Y540, and GeForce RTX 1650 for the L340.

According to Ola Eldib, consumer and commercial country manager Egypt and Levant at Lenovo, the Legion Y540 boasts a revolutionary cooling system, called cold front technology, that maintains the laptop’s temperature, with much less noise than other cooling technologies.

“Gaming laptops aren’t exclusive for gamers, they are also for architects and engineers who require high graphic performance to run professional software,” Mezeraani elaborated.

In regard to Lenovo’s market share of laptops and PCs, Mezeraani told DNE that in LENA and West Africa region, the company has around 23.5% market share, and they target to increase it to 35% in the near future.

For Egypt, the company’s market share for laptops and PCs stands at above 20%, and they hope to bring it up to 35%, “Egypt is one of our strategic markets, we see a great potential in the country,” Mezeraani stressed.

When it come to the company’s data centre business, he elaborated that Lenovo is strongly positioned in the Egyptian market, and that they have around 500 clients.

Mezeraani revealed that there will be other products in the pipeline, that will be revealed in January 2020 during the Consumer Technology Association event in Las Vegas.

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LG Electronics inaugurates 1st integrated campus in Egypt on Thursday https://wwww.dailynewssegypt.com/2019/09/12/lg-electronics-inaugurates-1st-integrated-campus-in-egypt-on-thursday/ Thu, 12 Sep 2019 11:08:00 +0000 https://ww.dailynewssegypt.com/?p=707781 Campus to include training academy, AI products’ store, say sources

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LG Electronics, the South Korean giant manufacturer, is inaugurating its first integrated campus in Egypt on Thursday, according to sources at the Korean embassy in Cairo. The sources added that the new campus is set to include a training academy, a store for displaying the latest artificial intelligence (AI) products, in addition to a number of administrative offices.

The store will also showcase LG’s largest revolutionary range of technologies for customers in Egypt and the Middle East, as well as the latest technological innovations which the company has created worldwide, particularly in OLED TVs, TwinWash washing machines, and an AC inverter for air conditioners, the sources declared.

LG’s new store will also feature the first Arabic TV supported by AI technology, the sources added, noting that LG Electronics is the first company in the world to provide Arabic voice services in televisions.

The South Korean ambassador to Egypt, Yeocheol Yoon, will attend the inauguration ceremony at the new campus in presence of LG’s President for the Middle East and Africa Region (MEA) James Lee, and the company’s CEO in Egypt, Don Kwak, the sources noted.

LG Electronics plans to invest an additional $15m in the local market, Kwak told Daily News Egypt in January 2019, noting that the company’s current $240m worth of investments will increase to about $255m to finance expansion plans.

“Egypt has major investment opportunities. Our exports’ value reached $200m in 2018 which represented 75% of the company’s production,” he elaborated, adding that his company seeks to increase its exports value through entering new markets in Africa–a plan that coincides with Egypt’s presidency of the African Union (AU) in 2019.

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ITIDA hosts first-ever shared services, outsourcing forum in Egypt on 3-4 September https://wwww.dailynewssegypt.com/2019/09/02/itida-hosts-first-ever-shared-services-outsourcing-forum-in-egypt-on-3-4-september/ Mon, 02 Sep 2019 16:33:14 +0000 https://ww.dailynewssegypt.com/?p=706840 The event comes in line with Egypt’s vision to strengthen its position as EMEA’s countries’ shared services and outsourcing hub. The forum is officially supported by Egypt’s Minister of Communications & Information Technology, Amr Talaat, who will be delivering the opening speech.

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Egypt’s Information Technology Industry Development Agency (ITIDA), in partnership with the Shared Services and Outsourcing Network (SSON) will be hosting the Shared Services and Outsourcing Forum Middle East 2019 in Egypt for the first time on 3rd – 4th September at the Nile Ritz-Carlton, Cairo.

The event comes in line with Egypt’s vision to strengthen its position as EMEA’s countries’ shared services and outsourcing hub. The forum is officially supported by Egypt’s Minister of Communications & Information Technology, Amr Talaat, who will be delivering the opening speech.

ITIDA CEO, Halal El-Gohary said, “We’re so thrilled to host such an event in Egypt. It will be a great opportunity for experts and industry leaders to meet and discuss the future of shared services and outsourcing business models. In addition, the event is the right venue for us to showcase how Egypt has evolved from a cost-competitive and traditional outsourcing location into a hub for high end and value-driven services.

 “What sets Egypt apart from other nearshore destinations in Europe, as well as on a global comparison is the high potentials to implement service centres on a meaningful scale,” she added. 

 The two-day forum will feature a number of international keynote addresses, industry expert panels, and more than 20 breakout sessions. The forum agenda is designed to ensure the forum works with the governments and private organisation’s key focus sectors and will deliver a packed and stimulating programme for the attendees.

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2nd edition of E-commerce summit to tackle fintech, digital transformation in Egypt https://wwww.dailynewssegypt.com/2019/09/02/2nd-edition-of-e-commerce-summit-to-tackle-fintech-digital-transformation-in-egypt/ Mon, 02 Sep 2019 12:37:53 +0000 https://ww.dailynewssegypt.com/?p=706804 The most advanced fintech players in the Egyptian market are the payment service providers and mobile wallets and both have been widely adopted by banks and telecom providers.

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 Fintech to play an integral role as Egypt embarks on a journey to reach financial inclusion, digital transformation.

Egypt’s burgeoning fintech scene could spur growth by helping bring more people and businesses into the formal economy and increase the size of e-commerce transactions.

However, while Egypt has the largest population in the Middle East and North Africa (MENA) region, only 14% of the adult population has a bank account, according to the World Bank Global Findex.

The most advanced fintech players in the Egyptian market are the payment service providers and mobile wallets and both have been widely adopted by banks and telecom providers.

The North African country has one of the largest mobile telecom markets in Africa, with effective competition and a penetration rate of approximately 105%. The country also has more than nine million wallets as 200,000 to 300,000 wallets being opened every month.

Earlier this year, the government set up a EGP 1bn ($57m) fund via the Central Bank of Egypt (CBE) and the International Finance Corporation launched a two-year program for fintech startups.

Electronic payments footprint in Egypt vs. cash payments

While there is no specific number for e-payments footprint in Egypt vs cash payments, the volume of electronic transactions in Egypt amounted to $2bn, including those transactions along with e-commerce booking services for travel tickets and hotels, while regulated e-commerce volume amounts to about $0.5bn.

The Middle East and North Africa (MENA) e-commerce market is expected to reach $2.7bn by 2020, and according to the World Bank, roughly 44 million people are eligible to enter the formal banking sector in Egypt. Yet only 14% of the Egyptian adults have bank accounts while the rest are unbanked, reflecting a long-standing distrust of banks.

Egypt has a young population, around 65% is under the age of 35, so a boom in digital payment services should be easy to achieve if financial institutions focus on awareness campaigns.

Banks are currently working on their own mobile applications to reduce cash operations as well and the e-wallets are emerging.

Talking about the future of fintech and how it is shaping the market in the current phase, robusta’s Managing Director, Hussein Mohieldin, said that a clearer and more accessible regulatory structure is needed to encourage widespread adoption. In addition, raising awareness of fintech is also critical to counter the cultural preference for cash payments. Egypt has tremendous potential to expand in fintech thanks to its large economy, mature banking industry, and young population.

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Cybersecurity transformation in 2019 and beyond https://wwww.dailynewssegypt.com/2019/08/30/cybersecurity-transformation-in-2019-and-beyond/ Fri, 30 Aug 2019 09:00:14 +0000 https://ww.dailynewssegypt.com/?p=706557 I’d like to tell you a short story. When working with a client on its security provision, we discovered that it had only devoted 4% of its total IT budget to cybersecurity. “Let’s develop a solution with this 4%,” said the client. It was only at that moment that I realized that cybersecurity is often …

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I’d like to tell you a short story. When working with a client on its security provision, we discovered that it had only devoted 4% of its total IT budget to cybersecurity. “Let’s develop a solution with this 4%,” said the client. It was only at that moment that I realized that cybersecurity is often considered as something that does not yet exist. This is a common misconception, and in some ways, this is the fault of the cybersecurity industry.

So what is cybersecurity?

For a long time, the cybersecurity industry has been doing what customers needed: offering products to protect them from existing threats targeting their networks. Moreover, customers were ready to pay for it, and this is more than logical – if there is a problem, people are ready to pay for a solution. But, as a result, the industry has made no effort to provide customers with a clear understanding of what cybersecurity actually is. Protection of information systems was perceived as adding layers into the system architecture: build an IT infrastructure, put some security on top and you’ll be fine. IT was something that would speed up and simplify a few business processes, but not yet the backbone of business infrastructure.

Competitiveness, as well as effectiveness and profitability, did not depend on IT. As such, cybersecurity was considered as an optional not obligatory part of your business network, demanding an arbitrary amount of investments. People would only spend 4% of their IT budget on security because there was 4% allocated for ‘additional needs’.

Because of this, the industry just sold utilitarian products that worked with more or less any company servers and computers. The only difference between offerings was the number of endpoints and servers which needed protection, or for which budget was available.

Back then, the answer to the question “what is cybersecurity” was simple: cybersecurity is the software you buy to protect your IT infrastructure from malware. However, the modern business environment – at least when it comes to large enterprises – is transforming and so should the cybersecurity industry.

Today we live in an ultra-connected world. In an era of digital economies, where technology has become deeply entrenched in our lives, modern and efficient IT infrastructure is an integral part of any profitable business. When a business thinks about what kind of IT infrastructure it needs, it doesn’t consider how to apply it efficiently, but rather what business goals can be achieved with the technology.

In other words, businesses know exactly what objectives they are aiming at. They want to use the right tools. But, more than that, they are looking for experts to demonstrate and explain what should be done in order to achieve their needs; not just someone who will propose a unified solution that (supposedly) fits everyone.

Yes, modern cybersecurity solutions protect from all the major sophisticated cyberthreats. But that’s not a killer-feature anymore. Security software is rapidly becoming a commodity. Protection from any kind of cyberthreats is not something that modern businesses are looking for. That is something they already have, so it doesn’t solve their cybersecurity challenges.

What would solve them?

The new ultra-connected and digitalized business environment requires a specific approach not just to cybersecurity, but to the very process of accessing cybersecurity. The latter includes not only finding cost-effective security technology that performs well in security tests but also understands what kind of protection a particular business needs. By default, any business has little insight into what specific protection fences they need to build to mitigate emerging attack vectors.

Should a business prepare itself for attempts by Chinese or Russian-speaking hackers? Should they invest considerable money inexpensive solutions that would protect a particular part of the company from disruption? Or is the probability of such an attack so low, that it would be more profitable to have this risk covered by insurance?

Would the NotPetya malware have brought the same amount of damage if the victims had known in advance that – given the global distribution of their business – they should pay more attention to protecting themselves from supply chain attacks?

These and other questions are really hard to answer if you don’t have security expertise. On the other hand, as the experts, the security industry must cease to create one single product that addresses the myriad risks each different businesses face.

That is why the cybersecurity industry is moving from a realm of unified boxed products towards expertise-based, business-needs driven, unique solutions. As an industry, we must start to listen more to what clients are looking for, and we must start putting our knowledge about cyber threats into the context our clients are living in. This means creating specific, tailored and unique solutions to protect businesses from the threats they really risk facing. Not those that would have minimal impact on the performance of the core business IT systems and would be difficult to justify from a budgeting perspective.

The cybersecurity industry needs to learn how to minimize risks based on customer’s goals and desired results, not the threats that customers should be protected from.

Cybersecurity is no longer just about providing software protection from all possible cyber threats, be it malware, spam or advanced persistent threats (APTs). It is not what you buy, but what you get. Previously, a notification from a security product about malware being caught on an endpoint was a sign that you were protected; proof that you made the right investment. Today, a wisely built IT infrastructure armed with specific protection technologies is astonishingly expensive and not cost-effective. It is pointless cybersecurity. A better indicator of cybersecurity is the fact that you didn’t lose a penny due to cyber-incidents in the last quarter.

So, is it realistic to build proper cybersecurity with a limited budget?

Of course, it is. But with one important condition. This budget should be estimated as a result of expert cooperation between a business and an information security vendor. If a company’s IT infrastructure is a vital mechanism that ensures the business functions, then the cybersecurity industry is a vaccine to give this mechanism immunity from problems threatening it without causing any side-effects.

Alexander Moiseev is the Chief Business Officer of Kaspersky

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Software lies at heart of digital transformation, software-driven, open 5G infrastructure to enable quicker ROI: Juniper Networks CEO https://wwww.dailynewssegypt.com/2019/08/30/software-lies-at-heart-of-digital-transformation-software-driven-open-5g-infrastructure-to-enable-quicker-roi-juniper-networks-ceo/ Fri, 30 Aug 2019 08:00:07 +0000 https://ww.dailynewssegypt.com/?p=706542 Egyptian Government clearly really ‘gets’ the social and economic value that a digital transformation can deliver, says Rahim

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The key to a successful 5G business model is the approach SPs take to their network transformation, Rami Rahim is Chief Executive Officer of Juniper Networks and a member of the company’s Board of Directors told Daily News Egypt.

Juniper Networks, Inc. is a networking service provider, the company develops internet infrastructure solutions for internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that include IP routing, Ethernet switching, security, and application acceleration.

Rahim recently visited Egypt to meet with some key customers, and signed an MoU for youth and human capital development with ITIDA in presence of Egypt’s Minister of Communication and Information Technology, Amr Talaat.

Daily News Egypt interviewed Rahim, to find out his views on the future of networking industry, 5G prospects, his company’s plans, and what can digital transformation offer.

Juniper Networks Q2 preliminary financial results showed an increase of 10% sequentially in revenues, what are the main drivers for growth, and what is your growth forecasts for Q3? 

Overall, secure networking continues to be a key area for investment as organizations around the world undertake digital transformation projects. So while our end markets are dynamic, they remain healthy, and we continue to see good opportunities across our key segments.

Looking forward to our Q319 results due in October, we’ve provided guidance that we expect revenues to continue to grow sequentially.

 

What is Juniper Networks’ competitive edge when it comes to 5G?

  5G offers a lot of new revenue potential for SPs, in terms of the rich mobile services and IoT capabilities it can deliver for users. At Juniper, we believe that the key to a successful 5G business model is the approach SPs take to their network transformation. Relying on legacy, hardware-intensive, proprietary networks to deliver 5G is one potential strategy, but may well prove to be very costly and inflexible – the precise opposite of what market dynamics demand.

To break out of this conundrum and reach viable 5G ROI (return on investment), we advocate that SPs must transform their end-to-end network strategies to support the following, software-driven capabilities: Predictive Automation, Distributed/Edge Cloud, Converged IP Transport, and Pervasive Security

So, being able to deliver these transformative capabilities to our customers is Juniper’s differentiation. I would also call out our focus on simplicity, in terms of delivering such sophisticated, innovative concepts in a very consumable, manageable way for SPs.

How do you view Egypt’s digital transformation plans and ICT sector?

  As you know, I recently visited Egypt to meet with some key customers, and I was, frankly, hugely impressed with what I learned about the country’s approach to digital transformation. In particular, what struck me as most remarkable is both the high ambition and the speed of the projects in hand. The Egyptian Government clearly really ‘gets’ the social and economic value that a digital transformation can deliver. I’m very pleased that Juniper is involved, and I’m very excited by the future for Egypt!

What can governments do to increase the affordability of 5G, and increase its implementation rates?

For me, this plays back into my earlier point about the business models SPs choose in pursuit of their 5G offerings. Building a flexible, software-driven and open infrastructure will enable a much healthier, quicker ROI, which should then lead to more cost-effective pricing models for users. I also think that the services possible thanks to 5G will be richer and more compelling – but that will lead to a very competitive, user-led market. The smart SPs will be those that are innovative with their services, which will only be possible with the right platform in the first place!

In your opinion, when would 5G be commercially available in Egypt in particular, and MENA?

  In our experience, SPs and telcos across the region are currently applying for spectrum licenses, and in parallel are also creating their infrastructure strategies. In many cases, they are also beginning to undertake trials of 5G infrastructure on a small scale. This is a similar pattern to SPs in other parts of the world.

Recently national security concerns have been on the rise, with doubts over the implementations of 5G, do you believe those security concerns towards 5G exaggerated?

As network infrastructure becomes more strategic, it is inevitable – and sensible – that this gives rise to more rigorous security considerations. Specific to 5G, as I already mentioned, one of the key capabilities Juniper delivers for customers is pervasive security, regardless of the scale of a 5G deployment.

An intelligent, software-driven network should utilize every component – routers and switches, not just security devices – to enforce security policies. The ability to do this in a multi-vendor environment is also key, so a truly open approach is fundamental. Automation is another important factor because it helps to scale security enforcement and eradicates human error.

Moving on to data centre networking, what differentiates between Juniper Networks and its competitors?

What really sets us apart in the data centre space is our vision and ability to help enterprises simplify their multicloud operations. This means, for example, being able to bring together distributed sites with a single management capability and a consistent operating system. This offers our customers huge technical and administrative dividends – the reasons why we’ve again been named a “Leader” by Gartner, Inc. in the 2019 Data Center Networking Magic Quadrant.

What is Juniper’s strategy when it comes to software?

Software lies at the heart of digital transformation and the multicloud era. It provides the means for networking infrastructure to be flexible, scalable and agile in support of innovative services and applications. It enables those services to be highly personalized, tailored to an individual user’s specific requirements or preferences, yet still be offered at scale. Several products across our routing, switching and security portfolio are available in both hardware and software form, enabling our customers to deploy bespoke yet flexible solutions that are eminently easy to manage.

It’s fair to say that Juniper has always been a software company, though! From our first router, the M40 brought to market in 1998, the software has been the differentiator. In those early days, the M40 was the first router from any vendor to use customized, programmable silicon, which enabled different functions to be separated and managed independently of one another. This unique approach drove game-changing performance and scale in the early days of the internet, an era of ‘scale-out’ which Juniper led thanks to our innovation with silicon. Looking into the current era – ‘scale-out’ – which is all about connectivity, collaboration and communication using multiclouds, we intend to continue our leadership, with the power of software. Our customers are building highly-scalable infrastructure using software-defined, cloud-based solutions, which enables a high degree of automation, and helps to harness the power of AI.

I like to talk about the fact that over time ‘the network’ as a concept has become increasingly complex. Today, the ability to automate functions within these networks – using software – actually simplifies them. So, in the right hands, this technology holds the key to its own future.

JunOS, our single operating system, remains at the heart of the Juniper portfolio today, from the largest to the smallest products. That makes life very easy for our customers, being able to train staff on one software product, being able to migrate from product to product without having to change the underlying software. That is another fantastic example of our desire to simplify the engineering around our customers’ networks, too.

What do you think are the top [trends] that would influence the networking scene in the near term?

Cloud and multicloud must be at the top of the list – they continue to be the single most influential factor shaping our industry, driving digital and business transformation. Automation and Ai are also hugely important because they enable the underlying, sophisticated networks to operate intelligently, reliably and at scale, in the cloud.

Taking all these things into account, I’d also add that Juniper’s focus on engineering simplicity into the networks we build for our customers is pretty significant too – just ask our customers!

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Pave Your Way Towards a Successful Score in Microsoft 70-462 Exam https://wwww.dailynewssegypt.com/2019/08/21/pave-your-way-towards-a-successful-score-in-microsoft-70-462-exam/ Wed, 21 Aug 2019 02:59:12 +0000 https://ww.dailynewssegypt.com/?p=705728 The IT certifications can play a great role when it comes to a breakthrough in the marketplace and can provide you with several opportunities of a well-paid job.

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The IT certifications can play a great role when it comes to a breakthrough in the marketplace and can provide you with several opportunities of a well-paid job. Whether you want to launch your career in IT or gain the fundamental experience required to counter the technical problems in today’s world, the Microsoft certificates push you forward in your career. While the idea of attempting an IT certification exam may seem compelling, preparing for it is a demanding task. Therefore, this article is going to tell you everything about Microsoft 70-462, ranging from what the test is about to what’s going to get you through it with an amazing score.

Exam details

The Microsoft 70-462 exam is focused on the tasks related to the databases of Microsoft SQL Server 2012/2014. The candidates who pass this test are awarded the certificate, which is meant to prove their knowledge and technical skills useful in the administration of Microsoft SQL Server.

Microsoft doesn’t publish the information about the number of questions. But as a rule, there are 40-60 questions in different formats, such as multiple choice, drag and drop (asking the candidates to match answers with the correct alternatives), case study, interaction with the GUI to select the correct settings and options. The exam duration is about 120 minutes. The 70-462 certification test can be taken in 6 languages, including Portuguese (Brazil), Chinese (Simplified), Japanese, French, German, and English. It is associated with the MCSA and MCSE credentials.

As published by the official Microsoft website, the 70-462 exam is designed for the database specialists who perform maintenance, installation, and configuration tasks. Other working roles include dealing with database systems and security of data.

The candidates of the Microsoft 70-462 exam should have a basic understanding of the installation, maintenance, and configuration of a database. The individuals interested in taking this certification test should have a decent experience with T-SQL and JavaScript. Having know-how of RDMS will also be assistive for their preparation.

Exam topics

There are the topics and subtopics to be covered while preparing for the Microsoft 70-462 exam. They are:

  • Installation and configuration of SQL Server (20-25%). It involves plan installation, installation of SQL Server and related services, implementation of a migration strategy, configuration of additional SQL Server components, management of SQL Server Agent.
  • Maintenance of instances and databases. It covers 15-20 % of the exam questions. The topic includes configuration of databases and SQL Server instances, implementation of SQL Server clustered instance, management of SQL Server instances.
  • Optimization and troubleshooting (15-20%). The candidates must learn how to resolve and identify concurrency problems, how to analyze and troubleshoot data, audit SQL Server instances.
  • Data management includes configuration and maintenance of a back-up strategy, implementation of indexes, import and export of data. It covers 20-25% of the exam content.
  • Security implementation (15-20%). The questions cover management of logins and server roles, database permissions, running users and database roles, troubleshooting security.
  • Implementation of high availability (5-10%). It includes the implementation of Always On, Database Mirroring, and HADR (High Availability and Disaster Recovery).

Exam Tips

  • It is important to cover all the exam topics/objectives through accurate reading and practice.
  • Reading one book or attempting a single practice test will not be enough, and the candidates must consult several study resources.
  • Time management is the key for a better score, and the timed practice tests are the ultimate support in this regard.
  • The individuals appearing for the exam are recommended to formulate a schedule and adhere to it for a disciplined approach towards their preparation.
  • Studies need to be carried in a quiet environment. This will improve an individual’s level of understanding of the concepts tested in the certification exam.
  • Although the preparation phase followed by the exam day’s pressurecanbe overwhelming, you must believe in your hard work. Eat, drink, and sleep well while also ensuring self-motivation and confidence!

Other details regarding the topics and preparation tools are available on the official Microsoft website.

Exam resources

There are several online courses, practice tests, exam dumps, and video tutorials available on the Internet. However, the following resources are the most recommended ones when it comes to preparing for the Microsoft 70-462 exam. Nevertheless, you must make a choice about selecting the right material for yourself, and you can always do some research for that matter.

Online courses

While learning for an IT certification exam, choose Examsnap because this is a website, which will help you by providing the pertaining material in the form of practice tests, online courses, exam dumps, and etc.You can also try Exam-Labs. The course offered by this website contains the material that is always up-to-date. The content is written by the IT industry specialists and is verified bythe qualified experts. You can change the exam format according to your choice, and for your ease, there is an option for the material’s preview with ten free questions. Have a look at the content and see for yourself!

Books

  • Training Kit (Exam 70-462) is an official book for this certification test.
  • Professional Microsoft SQL Server 2014 Administration is another one for a decent preparation.
  • Microsoft SQL Server 2012 Administrationis good for the beginners and teaches skills to get the MCSA or MCSE certificates.

Online forums

MSDN, or TechNet, is the official Microsoft forum and has the advantage of being in multiple languages. Stack overflow is also a very popular platform for answering your questions. SQLServerCentral is the ultimate choice when it comes to SQL Server, as well as SQLTeam, which is another option to explore.

Conclusion

The most significant factor to be successful in an exam such as Microsoft 70-462 is finding the right study material, and we have helped you with that, right? Moreover, the candidates must take their preparation seriously, as the more you try, the better you prepare. Don’t forget about practice tests from Examsnap. Best of luck!

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Match Group acquires matchmacking Harmonica app https://wwww.dailynewssegypt.com/2019/08/08/match-group-acquires-matchmacking-harmonica-app/ Thu, 08 Aug 2019 09:30:54 +0000 https://www.dailynewsegypt.com/?p=704856 Match Group announced that it acquired Cairo-based Harmonica, a matchmaking application.

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Harmonica approaches mobile matchmaking with respect for local traditions and cultures. In total, a team of 12 full-time employees is joining Match Group to help it serve the Muslim demographic globally.

The acquisition deal details will be revealed in a press conference that will be held on the 26 August in Cairo , in the presence of Alexandre Lubot CEO EMEA & APAC at Match Group, Ramez El-Serafy, CEO of  Flat6Labs Cairo and Harmonica team.

With Match Group’s Acquisition deal, Harmonica’s early investors Flat6Labs and 500 Startups, had realized full exit on their investments in Harmonica.

Mandy Ginsberg, CEO of Match Group said, “as we think about international growth and expansion, there are huge populations of young singles mostly across Asia and the Middle East that will be looking for their life partners in the near future, and that are not properly served by Western products, said Mandy Ginsberg, CEO of Match Group.

Two years ago, we founded Harmonica with our sisters, cousins, and friends in mind, with the goal of helping them find a perfect partner. It was critical that what we built was something to protect them and represent the values that our community cares deeply about. It was also important that our parents would be comfortable with them using our app,” said Sameh Saleh, CEO of Harmonica.

“We’ve already facilitated hundreds of marriages just in Egypt and believe that with Match Group’s vast experience, there are exciting opportunities ahead.”Saleh added.

Ginsberg said that the Harmonica team has built a highly differentiated product that, although early stage, truly understands the needs of this culture, adding that “We believe we’ve found great talent, with local expertise and insights that will help us further succeed in our international expansion strategy.”

“ This deal marks the first major Flat6Labs exit with significant returns on investment in just over one year,” Ramez El-Serafy, Flat6Labs CEO said. 

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Japan-South Korea feud threatens tech industry https://wwww.dailynewssegypt.com/2019/07/24/japan-south-korea-feud-threatens-tech-industry/ Wed, 24 Jul 2019 13:00:08 +0000 https://www.dailynewsegypt.com/?p=703404 Japan and South Korea partake in a complex and closely tied network of economies that contribute to the production of electronic goods, such as smartphones and laptops.

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The ongoing escalation between Japan and South Korea has caused panic in the tech industry, as important global manufacturing supply chain for semiconductors could be disrupted, adding more worries to the troubled global economy and the already ongoing trade tensions between China and the United States.

Japan and South Korea partake in a complex and closely tied network of economies that contribute to the production of electronic goods, such as smartphones and laptops.

Earlier in July, Japan unexpectedly imposed tighter controls on the exports of certain chemicals to South Korea.

Those chemicals are used in the Korean semiconductors industry, including memory chips, microprocessors, and integrated circuits, which are integral part of various modern-day electronic products.

Semiconductors companies are usually seen as an indicator to the overall health of the global economy, due to their widespread use.

On Tuesday, officials from South Korea announced that they will bring the dispute to a meeting of the World Trade Organization (WTO) General Council.

In 2018, global sales of semiconductors grew 12.5% to reach $474.6bn, according to the research firm Gartner. However, it is anticipated that sales would decrease in 2019, as several large semiconductor companies have already reduced their earnings estimates amid deteriorating demand.

On Monday, South Korean President Moon Jae-in urged Japan to lift the tightened controls on high-tech exports to South Korea, which he said threaten to shatter the countries’ economic cooperation and could damage Japan more than South Korea.

The dispute between the two US allies has further soured relations already troubled over Japan’s colonial rule of the Korean Peninsula before and during World War II.

The South Korean president accused Japan of exploiting its leverage in trade to punish South Korea over their historical dispute. South Korea believe that the Japanese decision is retaliation for the South Korean court ruling earlier this year that ordered Japanese corporations to compensate South Koreans forced to work for Japanese companies before and during World War II.

South Korea says Japan’s strengthened export controls of photoresists and other sensitive materials mainly to manufacture semiconductors and display screens could hurt its export-dependent economy and disrupt global supply chains.

Korean citizens responded by boycotting all Japanese products regardless of the possible economic losses.

South Korea is home to semiconductor giants Samsung Electronics and SK Hynix, which supplied 61% of components used in memory chips globally in 2018, IHS Markit said.

Accordingly, production disruption affects the two companies’ customers, which include major tech companies Apple and Huawei.

For now, the two South Korean suppliers have “high” levels of semiconductor inventories that they can rely on, according to analysts from Citibank. But when that’s drawn down, the chipmakers could have trouble meeting production deadlines if they fail to find alternative suppliers of the three chemicals in time.

Citibank analysts estimated that at Samsung Electronics, inventories of the chemicals restricted by Japan could last the company 20-30 days. The estimation was based on the local Korean media report citing the company saying to customers “the current situation is manageable near-term.”

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78% of lonely Egyptians use music to overcome heartbreaks: Deezer https://wwww.dailynewssegypt.com/2019/07/24/78-of-lonely-egyptians-use-music-to-overcome-heartbreaks-deezer/ Wed, 24 Jul 2019 12:00:26 +0000 https://www.dailynewsegypt.com/?p=703399 Study conducted by music streaming service over six countries around the world

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After breakups, many people would consider focusing on their life paths, focus on the things that they want to develop in their personalities, or seek moving on; yet the music remains a main supporting key for the people to keep going, according to a survey by global music streaming service, Deezer.

The survey said 78% of participants admitted that songs they listen to help them overcome heartbreaks. It included 2,000 people in Egypt, and 8,000 others across Saudi Arabia, Brazil, Germany, France, and the USA to prove similarities among users across the world.

The study searched number of cases of which music was stated to be an essential part of them, and had a remarkable role in people’s reactions in them. This includes, first dates, heartbreaks, and recovery process.

The study revealed that 72% of people admitted the importance of music in recovering from illness.

With over 56 million tracks available in every genre, the platform offers users all sorts of music to pick from, depending on their demand.

When it comes to the start of relationships, 29% of surveyed people in Egypt, admitted that they pretended knowing a song or an artist on their first date.

Users from Saudi Arabia and Brazil agreed with Egyptians on pretending to know an artist on the first date, except that the rate of doing so jumps on reaching 41%, compared to 29% in Brazil.

The journey music with people is far from having an end as the spark of love fades, 78% of lonely hearts admitted that music did help overcome heartbreaks, while 41% stated “seeking out new music to rebuild confidence after a romantic breakup.”

Speaking of hearts and love, the survey also stated that people’s taste in music genres dramatically changes after going through breakups.

The platform connects 14 million monthly active users around the world to 56m tracks.

Music is also proven to be an emotional calming drug for 84% of the surveyed people in Egypt admitted listening to music when feeling tense or nervous.

It also accompanies people at their new challenges, and triggers emotions and power inside of them. About 46% of people turn to music when starting a new job, while 34% seek out new music when traveling or exploring the world, while 35% use new music to help them find a new hobby.

“Music is part of us and the soundtrack to our lives is always evolving. It’s fascinating to see from our research how music discovery is closely linked to important phases and events in people’s lives,” Aurélien Hérault, Chief Research and Data Officer at Deezer, said in a press release.

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Russia’s Optical Museum: a blend of education and entertainment https://wwww.dailynewssegypt.com/2019/07/17/russias-optical-museum-a-blend-of-education-and-entertainment/ Wed, 17 Jul 2019 13:02:16 +0000 https://www.dailynewsegypt.com/?p=702935 We dream to prepare OptoClones from best treasures in international museums, says Stafeev

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Saint Petersburg –The Optical Museum in Saint Petersburg is the first Russian interactive educational exposition. It was created as a part of the innovative educational programme of the National Research University of Information Technologies, Mechanics and Optics (ITMO).

It is located in one of ITMO University’s buildings which was the house of a very famous Russian merchant called Eliseyev (before the revolution), and was the “birthplace of holography,” according to Professor Sergei Stafeev of the Faculty of Physics and Engineering at ITMO University. 

As part of a media trip organised by ITMO University, Daily News Egypt was invited along and had the chance to tour the museum and learn about its exhibitions. The museum contains 11 halls which recount the history of optics and modern technologies, each exhibit illustrates a particular optical phenomenon. 

Stafeev said that the museum is not only for holograms but it is also interested in all optical phenomena. He explained that the museum is about 400 sqm, and holds about 200 different exhibits about holography and all optical phenomena, mirrors, and history of optics.    

The museum aims to activate the concept of edutainment, which mixes education with entertainment, to make scientific knowledge more interesting for audience, particularly children. 

Visitors to the museum can freeze their own shadow, become the lord of particles, and even fly a little. The interactive format in the museum gives visitors the opportunity to study science with interest. 

In 2015, the museum hosted the Magic of Light exhibition organised by ITMO University, in cooperation with the Greek Hellenic Institute of Holography. In 2016, the museum held the Living Light Exhibition (Light Alive), which told visitors about the magical and beautiful properties of light. Magic of Light made a trip to Moscow (2016) and Shanghai (2019).

Stafeev noted that the museum has one of the best types of holograms in the world, called OptoClones, which is an ultra-realistic full-colour hologram that creates the illusion of the physical presence of a three-dimensional object. The project was recognized in 2015 by the International Association of Holography as the best project. 

The holograms include some of the most popular treasures of the Russian Empire: Fabergé Imperial Easter Eggs and objects from the Moscow Diamond Fund.

“We have a dream to prepare the OptoClones from the best treasures of the most famous worldwide museums, and if we did that, we can prepare an absolute unique holographic museum,” Stafeev said. He explained further that this technique could be used after that in metropolitan cities to display international treasures. 

“If you really like to know some science, you need to know the history of this science. In 1961, one of the students of our institution, Yuri Denisyuk, started to think about a three-dimensional image of the real object and then invented volume holography; the process used to make white light reflection holograms,” said Stafeev. 

He added that in 1962 Denisyuk invented the method of image recording in three-dimensional environments allowing one to save information about phase, amplitude, and the spectral structure of the wave coming from an object. Denisyuk also used mercury arc lamps as a light source.

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MTI plans to merge Bee, Masary e-payment platforms by 2020 https://wwww.dailynewssegypt.com/2019/07/16/mti-plans-to-merge-bee-masary-e-payment-platforms-by-2020/ Tue, 16 Jul 2019 06:20:46 +0000 https://www.dailynewsegypt.com/?p=702788 Investor Relations and Business Development Manager at MTI, Ashraf El-Ghannam, said the group will focus on enhancing profitability by increasing contribution of high-profit-margin business lines, and replicating MTI’s business model to its recently consolidated subsidiary Qanawat.

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MM Group for Industry and International Trade (MTI) plans to merge its e-payment platforms, Bee and Masary, by 2020, in addition to increasing high-profit-margin products.

Investor Relations and Business Development Manager at MTI, Ashraf El-Ghannam, said the group will focus on enhancing profitability by increasing contribution of high-profit-margin business lines, and replicating MTI’s business model to its recently consolidated subsidiary Qanawat.

Al-Ghannam added that MTI targets to increase its business volume to EGP 20bn by the end of this year or the beginning of 2020.

He noted that MTI intends to develop Ebtikar, a non- banking financial services platform, to focus more on microfinance services.

MTI targets EGP 11.0bn in sales during 2019, including the expected EGP 3.0bn from Qanawat. The gross profit margins are distributed as follows: Samsung Mobile 6%, Huawei Mobile 8%, Qanawat 7%, Bosch 15%, telecom 4.2-4.6%, automotive 15%, and pipes and tractor over 30%.

MTI supports its core operations with a NBFS arm through its investment in Ebtikar.

Masary is an e-payment company with 80.0k points of sale. Bee is a pioneering tech company in payment solutions with 70.0k point of sale.

Tamweel Mortgage Finance is a platform of four companies operating in: leasing, mortgage finance, factoring, and insurance brokerage and collection.

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Facebook to be fined $5bn for privacy violations  https://wwww.dailynewssegypt.com/2019/07/13/facebook-to-be-fined-5bn-for-privacy-violations/ Sat, 13 Jul 2019 19:53:28 +0000 https://www.dailynewsegypt.com/?p=702585 Neither Facebook nor FTC commented on matter so far

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The United States Federal Trade Commission (FTC) has approved a $5bn fine against Facebook for mishandling users’ personal information in a settlement for the case, according to the New York Times. 

The commission investigated allegations of the use of Cambridge Analytica, a political consulting company, on the personal information of 87 million users on Facebook without their permission.

The commission voted in favour of fining Facebook this amount by three to two. Once confirmed, this would be the largest ever fine imposed by the FTC against a technology firm.

Neither Facebook nor the FTC commented on the matter so far.

Investigations into Facebook violations were launched by the FTC in March 2018 after reports showed that Cambridge Analytica had received data of a about a dozen million Facebook users.

Investigations focused on whether Facebook violated the agreement in 2011 which stresses that users should be notified and approve of sharing their data to a third party.

The FTC’s decision still requires several procedures by the Civil Department of the United States Department of Justice to be final. Inevitably, this process could take time. 

The British political consulting firm, Cambridge Analytica, has managed to access data of millions of Facebook users, some of which were allegedly used to psychologically influence US voters during the 2016 election.

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New technology by Philip Morris to provide less harmful alternatives to smoking https://wwww.dailynewssegypt.com/2019/07/07/new-technology-by-philip-morris-to-provide-less-harmful-alternatives-to-smoking/ Sun, 07 Jul 2019 10:30:07 +0000 https://www.dailynewsegypt.com/?p=701975 Tobacco industry presently undergoing drastic changes. Past few years witnessed great development in use of modern technology to develop better tobacco and nicotine products

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Lausanne- “Designing a smoke-free future” is the goal of Philip Morris International (PMI), said the company’s Manager Market Campaigns & Initiatives, Anna Bodi, during a presentation for a group of journalists, Daily News Egypt included, at the company’s Research and Development (R&D) centre in Switzerland.

PMI aims to offer smoke-free alternatives that have the potential to reduce the risk of developing smoking-related diseases, as compared with continued smoking, Bodi added, explaining that this is why PMI decided to create an R&D centre in 2009. “We work on developing products that are satisfying to current adult smokers, so they can fully switch.”

Smoking cigarettes causes several serious diseases and increases the risk of early death. In fact, based on population trends and the World Health Organization (WHO), it is estimated that there will be more than 1 billion smokers by 2025, about the same number currently exists.

“Given this number, and as the technology now exists and continues to develop, it makes sense to offer consumers, less harmful, yet satisfying, smoke-free alternatives,” said Bodi. 

According to international statistics, a person dies every six seconds due to smoking-related illness, and half of smokers will die from a disease directly linked to their use of combustible tobacco or traditional smoking.

The criticisms tobacco companies face and the huge technological revolution sweeping the world have led these companies to think of alternative products for smokers; products that companies say are “less harmful” than conventional smoking.

According to the Global Forum on Nicotine held two weeks ago in the Polish capital, Warsaw, e-cigarettes can be less harmful by  95% compared to traditional cigarettes. Moreover, according to presentations in the Global Forum, there are numerous markets that have started commercializing smoke-free alternatives, including most of European countries, Japan, South Korea, Canada, New Zealand, and many more.

As per an international report issued by the Foundation for a Smoke-Free World in New York, about a billion people around the world smoke and there are more than 7 million people that die each year as a result of smoking. This is all while the sales of nicotine products in 2017 reached $785bn, of which 89.1% were cigarettes.

The report shows that there is a clear growth in the sales of e-cigarettes, where the estimated sales of electronic products reached $11.4bn, up by 21% compared to the previous three years. Meanwhile, Heated Tobacco Products (HTPs) saw sales of $6.3bn, up by 52% against the previous three years, out of which 85% in Japan alone.

The report said that e-cigarettes, in general, have recently seen a clear growth compared to traditional cigarettes, adding that the top players in the tobacco industry turned into the next generation of tobacco and nicotine products, where Philip Morris International’s IQOS for example is currently present in 48 markets around the globe.

In the same context, Japan Tobacco aims to offer PloomTech outside its home country, including the US, Canada, and Switzerland. Moreover, British American Tobacco will also introduce heating-based products in South Korea, Russia, Romania, Canada, and Switzerland.

“We welcome the competition because it means more research. At the same time, we are not afraid of competition. We started the journey since the early 1990s, so we have a good experience in the field,” concluded Bodi.

Different innovations

The R&D centre gave the opportunity to move from very little innovations to different innovations, said Nuno Fazenda, Program Manager Scientific & Public Communication at PMI.

He explained that the process of burning cigarettes is the main harm component and trigger, noting that nicotine itself, while addictive and not risk-free, is not the primary cause of smoking-related disease.

“PMI’s R&D decided to develop products that deliver nicotine, the taste and the flavour, without the combustion factor. We develop a lot of products, and IQOS is currently our most advanced one,” explained Fazenda. 

And that’s why, after only four years, 10 million adult smokers are using it, of which 7.3 million have made a full switch and abandoned cigarette smoking altogether. 

“IQOS uses the principle of heating tobacco instead of burning it, which in itself has been around for over two decades. However, it is only now that we have finally managed to find ways to heat tobacco in such a way that satisfies adult smokers. IQOS uses sophisticated electronics to heat specifically prepared and blended tobacco,” Fazenda added.

The PMI is building a future on smoke-free products (also referred to by the company as Reduced Risk Products or RRPs) that are a much better consumer choice than continuing to smoke cigarettes.

In its 2017 sustainability report, PMI stated the ambition that by 2025, at least 30% of its revenues would come from smoke-free products.

According to international research conducted by the US Food and Drug Administration (FDA) and Health Canada, IQOS users achieve between 90-95% of what they can achieve if they quit smoking. “The aim is to demonstrate that the toxicity of the aerosol from smoke-free products is lower than that of cigarette smoke.”

In this context, IQOS was authorized for sale by the FDA on 30 April 2019, to be the first Heated Tobacco Product qualified for sale in the US.

The sales of IQOS, according to the presentation of the PMI’s R&D, registers 10.4 million in the first quarter (Q1) of 2019, compared to the 2.9 million in Q1 in 2017. (70% quit smoking completely and switched to IQOS).

Egypt is a key market

Philip Morris is a key player in Egypt’s economy, as Philip Morris Misr (PMM) is the top international player in the Egyptian tobacco industry, with a 24% market share and around one-third of the total tobacco taxes revenues.

The company provides numerous job opportunities, as it employs around 2,500 people, whether directly or indirectly, across its value chain, including manufacturing, supply chain, and distribution among others. This comes in addition to over 100,000 retailers who sell Philip Morris products on a daily basis.

“The industry has significantly evolved, and PMM has been playing a major role in its development. The Egyptian market is witnessing strong competition, thanks to the presence of international tobacco companies within Eastern Company. Eastern Company manufactures a total of 86bn cigarettes annually for all tobacco companies operating in Egypt,” PMI’s Managing Director Egypt & Levant, Vassilis Gkatzelis, told Daily News Egypt.

“Egypt is a key market for us, and has great potential for a smoke-free future. We would like to offer better alternatives to adult smokers in Egypt,” he added.

When will IQOS be introduced in Egypt?

PMM is working with the Egyptian government and its partners to turn this into a reality; however, no launch date has been set yet, Gkatzelis said. Regardless, IQOS would be launched after obtaining all regulatory approvals.

As for pricing, he noted that it is too early to announce the device’s price, while adding that “we are targeting all segments of Egyptian smokers.”

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E-commerce sales in Egypt grew by over 150%, mobile purchases make over 1/3 in 2018: Admitad https://wwww.dailynewssegypt.com/2019/06/26/e-commerce-sales-in-egypt-grew-by-over-150-mobile-purchases-make-over-1-3-in-2018-admitad/ Wed, 26 Jun 2019 16:27:55 +0000 https://ww.dailynewssegypt.com/?p=701208 Online sales in Egypt on Black Friday are 940% more than any other Friday, average purchase amount $87

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The e-commerce market is expected to grow rapidly, on the back of Egypt’s number of online users, giving the country the top rank in the Middle East and North Africa (MENA) region, in terms of users, according to Admitad, MENA’s most recent report.

The report indicates that that the growth of e-commerce in Egypt will be impressive, especially that by 2030 more than 4,000 post offices are expected to open, and internet networks (5G) will be upgraded.

Admitad believes that Egypt’s e-commerce is on a growth path, citing the fact that although the internet is available to less than half the population of Egypt, online shopping is actively developing here. The average purchase amount of a customer who follows the affiliate link already exceeds $100.

However, the country is not yet at its full potential. The report indicates that currently, only about 15% of internet users over the age of 15 are engaged in online shopping, the dominant customer category is middle-aged men living in large cities.

 

Mobile purchases are on the rise, holidays drive growth

According to Admitad mobile commerce (m-commerce), the number of mobile sales has significantly increased, exceeding 1/3 of all purchases made by users from Egypt over the year, most of which are using Android devices (95%), and a mere of 5% are through iOS devices.

The year of 2018 witnessed a huge growth in e-commerce, with more than 150% in both sales and number of purchases.

“This makes Egypt one of the most actively developing countries in the region both in the affiliate marketing and e-commerce,” said the report.

Holidays are one of the main drivers of growth, as the report points out, citing the fact that Egyptians celebrate the New Year, as well as traditional Muslim holidays (Ramadan and Eid-Al-Fitr).

Furthermore, other sale festivals such as “Singles Day” (November 11) and Black Friday (last Friday of November) played a role.

According to Picodi, about 74% of the population know about Black Friday, while about 34% of the population participate in it (last year the figure was 28%).

The share of people who preferred offline stores during the sales season has decreased from 32% to 25%, while the number of online purchases (via desktop and mobile devices) has increased from 50% to 54% over the year. In 2018, 20% of buyers preferred to use all available opportunities and participate in both offline and online sales.

Statistics indicate that the number of online sales in Egypt on Black Friday is 940%–more than any other Friday of the year. The average purchase amount on this day is approximately $87, while the average discount is 40%. Most of the cash was spent on clothing, shoes, and equipment on that day.

 

Egyptians’ average spending on e-commerce by month

According to the report, Egyptians’ expenses depend not only on holidays and sales, but also on the income amount, which is affected by different seasonal factors.

The most prominent factor is the tourism seasonality because it is one of the main sources of cash flow into Egypt, according to the report, thus the average basket amount shows growth peaks in the high tourist season.

Not only Egyptian, but also Russian holidays typically influence the average purchase amount and the number of purchases as they are the demand accelerators for the most expensive tours. The average purchase amount reaches its peak at the end of the year. For instance, in December it exceeds $250 for one sale.

 

 

 

Social media, led by Facebook are the main traffic source

The highest source of income for online advertisers was from social media, and Facebook was the most popular among them. It is visited by more than 80% of internet users daily.

However, the report indicates that the most purchases in 2018 were made by Egyptian users through cashback services, which allow the return of a part of the purchase cost. Stores based on drop shipping model rank second.

 

 

 

 

 

What did Egyptians buy most?

Chinese goods are an Egyptian favourite as according to Admitad as most of all purchases in 2018 in Egypt were made in the category of ‘Goods from China’, followed by ‘Household Appliances & Electronics’ in the second place, and ‘Online Supermarkets’ in third.

On the other hand, demand for services from the category “Travel & Tourism” was extremely low in Egypt, unlike other Arab countries.

However, according to the report, despite the relatively low demand for travel services, the high average purchase amount has made this category one of the most profitable.

 

Which categories do Egyptians spend most in?

The report indicates that ‘Online Services’ and ‘Arts & Crafts’ brought the highest rate in 2018 — from 26% to 27%. Working in such categories as ‘Sport’, ‘Kids Shops’, ‘Clothing & Shoes’, ‘Books’, ‘Health & Beauty’, and ‘Gifts & Flowers’, Egyptian publishers earned from 8% to 13% of the purchase amount for a confirmed order.

The highest ticket (spending in one go) could be seen in ‘Travel & Tourism’ — more than $400 for one sale. Such categories as ‘Cars’, ‘Furniture & Home Decor’, and ‘Clothing & Shoes’ rank second, with an average amount of $150 to $250.

Moreover, the average size of shopping cart in ‘Food & Food Delivery’ exceeded $100, while in ‘Online Supermarkets’, ‘Pet Stores’, ’Health & Beauty’, ‘Sport’, ‘Kids Shops’, ’Household’, and ‘Appliances & Electronics’ stayed at $50 to $90. As for the other categories, the average amount was about $30 per purchase.

According to the report, the average publishers’ income in most categories did not exceed $10 per confirmed order. Such categories as ‘Clothing & Shoes’ and ‘Travel & Tourism’ allow earning more than $15 per order. ‘Sport’, ‘Health & Beauty’, and ‘Kids Shops’ brought more than $7 from one paid order.

Most of the traffic in 2018, for the ‘Online Supermarkets’ category delivered advertisers the highest turnover from publishers working with social media communities, followed by blogs — projects with text and video content — which ranked second after a big gap.

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Egypt’s legislators pass country’s first Data Protection Regulation Law https://wwww.dailynewssegypt.com/2019/06/22/egypts-legislators-pass-countrys-first-data-protection-regulation-law/ Sat, 22 Jun 2019 00:40:03 +0000 https://ww.dailynewssegypt.com/?p=700739 The data protection regulations were finally approved by parliament on Monday, June 17. The regulations are to protect data and privacy for all Egyptian citizens and European Union citizens in Egypt

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Due to the increasing developments of the internet, maintaining personal data has become very difficult. Hence, under the state’s efforts to prevent illegal spreading of personal data over the internet, the country will apply data protection regulation in Egyptian Law.
The data protection regulations were finally approved by parliament on Monday, June 17. The regulations are to protect data and privacy for all Egyptian citizens and European Union citizens in Egypt.
The regulations contain provisions and requirements pertaining to the processing of personal data of individuals.
However, the personal data considered to be information about the individual can identify them directly or indirectly, using names or pictures, or any other data identifying the individual’s economic, cultural, or social conditions.

Meanwhile sensitive personal data is what reveals the physical, or mental health, the financial, religious data, and political opinions also are sensitive data.
The data protection regulation obliges companies which deal with personal data to follow these regulations.

Personal data may not be collected, processed, or disclosed by any means without permission from the concerned person. The law shall punish any person that does not comply by imprisonment for a period of not less than three months and a fine between EGP 100,000 and EGP 1m.
Moreover, the second article of the law prohibits the collection, transfer, storage, preservation, or processing of sensitive personal data, or making it available without a license from the centre, with the obligation to obtain written consent of the concerned person.
Article 14 prohibits the transfer or sharing of personal data to a foreign country, except by a license from the centre. The law would fine any person between EGP 300,000 and EGP 3m.
For electronic commercials, article 18 requires permission from the receiver to get any commercial messages.

Any violation can lead to imprisonment or a fine from EGP 100,000 up to EGP 1m.

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Facebook reveals own ‘Libra’ cryptocurrency in bid to move into e-payments https://wwww.dailynewssegypt.com/2019/06/18/facebook-reveals-own-libra-cryptocurrency-in-bid-to-move-into-e-payments/ Tue, 18 Jun 2019 11:33:14 +0000 https://www.dailynewssegypt.com/?p=700649 To be launched in 2020, backed by low-volatility assets including bank deposits, short-term government securities

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Social media giant Facebook Inc announced on Tuesday plans to launch a new cryptocurrency called Libra, scheduled for launch next year alongside the underlying blockchain-based network that will support it.

Unlike Bitcoin – which is a speculative asset – Libra would be what is called a stable coin, a cryptocurrency that is backed by assets and securities, to avoid price fluctuations, in a bid that Libra would trade in the future on a global scale much like the United States dollar.

Facebook’s stock rose 4.2% Monday as investors anticipate the company’s entrance into the hot cryptocurrency space.

According to Facebook, Libra would allow users to use it as a payment tool for both online and offline services. However, the cryptocurrency is to start to transfer money between individuals in developing countries who lack access to traditional banks.

According to the company’s executives, their end goal is to establish a mainstream cryptocurrency that would be as stable as the dollar, can be used to buy almost anything, and can support an entire range of financial products — from banking to loans to credit.

David Marcus, head of the Facebook blockchain team said that, “It would make a scenario where there’s a run on the bank completely impossible, because we are backed one-for-one,” Libra will also be audited, he added, an important step in an industry with limited transparency.

“To help instil trust in a new currency and gain widespread adoption during its infancy, it was guaranteed that a country’s notes could be traded in for real assets, such as gold,” according to the white paper issued.

The white paper cited that Libra would be backed by a collection of low-volatility assets, such as bank deposits and short-term government securities in currencies from stable and reputable central banks, instead of gold.

 

Question of regulation

Facebook would still need to get regulatory approvals in the US and elsewhere. Shutting down business for issuing unregulated tokens is not unprecedented. US Securities and Exchange Commission (SEC) has previously shut down about a dozen businesses issuing their own tokens for violations of Securities Law.

In this regard, Marcus revealed that the social media giant has already established contact with the SEC, other central banks, and regulators. However, they did not receive the approval so far.

 

In a bid to soothe regulators, Facebook established a governing body to oversee Libra, called the Libra Association.

According to Marcus, the body would include 27 other firms, including Visa Inc, Uber Technologies Inc, and PayPal Holdings Inc, all of which are part of the group, who would have an equal say in how the cryptocurrency is managed.

“Facebook will not have any special privilege or special voting rights at the association level,” he said, adding that, “We will have competitors and other players on top of this platform that will build competing wallets and services.”

In Egypt’s case, the government historically had a sceptic attitude toward cryptocurrencies, which didn’t start to change until the end of 2018, when the Central Bank of Egypt (CBE) revealed plans to introduce a digital version of the Egyptian pound.

Moreover, in May, a source in the CBE told the state-run MENA news agency that companies looking to establish a digital currency and cryptocurrency platforms will be required to obtain licenses under the proposed Banking Act. The draft law would also give the CBE regulatory power over the use of cryptocurrency in Egypt.

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Huawei takes part in security arrangements of 2019 AFCON https://wwww.dailynewssegypt.com/2019/06/08/huawei-takes-part-in-security-arrangements-of-2019-afcon/ Sat, 08 Jun 2019 19:09:34 +0000 https://www.dailynewssegypt.com/?p=699885 US protectionist actions threaten global economic growth, says China’s Chargé d'Affaires

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Huawei Technologies is cooperating with Egypt’s ministry of youth and sports in organising security arrangements of the 2019 Africa Cup of Nations (AFCON) that will take place from 21 June to 18 July, said, Xiao Jun Zheng, China’s Chargé d’Affaires to Egypt.

“Huawei established its branch office in Cairo many years ago and provided the Egyptian market with very effective, economic, and technical solutions,” Zheng told Daily News Egypt during the event that was organised by the Chinese embassy in Egypt last Sunday.

The 2019 AFCON is a very big event where Huawei is engaged in the security information and providing of  very useful and competitive solutions to help Egyptian friends to successfully deal with security checks, he elaborated.

Earlier in April 2019, President Abdel Fattah Al-Sisi said in his speech in the second Belt and Road Forum for International Cooperation that he will do his best to make Egypt one of the international centres for IT industries, Zheng said, adding that Al-Sisi’s IT proposal offered a great opportunity for both countries’ companies including Huawei to boost their IT cooperation.

 

Additionally, the United States has moved to restrict Huawei’s ability to trade with US firms in May 2019, shortly after reigniting the trade war with tariff hikes. The latest blow to the Chinese telecom giant marks a grave escalation in the US-China power struggle, according to global media reports.

Zheng commented that China has to deal with the trade war with the US, adding that the US protectionist actions are threating global economic growth and conflict with the World Trade Organisation (WTO) rules.

 

“China and the US are the world’s biggest economies and it is normal to have disagreements that should be solved with dialogue,” he affirmed, noting that Huawei is a successful model for private sector companies.

 

Economic cooperation between Egypt and China is remarkably developing in light of the joint exerted efforts and the support of both countries’ political leadership, China’s Chargé d’Affaires to Egypt said.

 

Zheng expected that Chinese President Xi Jinping will visit Egypt for the second time this year or in 2020 according to the president’s schedule.

“China and Egypt are strategic comprehensive partners who enjoy a very close and friendly working relation. The Chinese president has already visited Egypt in 2016 and I am sure that he would like to make his second visit to Egypt soon,” he noted.

Chinese construction companies are engaged in many projects in Egypt specially in the New Administrative Capital and others for the tallest building in Africa, in addition to other projects in the fields of transportation and energy, he stated.

Total Chinese investments in Egypt are estimated at $7bn while last year’s Chinese FDIs to Egypt reached about $800m, Zheng noted.

Trade exchange reached $13.86bn in 2018, he added at the iftar event that the embassy held on Sunday, affirming that 2018 was a fruitful year for Egyptian Chinese relations. Both countries achieved important development for cooperation in various fields, he added, noting that President Abdel Fattah Al-Sisi paid China his 6th visit in April 2019 to attend the second Belt and Road Forum for International Cooperation.

Moreover, among the 56 Chinese nationalisms, 10 Chinese nationalisms embrace the Islamic religion, he added, noting, “more than 20 million Chinese people are Muslims and they are an important part of the Chinese nation’s family.”

Chinese Muslims have contributed greatly to the diverse civilisation and development of modernity in China, he elaborated.

China and Egypt are two ancient civilisations, multi-national, and multi-religious, he said, affirming China’s desire of a peaceful coexistence between its different nationalisms.

The vast majority of Chinese Muslim brothers and sisters, like Egyptian Muslim friends, are overwhelmed by the festive atmosphere of Ramadan, he elaborated.

“Two weeks ago, the Dialogue of Asian Civilizations’ Conference was held in China, where Chinese President Xi Jinping stressed the importance of the universality of civilisation, exchanges, and mutual learning while friends attended the conference upon the invitation of China,” he said.

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El Gouna to host Egypt’s, MENA’s first Global Impact Challenge https://wwww.dailynewssegypt.com/2019/05/30/el-gouna-to-host-egypts-menas-first-global-impact-challenge/ Thu, 30 May 2019 08:06:30 +0000 https://eklutdvotyzsri.dailynewssegypt.com/?p=699588 GIC winner to receive $60,000 scholarship to enroll in distinctive international program of Singularity University, says Ghaleb

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Singularity University, located inside NASA Ames in California in the USA, announced the launch of the Global Impact Challenge (GIC) for the first time in the Middle East and North Africa in July 2019 in Egypt’s El Gouna.

According to the official announcement, GIC is a unique experience that aims to encourage creativity among startups and individuals with innovative ideas to work and try to deal with the challenges of the world nowadays.

This would be carried out through untraditional and premature solutions in fields like health, energy, education, agriculture, transportation, and fintech while using Exponential Technologies.

Egypt’s GIC would be organised in cooperation with Challenge Group and Endure Capital, one the of distinctive corporations that invest in successful startups.

Singularity University is a global learning and innovation cooperation and community using exponential technologies to tackle the world’s biggest challenges and build a better future for all. The collaborative platform of Singularity University empowers individuals and organizations across the globe to learn, connect, and innovate breakthrough solutions using accelerating technologies like artificial intelligence, robotics, and digital biology.

Haider Ghaleb, Singularity University Representative in Egypt said, that the competition is an exceptional idea that would Improve the lives of a billion people is based on choosing 20 startups or teams for the actual participation in the competition.

He explained that afterwards, one team or startup wins a scholarship of $60,000 to enroll in the Global Startup Program (GSP), one of the major programs offered by Singularity University. The competition will be held for 7 days in El Gouna in Egypt.

“One of the most important conditions of the competition is that the winning team or company must return to the Middle East or North Africa after completing the program offered by Singularity University. This is after they obtain the required knowledge and most advanced technologies. This would enable them to work on providing solutions for the most important challenges facing their nations and the region where they live. The winning team or startup would be announced in July 2019 in El Gouna,” Ghaleb added.

Furthermore, Walid Khalil, the Managing Partner of Endure Capital, said, “We have great confidence in the organizers of the competition due to their long expertise in this regard. The competition offers a detailed educational program, which is specifically designed for startups and emerging companies, with the support of the professors of Singularity University. The objective of the competition is to solve the major problems of the world and have a positive impact on the lives of one billion people during the last 10 years.
Endure Capital is an early stage investment VC headed by two entrepreneurs, Tarek Fahim, and Waleed Khalil.
To submit an application to participate in the Global Impact competition, please visit the below link

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Vapulus launches world’s first free e-payment portal https://wwww.dailynewssegypt.com/2019/05/30/vapulus-launches-worlds-first-free-e-payment-portal/ Thu, 30 May 2019 07:30:32 +0000 https://www.dailynewsegypt.com/?p=699492 Unlike all global players and e-payment processing companies, Vapulus launched its portal without subscription fees and no fixed fees per transaction.

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Vapulus, a specialist firm in financial technology (FinTech) solutions, has announced the launch of the world’s first e-payment portal with 0% transaction fees, changing the rules of the competition game in the global e-commerce and e-payment markets.

Unlike all global players and e-payment processing companies, Vapulus launched its portal without subscription fees and no fixed fees per transaction.

The commercial launch of the portal came after a pilot (soft) launch for nearly a year, in which the portal gained the trust of more than 450 trading companies and e-commerce platform from 14 countries across the Middle East and North Africa. The company, based in Egypt, targets to operate globally within three years.

“The profit-making model of the transactional pricing is going to die, so any e-payment processing companies that rely on these fees as a major source of revenues will be out of competition,” according to Abdelrahman Elsharawy, co-founder and CEO of Vapulus.

“As we aim to be able to compete globally, we decided to offer our services free of charge without any fees, in a proactive step to the future of electronic payment ” he added.

Elsharawy stated despite the fact that in 2018, e-payment portals generated profits of $64bn through charging merchants 2.9% fees per transactions, his model is under attack by other free e-payment technologies like e-wallets, blockchain, and ACH, which made it essential to develop a 100% free business model.

“The step of abolishing fees plays a pivotal role in enabling small and medium-sized enterprises (SMEs) to enter the e-commerce market, which provides many job opportunities and reduces unemployment rates in emerging markets. This will subsequently achieve social and economic equality, and aligns with the United Nations Sustainable Development Goals (UNSDGs),” he explained.

Notably, e-payment portals are serving as an interface between online businesses and their customers, it allows the merchants to receive customers’ payments using various electronic payment methods including banks accounts, e-wallets, debit cards, and credit cards.

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Vodafone’s network modernisation plan going very well: CEO https://wwww.dailynewssegypt.com/2019/05/27/vodafones-network-modernisation-plan-going-very-well-ceo/ Mon, 27 May 2019 08:30:41 +0000 https://www.dailynewsegypt.com/?p=699088 British company to continue connecting villages which never had any connectivity

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Vodafone’s network modernisation plan is going very well, according to the British company’ CEO Alexandre Froment-Curtil, who added, “We are upgrading our network for the 4G. We have 85% of the population covered by the 4G which were reached in a year and half and this is extremely quick, so we are very proud of this. We are willing to be the best mobile network in Egypt.”

Vodafone also has other investments in villages in Egypt that have never been connected, he told Daily News Egypt, adding, “Because the high increase of the population, there are some villages that have never had any connectivity. Last year we connected 50 villages.”

Vodafone is very proud of bringing quality connectivity to everybody, he affirmed, noting that his company wants to make sure that nobody is left behind.

In 1998, Vodafone Egypt (Ex Misrfone Telecommunication Company/Click GSM) entered the Egyptian telecom market as the second operator; a consortium between Vodafone international, Air Touch, and local/ international partners. In 1999, Vodafone Group acquired the Air Touch share and in 2002, it acquired International Partner VIVENDI France’s share, according to Vodafone’s official website.

Additionally, in January 2002, Click GSM was rebranded to Vodafone Egypt. Since 2007, Vodafone Egypt’s shareholders structure consisted of Vodafone Group with 54.93%; Telecom Egypt with 44.94% and a minority free float of 0.13%.

The year 2006 witnessed another important step as Vodafone Egypt launched its off-shore operations under the name of Vodafone International Services. This subsidiary is dedicated to outsourcing business processes and IT services for Vodafone operators and beyond. Both its Business Process Outsourcing & Information Technology Outsourcing business units have seen successful year after year with over 2,200 employees who collectively speak 10 different languages to provide world-class customer and technical support for clients in 80 countries.

Moreover, Vodafone Group Plc is one of the world’s leading telecommunications groups, with a significant presence in Europe, the Middle East, Africa, and Asia Pacific through the company’s subsidiary undertakings, joint ventures, associated undertakings and investments, according to the group’s website.

Vodafone Group has entered into arrangements with network operators in countries where the group does not hold an equity stake. Under the terms of these Partner Market Agreements, Vodafone and its partner operators co-operate in the marketing of global products and services with varying levels of brand association, added the website.

This strategy enables Vodafone to implement services in new territories and to create additional value to their partners’ customers and to Vodafone’s travelling customers without the need for equity investment in these countries.

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Huawei sales will not be affected by Google’s suspension of business: MTI https://wwww.dailynewssegypt.com/2019/05/22/huawei-sales-will-not-be-affected-by-googles-suspension-of-business-mti/ Wed, 22 May 2019 10:45:55 +0000 https://www.dailynewsegypt.com/?p=698776 Two scenarios for Huawei crisis: extending deadline, finding new software solutions

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MM Group for Industry and International Trade (MTI) said Huawei phone sales will not be affected due to Google’s decision to suspend business with Huawei.

Ashraf Elghannam, head of investor relations at MTI, said that all the models of Huawei that are currently available in the market and the new models to be launched within the next three months will be excluded from the decision as Huawei is granted a three-month grace period during which it can launch new models without facing any problem, and as for the models to be launched after the three months, they will not be run by Google-supported Android system.

Furthermore, Elghannam stressed that the current models in the Egyptian market were sold, and the ones to be sold over the upcoming period will be operate normally.

Moreover, the head of investor relations at MTI believes that the scenarios the company is likely to expect after the three-month grace period will either be extending the deadline or to have Huawei find solutions for the crisis and build an alternative, safe, and sustainable software environment, hence, suspending its operations with a license from Google, without any damage caused to the company.

US President Donald Trump issued a licence that will allow US companies to keep doing business with Huawei for the next three months until mid-August, noting that it is necessary to give a grace period before new software updates and other commitments in contracts.

MTI said in a statement yesterday that it is confident that Huawei, the second largest producer of mobile phones in the world, will work to find alternative solutions to give users across the world a better experience.

Elghannam added that the company’s sales of Huawei models are limited, so the company will not be affected by the decision’s implications in case Huawei was unable to find satisfying solutions for its customers. The company ruled out any possibility for damages at least in the short term.

He pointed out that his company operates several other businesses, including e-devices, communications, cars, tractors, and more, through partnering with the best international companies, including Samsung, Huawei, Vodafone, Range Rover, Jaguar, Maserati, Bentley, Carrier, and Bosch.

For its part, Huawei said in a statement in response to the decision that it will be providing security updates and after-sale services for all current Huawei and Honor smartphones and tablets, including products that were already sold or ones in stocks across the world.

In addition, Huawei elaborated that it had mainly contributed to the development and growth of the Android system as one of the main Android partners, adding that it has worked closely with the open-source platform with Android to develop the software environment from which users and the sector benefited.

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Safety, trust: 2 main challenges toward autonomous vehicles roll-out https://wwww.dailynewssegypt.com/2019/05/15/safety-trust-2-main-challenges-toward-autonomous-vehicles-roll-out/ Wed, 15 May 2019 08:00:17 +0000 https://www.dailynewsegypt.com/?p=698158 The Future of Autonomous and Urban Mobility project seeks to advance leading-edge thinking and drive adoption of innovative solutions based on autonomous vehicles and their impact on urban mobility.

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Autonomous vehicles (AV) or self-driving cars have the potential to improve road safety, decrease pollution levels, reduce congestion, and transform the design of our cities. The last few years, AV have been the centre of research and studies. However, transitioning to AV involved a disruptive shift that is bound to reshape public and private transportation systems, leaving many players behind if they fail to keep pace with emerging technologies.

The Future of Autonomous and Urban Mobility project seeks to advance leading-edge thinking and drive adoption of innovative solutions based on autonomous vehicles and their impact on urban mobility.

To reach a better understanding about AV, and the main challenges facing the commercial roll-out, Daily News Egypt interviewed Michelle Avary, head of the Autonomous and Urban Mobility for the World Economic Forum’s Centre for the Fourth Industrial Revolution, the transcript for which is below, lightly edited for clarity:

What are the biggest challenges facing the roll-out of AV?

Right now the two main challenges are safety and trust. The technology still needs to mature in order to produce on the promise of safety, or any of the other promises of efficiency and other outcomes, that’s obviously the first one.

The second one which is very closely related is trust. There has been a lot of hype about AV and when it is going to become into reality at scale, and what to expect from it. I believe that we need to be more transparent on what the technology can do, what is it actually going to be like, as well as how much is it really going to cost. We need to start having these discussions so society can decide how they want to adopt these technologies to create the lives they want.

Michelle Avary, head of the Autonomous and Urban Mobility for the World Economic Forum’s Centre for the Fourth Industrial Revolution

How can government regulate the AV industry?

Regulations are essential, and they need to be at the right phase of the technology deployment.

As I mentioned AV technology is in the early days, there are fundamentals that haven’t been completely solved, such as: perception, ability to recognise an object, predict how it is going to behave, and make a decision based on that prediction.

It too early for regulations, however, when you think how you can share safety data, it is good to have the government encourage these activities, as it will be beneficial for both the society and the companies developing the technologies.

When it comes to safety, the questions of accountability rises, who would be accountable for crashes and accidents?

Liability and culpability concerns must be addressed, and there are insurance companies right now which are writing policies for AV.

We are actually taking on a study, looking at the United States, China, Japan, the United Kingdom, and Germany, to find out what has to be changed ahead of commercialisation.

The big question that needs to be solved is how do you assign proportional responsibility, and the automotive industry knows how to do this very well, because they do them now, as they do have various suppliers contributing to the manufacture of the vehicle.

What makes the liability and culpability framework more challenging is the computer code aspect of it, bringing in more consumer protection laws, that historically do not exist around software.

That’s something we in the Centre for the Fourth Industrial Revolution are actively working on helping to define.

What about the ethical dilemmas, such as MIT Media Lab’s design of an experiments about who should a self-driving car prioritise in cases of collisions?

There are a series of mistakes that need to be made before you get to a situation like that, as it is kind of talking about how can we develop telepathy. What you are really asking about, there is a really low tolerance for mistakes by machines, that’s the core of it. We are willing to forgive each other more as humans.

There is a legitimate fear about how do we prosecute a computer code, which ultimately is where the responsible lies. It’s more important to address these questions properly so we can set realistic expectations, other than the trolley question.

When can AV become a commercial reality, what other technologies AV are dependent on such as 5G?

Technically, an AV doesn’t need a wireless connectivity to function, as it has many redundant systems for safety, that do not rely on wireless connectivity.

However, wireless connectivity is very important for a couple of different things, such as the ability to call the car to your location, and downloading maps and other information.

When the 5G really comes in place it is for entertainment, when you are not driving!! So it can happen before 5G.

In terms of infrastructure, you need a good road infrastructure, and assuming all of AV are electrical we will also need charging systems and a grid.

What about data privacy concerns, who will have access to the vehicles trip data etc?

There is a great place for regulators to get involved, and I think each location needs to define what they view is important in data privacy. A lot of the data that the AV will use to operate is not personally identifiable information. It is actually perception and sensory data, and a lot of that data will be used in real-time and discarded.

When it comes to personally identifiable information such as your trips, you have your Uber now which have a lot of information about you. You need to decide if that is ok or is it not, and if it is not you need to work with your government to assure your privacy, it is not only an AV related problem.

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Etisalat is first operator to announce advanced solution Cloud-AIR from Huawei: CTO https://wwww.dailynewssegypt.com/2019/04/23/etisalat-is-first-operator-to-announce-advanced-solution-cloud-air-from-huawei-cto/ Tue, 23 Apr 2019 18:08:31 +0000 https://www.dailynewsegypt.com/?p=696623 Egyptian market is hungry for mobile broadband, says Murshed

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The mobile technology scene has witnessed great developments in the last couple of years and the Egyptian telecommunication market has steadily grown with mobile broadband traffic doubling every two years.

To find out about the industry’s latest news, and Etisalat Misr’s latest plans, Daily News Egypt interviewed the company’s Chief Technology Officer Khalid Murshed.

What is your perspective about the mobile broadband?

In the past few years, we have seen mobile broadband traffic doubling every two years. We expect that this trend will continue for the coming few years. We are very proud that the Egyptian market is hungry for mobile broadband and the Egyptian user is striving for the best service. Etisalat Misr is always aiming to provide the best in class network to cater for the customer expectations. We aimed to be ahead of the curve, and that was what drove us to adopt new technological features and collaborate with the world leading suppliers aiming to guarantee the highest customer satisfaction.              

You mentioned your partners as world leading, we would like to know more about Etisalat suppliers and who are they? And your plans after launching 5G?     

Etisalat has a wide portfolio of partners and suppliers that include the market leaders as Huawei, Ericson, Nokia, ZTE, Cisco, and others. Etisalat counts on its partners to deliver the state of art technologies. We are known to be a technology leading company in providing business solutions and satisfying customer needs. We provide new innovative tailored solutions for different categories and age groups.         

In Egypt, what are the upcoming challenges that we will witness with the existence of new technologies?

Needless to say that we are always working on overcoming all challenges that we face in Egypt such as:

Scarcity of resources in terms of spectrum in Egypt. To clarify, the four operators in Egypt have the spectrum resource of one operator in neighbor countries. This is imposing several challenges while the customers are looking for a distinguished experience.

In addition, to stay ahead of the technology, sites need periodic maintenance. Infrastructure versatility is necessary to address the Egyptian market.

We are always adopting advanced technology in order to resolve business challenges; this is the culture and DNA of Etisalat. We transform every challenge to an opportunity. We were the first operator to announce an advanced solution from Huawei, “Cloud-AIR”, in which we will not need to allocate spectrum to a specific technology. We always come up with solutions to overcome market challenges. Our agility makes a difference.

Based on your expectations from MWC and Huawei booth visit, how do you see Huawei providing a better value to your business in different areas such as 5G, cloud, data centers, future solutions for business clients?

Huawei and Etisalat have been collaborating for many years. Huawei is a reliable partner in providing cutting-edge technologies and a leading supplier to the whole industry because they are always pushing the envelope. They are always challenging the status quo and moving the bar higher than expected. We see new technology from Huawei every quarter and that is in line with our vision, which is providing the state of art technology and best solutions to our customers.        

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Huawei to test 5G network in Cairo during AFCON 2019 https://wwww.dailynewssegypt.com/2019/04/21/huawei-to-test-5g-network-in-cairo-during-afcon-2019/ Sun, 21 Apr 2019 17:41:19 +0000 https://www.dailynewsegypt.com/?p=696445 Huawei Technologies Company is to launch first 5G network services trial in Egypt at the Cairo International Stadium during the period of hosting the 2019 Africa Cup of Nations (AFCON), Minister of Communication and Information Technology, Amr Talaat, said on Sunday. This came on the sidelines of a meeting between Egyptian Prime Minister, Mostafa Madbouly, Huawei’s …

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Huawei Technologies Company is to launch first 5G network services trial in Egypt at the Cairo International Stadium during the period of hosting the 2019 Africa Cup of Nations (AFCON), Minister of Communication and Information Technology, Amr Talaat, said on Sunday.

This came on the sidelines of a meeting between Egyptian Prime Minister, Mostafa Madbouly, Huawei’s vice president Li Jie, the company’s regional director for North Africa, Robinson Cao, and chairperson of Huawei Egypt Vincent Sun.

During the meeting, Madbouly called on Huawei to increase its investments in Egypt, especially in the field of smart city technologies, and other fields which Egypt attaches increasing importance to.


Li Jie stressed the company’s growing interest in the Egyptian market, pointing out Huawei’s keenness to respond flexibly to what the market needs and to contribute as best as possible to the promotion of development in Egypt.

Furthermore, Talaat revealed that Egypt is keen on coordinating with the Chinese company in artificial intelligence (AI), as well as technology transfer, and the 5G network service.

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MERQ receives first financing round for its AI product ‘Sally’ https://wwww.dailynewssegypt.com/2019/04/14/merq-receives-first-financing-round-for-its-ai-product-sally/ Sun, 14 Apr 2019 16:05:06 +0000 https://www.dailynewsegypt.com/?p=695860 MERQ has received the first post-establishment financing round to develop its products, notably ‘Sally’, the first Chatbot through Facebook’s social networking platform to introduce the Egyptian community to all credit card systems within the country. The first financing round was funded by Ahmed Kamal Selim, a financial investor, with a minority stake in the company …

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MERQ has received the first post-establishment financing round to develop its products, notably ‘Sally’, the first Chatbot through Facebook’s social networking platform to introduce the Egyptian community to all credit card systems within the country.

The first financing round was funded by Ahmed Kamal Selim, a financial investor, with a minority stake in the company valued at $800,000.

“We are delighted to have been able to complete our first financing round shortly after the launch of our first product into the market, namely, ‘Sally’. This financing allows us to expand our service offerings within the financial services ecosystem and supports our expansion plans in the country,” said Walid Ghalwash, founder and CEO of MERQ.

Ghalwash added that they are targeting with their investor another round of financing during the third quarter of 2019 to launch two new products within the framework of financial services that support the state’s vision for financial inclusion.

Sally @SallyCreditCard provides users with comprehensive information when deciding on different credit cards available across various banks through its Artificial Intelligence (AI) Chatbot offered through Facebook messenger.

Selim said that the investment in MERQ comes from his personal interest in AI and financial inclusion that is set in the state’s priorities to keep abreast of the global digital economy.

He explained that he views MERQ as an attractive business model which meets the needs of users interested in a range of financial services and queries starting off with credit card services.

Furthermore, Selim has over two decades of experience in the financial and industrial sector, which extends widely to retail, corporate, investment banking, research, brokerage, and restructuring services at domestic and multinational corporations.

Selim currently sits as an executive member of Arafa Investment and Consultancy (Arafa Holding), a non-executive board member of The Bird Group in the United Kingdom, and a non-executive board member of the Foral Group in Italy. Previously, he was the CEO and board member of Drive Finance: a pioneer in the field of financing and car sales in Egypt.

Sally has received international attention and support due to the belief in the need for financial inclusion and financial literacy. The product has received technical support from IBM Global to contribute providing and improving resources and tools to offer services with an international standard quality of service.

The company, founded by Ghalwash, aims to cover various topics of financial literacy in banking and non-banking services, delivering true financial inclusion by assisting the Egyptian public in making financial decisions by raising their awareness of the banking and financial sectors in view of the state’s strategy to support AI.

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CIT discusses draft law to combat cybercrimes https://wwww.dailynewssegypt.com/2019/03/17/cit-discusses-draft-law-to-combat-cybercrimes/ https://wwww.dailynewssegypt.com/2019/03/17/cit-discusses-draft-law-to-combat-cybercrimes/#respond Sun, 17 Mar 2019 16:46:02 +0000 https://www.dailynewsegypt.com/?p=693142 The Chamber of Information Technology and Telecommunications (CIT) held a session to discuss the executive draft law to combat cybercrimes. The session was held in the presence of members of the data and information security workgroup at the chamber, and a group of software and smart applications developers, in addition to members of the board …

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The Chamber of Information Technology and Telecommunications (CIT) held a session to discuss the executive draft law to combat cybercrimes. The session was held in the presence of members of the data and information security workgroup at the chamber, and a group of software and smart applications developers, in addition to members of the board of directors of the chamber, and representatives of the Central Bank of Egypt, the ministry of electricity, and the Egyptian Computer Emergency Readiness Team (EG-CERT).

“The bylaw with all its details came as very encouraging to the sector of investment. It keeps up with the developments in technology in a way that ensures the rights of both companies and users are preserved,” said Mohamed Hegazy, head of the legislations and laws committee and the ministry of information technology and telecommunications during the presentation for the draft laws.

“We have felt the satisfaction of companies and government representatives with the draft law, which would achieve major guarantees for citizens and increase cyber security in the business sector and the various government bodies, all of which would help achieve the state’s strategic vision to create a safe digital country,” said Waleed Gad, the chairperson of the CIT. He added that the draft law includes regulations, legal provisions, and items which will create procedural controls contributing toward justice and encouraging investments in the IT sector.

Noteworthy, the bylaw has addressed many details, measures, and standards in line with the best known international practices. It also allows for dealing with and maintaining digital evidence to prove the involved party’s argument and protect citizens from cybercrimes.

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Samsung launches Galaxy S10, new additions to A Series in Egypt https://wwww.dailynewssegypt.com/2019/03/15/samsung-launches-galaxy-s10-new-additions-to-a-series-in-egypt/ https://wwww.dailynewssegypt.com/2019/03/15/samsung-launches-galaxy-s10-new-additions-to-a-series-in-egypt/#respond Fri, 15 Mar 2019 21:30:35 +0000 https://www.dailynewsegypt.com/?p=692944 Samsung Electronics celebrated a decade of Galaxy S series innovations by presenting the latest premium smartphone: Galaxy S10, according to a press statement on Wednesday. Precisely engineered to deliver next generation experiences across display, camera and performance categories, the Galaxy S10 range is designed for consumers who seek a premium smartphone that takes the mobile experience …

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Samsung Electronics celebrated a decade of Galaxy S series innovations by presenting the latest premium smartphone: Galaxy S10, according to a press statement on Wednesday.

Precisely engineered to deliver next generation experiences across display, camera and performance categories, the Galaxy S10 range is designed for consumers who seek a premium smartphone that takes the mobile experience toward an all-new level.

Additionally, the launch ceremony witnessed the premier reveal of the new Galaxy A Series additions from the mid-tier portfolio, for the first time in Egypt, featuring the Galaxy A50 and A30 which offer an immersive viewing experience, longer lasting performance, and a camera which captures replica-to-reality photos.

 “With past iterations of the Galaxy S series, we have set new standards for mobile innovation. With the Galaxy S10, we have gone a step further, revolutionising the premium device category to meet the distinctive needs of today’s smartphone market,” said Jaehwan Lee, the managing director of Samsung Electronics Egypt. He added, “A decade committed to creating industry-defining Galaxy devices has led to the proliferation of the Galaxy S10, and we are certain this stunning device will give our customers exactly what they are looking for and the ability to get more out of life like never before.”

Hesham Abo Zeina, head of Hand Held Products at Samsung Electronics Egypt, stated, “The newly launched device raises the bar higher to take display, camera and performance specs to the next level which caters for the needs of the Egyptian consumers with a rising percentage of youth. With the Galaxy S10e, these premium features are packed into a more compact package to include everyone in the state-of-the-art Galaxy S10 innovation.”

Abo Zeina added that the Egyptian market is one of the main markets for Samsung with a great interest in keeping up with all what is new in the world of technology. He pointed out, “With the increasing needs of this market, we try harder to deliver the latest technologies to the market, tailored with care to reflect the diverse needs of different segments of customers. Delivering beyond expectations, the smart phone is developed by Samsung to become a facilitator of life and an indispensable tool, and not just an accessory.”

Moreover, Abu Zeina noted that the launch of the new A series devices, along with the flagship S10, reflect a balanced philosophy for Samsung in Egypt, aimed at diversifying the products it offers in the market to satisfy the largest number of customers.

He explained, “The A Series brings together the competitive price and high-end features that give users the ultimate experience of the best price, because our goal is to make the latest technology accessible to everyone.”

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