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The Administrative Capital for Urban Development Signs  an Agreement of $135 million with Orange Egypt to Build and Operate Its Data Center and Cloud Computing Platform

The data center is an infrastructure milestone to establish the concept of the “smart capital” and is considered to be one of the key technological hubs in Egypt and the African continent. Orange Egypt has been awarded to build and operate the data center according to the latest international standards based on the company’s international expertise in providing innovative technologies and solutions in cooperation with key international players operating in the ICT sector.

Daily News Egypt

Beltone expects interest cuts by 300 basis points in 2020

In a research article, Beltone expected the Central Bank of Egypt (CBE) to continue monetary easing through interest rate reductions by about 300 basis points in 2020. The article also predicts that the CBE will keep interest rates unchanged after the next Monetary Policy Committee (MPC) meeting scheduled for 16 January. This will be in …

Daily News Egypt