Latest news with #DailyNewsEgypt
Daily News Egypt
10-06-2025
- Science
- Daily News Egypt
Laboratorium: Russian scientists develop material for early-stage fire suppression
Laboratorium – Russian scientists have developed a material designed for autonomous fire suppression at an early stage in devices such as mobile phones, laptops and electric vehicles. The material is intended to help protect a range of electronics and household items, including sockets and extension cords. According to a report on the development, the scientists faced difficulties during the creation of the material. The composition of the material and details of the development process were outlined in a recent episode of the programme Laboratorium, featured on Daily News Egypt.
Daily News Egypt
10-06-2025
- Business
- Daily News Egypt
Egypt poised to lead regional 5G expansion, eyes additional spectrum, SME inclusion: Ericsson
Egypt is making significant progress towards a nationwide 5G rollout, but must accelerate spectrum allocation and foster adoption among small and medium-sized enterprises (SMEs) to fully realise the technology's potential, according to Iwan Stella, Vice President and Head of Commercial Management & Strategy at Ericsson for Europe, the Middle East and Africa. In an interview with Daily News Egypt, Stella welcomed Egypt's recent 5G licensing and network trials as 'important steps,' noting that modernisation initiatives and shared infrastructure are establishing a strong foundation. However, he emphasised the urgent need for more mid- and low-band spectrum to ensure reliable indoor coverage and scalable fixed wireless access (FWA) to meet both urban and industrial demand. 'Operators will only be able to deliver the low-latency connections required by Egypt's expanding industrial sector once sufficient spectrum is made available,' he said, stressing the importance of aligning with Egypt Vision 2030 through a phased rollout that balances cost efficiency with measurable milestones. While Egypt's digital infrastructure—including backhaul fibre networks and upgraded power systems—is largely 5G-ready, Stella noted that clear timelines for additional spectrum, particularly in contiguous mid-band ranges, will be critical for operators to complete network planning and accelerate deployment. He pointed to 'try-and-buy' initiatives and software-as-a-service (SaaS) models as practical methods to encourage 5G adoption among SMEs. 'Tiered service offerings—from basic connectivity for micro-enterprises to assured low-latency connections for advanced manufacturers—allow smaller businesses to scale services according to their needs,' Stella explained. Ericsson views Egypt's strong digital maturity and regulatory momentum as key differentiators in the region. Its strategy includes dual-band deployment—low-band for broad national coverage and mid-band for high-demand areas—combined with AI-powered network optimisation managed from Ericsson's Cairo-based Analytics Hub. To ensure a sustainable rollout, Stella called for transparent spectrum planning, robust cybersecurity frameworks, and incentives to encourage the adoption of energy-efficient network technologies—aligning both commercial goals and environmental responsibilities. With Egypt gaining international recognition for its broadband advancements, Stella urged policymakers to support the migration of legacy 2G, 3G, and 4G users to 5G-enabled devices. 'The quicker people and industries adopt 5G terminals—including FWA—the faster the return on investment. Once users experience high-performing 5G, they won't want to go back.' Despite cost sensitivity among SMEs, Stella believes innovations such as network slicing and edge services offer a practical bridge to private 5G capabilities without requiring heavy upfront investment. 'Egypt has all the ingredients to become a regional hub for 5G innovation,' he said. 'Ambitious infrastructure projects, a tech-savvy workforce, and a stable, secure spectrum policy can attract international R&D, cloud providers, and IoT manufacturers.'
Daily News Egypt
01-06-2025
- Business
- Daily News Egypt
Haleon captures over 20% market share in Egypt, locally manufactures 90% of product portfolio
Haleon, the global consumer health leader, has reinforced its footprint in Egypt following its demerger from GSK in July 2022. The company now holds over 20% of Egypt's consumer health market and manufactures approximately 90% of its flagship brands locally, according to Asif Alavi, General Manager for North Africa at Haleon. Speaking to Daily News Egypt, Alavi said that local production covers trusted household names such as Sensodyne, Parodontax, Panadol, Otrivin, and Voltaren Emulgel, underscoring Haleon's commitment to supply chain resilience and economic contribution through technology transfer and export capabilities. Egypt serves as a key regional base for exports to the Maghreb, Gulf countries, and Saudi Arabia. Alavi emphasized that local manufacturing has helped shield the company from global economic volatility, including inflation, currency fluctuations, and supply chain disruptions. 'Our strategy has significantly minimized exposure to global shocks, enabling us to maintain stability and accessibility in the Egyptian market,' he noted. Globally, Haleon is advancing its innovation pipeline, including a £130m investment in a new Global Oral Health Innovation Centre in Weybridge, UK, slated to open in 2027. The facility will support Haleon's category leadership in oral health and accelerate R&D for key brands like Sensodyne, which Alavi described as resilient due to its therapeutic value and strong dentist recommendations—even during economic downturns. Recognizing the price sensitivity in emerging markets, Haleon has adopted a multi-format, tiered pricing strategy to ensure broad accessibility. The company also champions self-care as a cornerstone of sustainable healthcare. Alavi cited research by the Global Self-Care Federation, which estimates self-care interventions have already delivered $119bn in global healthcare cost savings and $1.9trn in welfare gains—figures projected to rise to $179bn and $2.8trn, respectively. Looking ahead, Alavi reaffirmed Haleon's long-term vision in Egypt: 'We are committed to being a core contributor to the Egyptian healthcare ecosystem—by making everyday health more accessible, inclusive, and sustainable.'
Daily News Egypt
21-05-2025
- Business
- Daily News Egypt
Egypt's Al-Sisi discusses economic indicators, forex reserves with PM, CBE Governor
Egypt's President Abdel Fattah Al-Sisi met with Prime Minister Mostafa Madbouly and Central Bank Governor Hassan Abdalla on Tuesday to review key economic indicators. According to a presidential spokesperson, the meeting addressed macroeconomic trends, government initiatives to bolster the banking sector, and strategies for strengthening the nation's foreign exchange reserves. Discussions also covered ensuring the continued availability of sufficient foreign currency and ongoing efforts to reduce inflation. Ambassador Mohamed El-Shennawy, the presidential spokesperson, elaborated that the meeting also examined various aspects of the Egyptian economy's performance. This included government efforts to ensure the successful and effective implementation of the economic development programme, insulating it from current regional and international challenges. Additionally, the talks focused on enhancing incentives to capitalise on available economic opportunities and empowering the private sector to drive economic growth, thereby attracting further investment inflows. The spokesperson added that President Al-Sisi directed officials to continue intensive efforts to create a conducive environment for attracting more foreign investment and empowering the private sector. This involves developing an appropriate legislative and regulatory framework and launching incentive initiatives, all while maintaining the improvements observed in macroeconomic indicators to ensure the effective execution of development programmes. Data from the Central Bank of Egypt revealed that foreign exchange reserves climbed to $48.144bn by the end of April from $47.757bn at the end of March. According to calculations by Daily News Egypt, the levels recorded at the end of April are the highest in decades. Egypt's foreign exchange reserves are composed of the state's gold reserves, revenues from the Suez Canal, proceeds from Egyptian exports, and remittances from Egyptians working abroad. The reserves had previously risen in March 2025 to $47.757bn, up from $47.394bn at the end of February.
Zawya
06-05-2025
- Business
- Zawya
Egypt, Jordan explore joint projects in water, food, and energy sectors
On the sidelines of the seventh Arab Water Week in Amman, Egypt's Minister of Water Resources and Irrigation, Hani Sewilam, met with Prince El Hassan bin Talal of Jordan to discuss enhanced bilateral cooperation in the water and natural resources sectors. The meeting was also attended by Egypt's Ambassador to Jordan, Mohamed Samir, and Marwan Al-Raggad, President of the Islamic Network on Water Resources Development and Management. Talks centered on strengthening collaboration between Egypt's Ministry of Water Resources and Irrigation and Jordan's Ministry of Water and Irrigation, with a particular focus on joint initiatives under the 'Water-Energy-Food-Ecosystems Nexus' (WEFE NEXUS) framework. Opportunities for cooperation through the Islamic Network on Water Resources Development and Management were also discussed. Minister Sewilam highlighted the critical role of desalination in enabling large-scale food production, noting that its viability depends on significantly lowering energy costs. He announced that Egypt, Jordan, and Saudi Arabia are currently preparing a regional initiative to exchange expertise in desalination technologies to support sustainable agricultural expansion. The discussion also covered Egypt's flagship agricultural wastewater treatment projects—including the New Delta, Bahr El-Baqar, and Al-Mahsama plants—which are expected to contribute around 5 billion cubic meters of treated water annually by 2026. Both sides explored possibilities for knowledge exchange in wastewater reuse and treatment. Additionally, the two parties emphasized the importance of subsurface drainage systems, which have proven to improve crop yield and quality. They also stressed the need for joint scientific research on developing salt- and drought-tolerant crop varieties as part of a wider climate adaptation strategy. The conversation highlighted the urgency of implementing tangible projects to adapt to climate change, referencing Egypt's ongoing coastal protection efforts along the Mediterranean as a model. Participants called on industrialized countries—responsible for the bulk of global greenhouse gas emissions—to provide climate financing to Arab countries in the form of grants rather than loans, acknowledging the region's minimal contribution to global emissions. The meeting concluded with a shared call to deepen Arab cooperation through knowledge-sharing, the dissemination of climate adaptation success stories, and the wider adoption of nature-based solutions in future water infrastructure projects. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. ( Daily News Egypt
