Egyptian Telecom Providers Set for Second Tariff Hike in 2024 Amid Rising Costs

Telecom companies in Egypt are preparing for another round of tariff increases after the National Telecom Regulatory Authority (NTRA) granted preliminary approval for price hikes. This decision comes in response to rising operational costs, fueled by inflation, surging energy prices, and a 70% increase in import expenses. Providers such as Vodafone, Orange, Etisalat, and WE […]
Voice-Activated Bank App, Smart PoS, and AI Lending Platform Secure $9,500 at Payaza Hackathon 3.0

A voice-activated banking app, an advanced PoS system, and an AI-driven lending platform emerged as winners at the Payaza Hackathon 3.0, collectively securing $9,500 in prizes. The event, held from November 20–21, 2024, was themed AI-powered financial inclusion for MSMEs. Seven teams competed, each presenting AI-enabled fintech solutions aimed at helping small and medium enterprises […]