Mohamed Alaa El-Din

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Latest by Mohamed Alaa El-Din

Linatel in negotiations to build Telecom Egypt’s mobile network

Hamdy El-Leithy, CEO of Linatel Telecommunications, said his company is in negotiations to participate in setting up Telecom Egypt’s infrastructure for its mobile network. El-Leithy said that the company has been in negotiations with Telecom Egypt’s officials since last year, adding that the company seeks to resume the discussions within the coming days. Revenues from …

Mohamed Alaa El-Din

The Arab Contractors Federation, in conjunction with the French company Feense, is set to construct the new line’s civilian facilities (Photo: Courtesy of Facebook Fan Page)

Taisei Corporation and Orascom Construction to implement fourth metro line

The National Authority for Tunnels (NAT) has accepted the technical offer made by the consortium “Taisei Corporation – Orascom Construction”. According to a document from the NAT, the technical inspection committee has decided to accept the financial offer made in the tender by the aforementioned consortium to carry out the construction works of the first …

Mohamed Alaa El-Din

NTRA considering tendering new frequency bands for 4 mobile operators

Acting Executive President of the National Telecommunications Regulatory Authority (NTRA) Mustafa Abdul Wahid said that the authority is considering ways to offer new frequency bands to mobile operators after the concerned authorities allocate them. He added that the price and conditions of the new frequencies will be determined according to the available frequency and type …

Mohamed Alaa El-Din

Top reasons startups fail

Entrepreneurship is one of the leading industries in the international market and the Egyptian market in particular, but a large percentage of startup companies fall before they reach advanced stages of growth. According to some international reports, only 10% of emerging companies succeed. CB Insights says that the main reasons why startups fail is poor …

Mohamed Alaa El-Din

Fawry gets $20m from foreign investment fund

Ashraf Sabry, CEO of Fawry electronic payment company, disclosed that his company has received an investment of $20m from a foreign investment fund. Currently, the company is working to expand and develop the services it provides to consumers. Fawry annually invests EGP 30-40m to develop its technological infrastructure and increase the number of points offering …

Mohamed Alaa El-Din