رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

eFinance enhances its Pure Storage offering to Deliver Advanced Data Storage Solutions

eFinance enhances its Pure Storage offering to Deliver Advanced Data Storage Solutions, Including Next-Gen STaaS

,eFinance, a technology Service Provider company within the eFinance Investment Group

,has expanded its strategic partnership with Pure Storage

.the IT pioneer that delivers the world’s most advanced data storage technology and services

This landmark collaboration will enhance eFinance’s data storage

and management offerings for Kubernetes-based applications

.and support customer cloud adoption even further in the Egyptian market

,Through this expanded strategic partnership

eFinance’s cloud computing division will offer a comprehensive portfolio to customers

:eFinance’s cloud computing division will offer a comprehensive portfolio to customers

,enhanced data protection, backup and recovery, auto-scaling capabilities, multi-cloud flexibility

,and support to unify container data for containerized applications

.tailored to meet the needs of modern applications

The increased collaboration will also strengthen eFinance’s position

,as a leading provider of Infrastructure as a Service (IaaS), Platform as a Service (PaaS)

.and Data as a Service (DaaS) offerings across multi-cloud environments

.They are able to offer solutions to bolster data security and business continuity across all cloud platforms

This strategic alliance marks a major step in eFinance Cloud’s mission to deliver cutting-edge cloud solutions

.that address the growing demands of its clients which include cloud adoption and containerization

,Ibrahim Sarhan, Chairman and Managing Director of eFinance Investment Group

emphasized the group’s commitment to modern and cutting-edge storage solutions

.and consumption models, backed up Service Level Agreements

He pointed out that the solutions and services provided are designed

,for large-scale institutions in both the public and private sectors

.with a focus on the sensitivity and importance of the data being stored

He further noted that the group is dedicated to integrating its various companies

,and services to provide the best technological solutions

.contributing to Egypt’s competitive digital transformation

,This aligns with the group’s vision to introduce the latest global technologies

.ensuring Egypt’s digital landscape matches the world’s leading countries in digital innovation

:Omar Akar, VP Emerging, Pure Storage commented

.We’re thrilled to partner with eFinance to introduce Portworx by Pure Storage to the Egyptian market”

This collaboration empowers eFinance to provide its customers with advanced capabilities to automate, protect,

.and unify container data for Kubernetes applications in any location

.”The increased offering bolsters their opportunities and will further delight customers

Milestone Developments contracts with ACE MoharramBakhoum

Milestone Developments contracts with ACE Moharram Bakhoum to enhance The CORD Business Complex’s competitive edge

Milestone Developments Teams Up with ACE Moharram Bakhoum for structural

and electromechanical designs of The CORD Business Complex

Milestone Developments forms strategic partnership with ACE Moharram.Bakhoum

to handle designs for The CORD Business Complex

Milestone Developments has announced a partnership with ACE Moharram.Bakhoum

.(headed by Prof. Mourad Michel Bakhoum)

The firm will serve as the consultant for structural

.and electromechanical designs of the flagship project, The CORD Business Complex

This collaboration is part of Milestone Developments’ strategy to enlist top-tier professionals and

entities with extensive track records in various fields to ensure the project is executed to the highest

.standards of efficiency and quality

The agreement was signed by Mr. Mohamed Fathy, CEO of Milestone Developments

,The agreement was signed by Mr. Mohamed Fathy, CEO of Milestone Developments

,and Prof. Mourad Michel Bakhoum, Vice Chairman of the ACE Moharram.Bakhoum

.in the presence of senior officials from both companies

Commenting on the partnership, Mr. Mohamed Fathy stated that this agreement

is a continuation of a series of collaborations with strong success partners

.for The CORD Business Complex, further enhancing the project’s investment value

,Fathy remarked, “Excellence begins with selecting exceptional success partners with proven expertise

which is why we chose to collaborate with ACE Moharram-Bakhoum. As one of the most respected

,and renowned engineering consultancy firms in the real estate sector

.their involvement marks a significant milestone for our project

Milestone Developments remains committed to partnering

with leading consultants across all disciplines to ensure

The CORD Business Complex achieves the highest standards

.”and solidifies its position in the market

He noted that the partnership with ACE Moharram-Bakhoum encompasses the development of

,structural designs alongside electromechanical designs

.including electrical systems, mechanical works, fire protection, and drainage systems

These critical components play a key role in enhancing the project’s quality and elevating it to a superior level.

He noted that a previous agreement had been signed with Raef Fahmi Architects to handle the project’s

,designs, as well as with Kerdany Advisory & Development (KAD), which provides a range of services

,including preparing the finishing and operating manuals for tenants, managing commercial centers

.and supervising service providers

He disclosed that these partnerships with prominent names enhance

the company’s ability to deliver a standout project that elevates

.the efficiency of the entire area where it is located

,The project will serve as a landmark and a significant point of reference in West Cairo

.bringing together top-tier companies across various fields

He elaborated that The CORD Business Complex spans over 5 feddans in a prime location overlooking

the 26th of July Corridor, adjacent to Dolphin Mall, and just five minutes away from Mall of Arabia and

Sheikh Zayed City. The company prioritizes selecting strategic

,and dynamic locations for its projects to ensure high occupancy rates and

.consequently, the highest return on investment for its clients

,Prof. Mourad Michel Bakhoum, Vice Chairman of ACE Moharram–Bakhoum

.expressed his pride in collaborating with Milestone Developments on this distinguished project

,He stated, “We are proud to partner with Milestone Developments on this exceptional project

and we promise to deliver the best engineering solutions to ensure the company’s vision of creating a

.”pioneering project that meets the highest standards of quality and efficiency

He stated that his company is highly selective when it comes to the real estate entities it partners with

.and the projects it associates its name with, following a strict set of criteria

,These criteria must be met by both the developer and the project

.all of which are thoroughly satisfied by Milestone Developments and The CORD Business Complex

Milestone Developments was founded by Sheikh Zoaar Bin Ayed Al Ajmi

,and Sheikh Mohammed Zoaar Al Ajmi, who is also a member of the Egyptian-Saudi Business Council

.along with Mr. Nagy Ismail, Vice Chairman

The company operates under the umbrella of Areej Al-Khaleej Group in Saudi Arabia and is entirely Saudi-owned.

,It has been a major player in the Saudi market since 1979 through its subsidiaries

,including Al Multaqa Real Estate company and Areej Al-Khaleej car rental company

,which has 90 branches across the Kingdom

.in addition to Mohamed Bin Zoaar Showrooms in Riyadh and other companies in various fields

Raya Holding Reports Record-Breaking 3Q 2024 Results

Raya Holding Reports Record-Breaking 3Q 2024 Results

Raya Holding for Financial Investments announced its consolidated

.and standalone financial results for the third quarter ending September 30, 2024

The results highlight the company’s remarkable financial performance

.and growth despite challenging economic conditions, showcasing its resilience and strategic vision

Raya Holding records a increase in group revenues on an annual basis

,Raya Holding reported a 42.4% year-on-year increase in group revenues

.reaching EGP 32.3 billion in the first nine months of 2024

,This growth was driven by strategic initiatives aimed at enhancing foreign currency revenues

,which constituted 30% of total turnover. Additionally, gross profit rose to EGP 6.8 billion

,representing a healthy year-on-year growth of 52.6%

.with the gross profit margin improving by 1.4 points to reach 21.1%

,EBITDA (Earnings Before Interest, Taxes, Depreciation

,and Amortization) increased by 67.1% year-on-year to EGP 3.7 billion

.with the EBITDA margin improving by 1.7 points to reach 11.5%

,Net income before minority interests grew 161% year-on-year to EGP 1.3 billion

.reflecting a significant increase in the net profit margin to 4%, up 1.8 points

,During the third quarter of 2024, Raya Holding achieved record-breaking results

.with revenues reaching EGP 12.2 billion, marking a 49.6% increase compared to 3Q 2023

,Gross profit for the quarter amounted to EGP 2.5 billion, up 63.4% year-on-year

.with a gross profit margin of 20.3%, reflecting an improvement of 1.7 points

,EBITDA for 3Q 2024 grew by 80.6% year-on-year to EGP 1.3 billion, with an EBITDA margin of 10.9%

,up 1.9 points. Net income before minority interests reached EGP 514 million

.representing a 270% year-on-year increase, with a net profit margin of 4.2%, up 2.5 points

.The results also highlighted the outstanding performance of Raya Holding’s big 4 portfolio companies

,Raya Trade contributed EGP 13 billion, achieving a 34% year-on-year growth

,while Raya Information Technology recorded EGP 7.5 billion

.reflecting a 58% growth compared to the previous year

,Aman Holding generated EGP 4.3 billion, a 35% year-on-year increase

.and Raya Customer Experience achieved revenues of EGP 1.9 billion, marking a 38% growth

,Raya Holding’s strong financial performance reflects its commitment to operational efficiency

.innovation, and expanding its presence across high-growth sectors

,Despite challenging economic conditions

the company continues to leverage its diversified portfolio to deliver sustained growth and create value for shareholders.

Miskan” signs MOU with Wadi Degla Developments”

on the sidelines of Cityscape Global 2024

Miskan signs MOU with Wadi Degla Developments to introduce new concept in residential community development in Saudi Arabia

Riyadh, Saudi Arabia – Miskan Real Estate Company has signed a strategic MOU with Wadi Degla

,Developments during the region’s leading real estate event, Cityscape Global 2024

.to increase investments in the Kingdom of Saudi Arabia

This agreement aims to enhance ambitious investment plans in local Saudi markets

.by offering innovative housing solutions that meet the expectations of the Kingdom’s residents

It also reflects Wadi Degla’s commitment to expansion

and growth in line with its global strategic plan to boost investment and strengthen its presence in regional markets.

The agreement aims to replicate Wadi Degla’s leading experience in developing residential communities

,represented in the “gated communities” concept such as the renowned “CLUB TOWN” model

.which integrates residential units with sports clubs and recreational facilities

This model leverages the resources of Wadi Degla Holding’s sports clubs without affecting the project area,

.enhancing efficiency and improving the quality of services provided to all community residents

Wadi Degla Developments Company provides innovative residential units

This initiative underscores Wadi Degla Developments’ dedication to delivering innovative residential

.solutions that align with societal expectations and contribute to improving quality of life

,By creating safe and comfortable environments for families

,the company provides residential units with private entrances connected to the sports club

.enhancing the recreational and residential experience

This model also increases parents’ sense of security for their children while offering comprehensive

.support for all family members

,Talal Hisham Al-Mutlaq, CEO of Miskan Real Estate Company

:the real estate development arm of Alfanar Group, commented

,We at Miskan are proud and excited to partner with Wadi Degla Developments”

one of the leading companies in developing facilities for residential complexes thanks

.to its innovation and expertise in meeting customer needs

,This collaboration aligns with Saudi Arabia’s ambitious investment plans

.which aim to drive economic growth and develop infrastructure to meet rising demand

.”The partnership also plays into and aligns with Saudi Arabia’s vision 2030

The ‘CLUB TOWN’ project represents a strategic step toward achieving these objectives by providing”

,an integrated residential environment that combines luxury and safety

.thereby enhancing the quality of life for residents

We are excited to partner with Wadi Degla Developments to achieve our shared goals and deliver a

.unique residential experience to the Saudi community”, added Al-Mutlaq

,Dr. Raymond Ahdy, CEO of Wadi Degla Developments, highlighted the significance of this partnership

.describing it as the culmination of extensive research and market analysis in the region

,This cooperation aligns with Wadi Degla’s efforts to expand into international markets”

,particularly in the Gulf, with a focus on the Saudi market

.which is experiencing a significant real estate and construction boom under Saudi Vision 2030

,The “CLUB TOWN” project, currently being implemented in Cairo’s Maadi district

.will be adapted for various locations in Saudi Arabia

Meanwhile, Wadi Degla Developments is also preparing to replicate this successful model across

.”Egyptian governorates where Wadi Degla Sports Clubs are located

Dr. Ahdy further shared that Wadi Degla Developments is currently identifying optimal geographical locations,

.designing the project, evaluating investment costs, and formulating comprehensive work plans

,The findings of these studies will be announced soon”

.ensuring the project meets the highest quality standards and effectively addresses customer needs

We look forward to delivering a distinctive residential experience to residents of the Kingdom through “.this collaboration

The Capital Egypt Expo 7th to kick off with the participation of 50 real estate developers with a portfolio of 150 diverse projects

The Capital Egypt Expo 7th to kick off with the participation of 50 real estate developers

with a portfolio of 150 diverse projects

Diarna Real Estate Marketing announces the launching of the 7th edition of The Capital Egupt Expo on 22 and 23 November

The Capital Egypt Expo 7th to kick off

Diarna Real Estate Marketing Company, announced the launching of the seventh edition of

,The Capital Egypt Expo” on 22 and 23 November, at Tulip El Narges Hotel in the Fifth Settlement”

where the exhibition includes 50 of the leading real estate development companies displaying a diverse

.portfolio of 150 distinctive projects with strong offers during the exhibition days

For his part, Ahmed El Menshawy, Diarna Chairman, assured that the ideal timing

,and location were chosen for the launching of the exhibition’s activities, as we are on the end of 2024

which makes buying now an opportunity for the client before any new price increase at the beginning of the new year

,besides the exhibition’s location is in the heart of New Cairo

.which makes it easy for clients to reach it from anywhere

,He added that the exhibition will include a diverse group of major real estate development companies

which provides clients with various options wishing to seize distinctive

,and unrepeatable investment opportunities

,as companies will present distinctive offers to clients during the two days of the exhibition

in addition to commercial, administrative, medical, hotel, industrial

.and residential projects which will be displayed at the exhibition

,He pointed that Diarna Real Estate Marketing Company

,keens on including the exhibition projects in all districts that are targeted by clients to buy in

,such as the North Coast, the New Administrative Capital, October, Sheikh Zayed

Shorouk and the Red Sea, which provides clients with multiple options in one place

.and thus facilitates comparison and selection

He assured that Diarna’s keenness to select serious companies

,with a strong track record to be present at the exhibition

which comes among the company’s responsibility to present real estate developers

who enjoy the client’s trust and are committed to implementation

,and delivery with the highest quality standards

.expecting an increase in the volume of turnout at the exhibition time

Abdel Rahman Essam: AE Media production a strategic success partner for KANDEEL DEVELOPMENTS

Abdel Rahman Essam, AE Media production CEO, announced that his company succeded in cooperating with KANDEEL DEVELOPMENTS to become a major success partner in changing the company’s new advertising identity, pointing that AE Media production prepared all the media and documentary advertising materials in that journey.

He added: “We are happy at AE Media with this partnership in this transitional phase of KANDEEL DEVELOPMENTS, as we have a special relationship with them and during our journey we participate with them in launching their latest projects in New Cairo, as this cooperation adds to our portofolio and strong experience in Cairo, and adds a new success partner for us which enhances our leading position in the field of producing promotional media and advertising materials”.

He pointed that innovation is the secret behind his company’s success, as it managed to apply all the requirements of each real estate company in the best way, and at the same time each real estate developer has been dealt individually as if he is the only client of the company, to provide unprecedented work, whether within the rest of the company’s clients or between the client and his competing companies, and these factors achieved a leading position for the company in record time.

He added that working with KANDEEL DEVELOPMENTS statred 6 months ago with continuous effort and ongoing meetings to understand their needs and provide them with what tbey needed in the best quality on time, and also to share ideas that will help them in this transitional phase, as it is expected during the coming period, to launch officially the first KANDEEL DEVELOPMENTS projects, after changing its brand, which will be the outcome of everything that has been worked on throughout the 6 months.

He showed that the documentary and advertising works of KANDEEL DEVELOPMENTS will be different from what AE Media production has presented for projects in East Cairo before, as the company continues to develop its performance and the various services it provides to clients, pointing that AE Media production, is working within the best global expertise in the field of promotional and documentary films for companies, in addition to using the latest advanced technological equipment to ensure the projects success and deliver them to clients in innovative and unique display methods that achieve the visual and advertising vision.

Ziad Kandel, CEO of KANDEEL DEVELOPMENTS, said “We are pleased to cooperate with AE Media production at an important stage in our company’s history, which exerted a strong and diverse effort to reach the current image of the company, which encourages us to continue cooperation with it during the coming period seeking further successes for the company.”

He pointed that the convergence of ideas and visions facilitates cooperation between both companies, as what his company thought about and envisioned, AE Media production succeeded in transforming into visual works through which the message required by KANDEEL DEVELOPMENTS is conveyed to clients and to the real estate market.

KANDEEL DEVELOPMENTS recently announced a change in its brand from “Kandeel Group”, and announced its plan to launch its first projects after changing the brand and visual identity, and AE Media production was part of the work journey to reach these results announced by KANDEEL DEVELOPMENTS.

Engineers and Doctors Sub-Syndicates in Assiut launch ELITE RESIDENCE project for their members

Engineers and Doctors Sub-Syndicates in Assiut, announced launching ELITE RESIDENCE project in partnership for members of both syndicates, which is an integrated residential project located on an area of ​​18.4 acres in New Nasser City – West Assiut “Al Hadaba City”, where the Engineers’ Syndicate owns the land, and the Doctors’ Syndicate in Assiut will participate in developing the project.

For his part, Eng. Al Haitham Abdel Hamid Nasr, Head of Engineers’ Syndicate in Assiut, assured the importance of the partnership between the Engineers’ and Doctors’ Syndicates in Assiut as evidence of fruitful cooperation between the various professions to promote the members interests, and this partnership may contribute to open the way for other joint projects in the future.

He added that the Syndicate is not only supportive to the professional field, but also committed to improve the quality of social life for its members, so adding this project comes as part of a series of previous initiatives that the Syndicate has implemented for its members.

He pointed that the implementation of this project comes among a plan of both syndicates to provide distinguished services to their members, as the project is implemented under a partnership between both syndicates, as the two syndicates provide high quality and comfortable housing units, aiming to provide the best services to the members of the both syndicates.

Eng. Amr Ibrahim El Haddad, the project’s general supervisor and Head of the Housing Committee of the Engineers Syndicate in Assiut, added that the new project is implemented with modern designs for buildings and facilities and includes green areas and various services to ensure the comfort of residents within the project, noting that the project represents part of a series of initiatives organized by the syndicates to improve life conditions of their members in various fields.

He pointed that a contract was signed with the Middle East Engineering Consulting Office – Professor Dr. Hesham Diab, as the project’s engineering consultant, as it is one of the prominent names in its specialty, besides the office has a strong portfolio and honorable successes in playing the role of engineering consultant for projects, in addition, the syndicates have also cooperated with Barah Consulting and Real Estate Asset Management Company to be the project’s administrative and real estate consultant, which are contracts with strong entities that reflect the keenness to implement a distinguished and integrated project at the highest level.

Professor Dr. Diaa Abdel Hamid Mohamed, Head of the Doctors Syndicate in Assiut, said that the Doctors Syndicate in Assiut always seeks to provide the best services and benefits to its members, therefore this housing project aims to create an integrated and modern housing environment, to meet the aspirations of the the members.

Dr. Wael Ali Ismail, Head of the Housing Committee of Doctors Syndicate in Assiut, declared that the project includes 38 buildings with a total of 716 units equally divided between the two Syndicates, and all the details were chosen to ensure the implementation of a model project that applies the aspirations of the members of both Syndicates, so the project achieves a balance between building and green areas and services, which makes it an integrated project.

Kingston Technology Remains Top DRAM Module Supplier for 2023

Kingston Technology Europe Co LLP an affiliate of Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced, it has been ranked top third-party DRAM module supplier in the world, according to the latest rankings by revenue from analyst firm TrendForce. Kingston retains its number 1 position with an estimated 68.8% market share. TrendForce states DRAM module sales in 2023 saw a 28% YoY decline across the industry. Kingston’s revenue showed a slight decrease but held its position as the global leader for the 21st consecutive year.

According to the report, the world’s top ten memory module houses accounted for 93% of total sales in 2023 with Kingston maintaining its dominant market share of 68.8%. The decline was mainly due to an inventory correction phase in the consumer electronics sector following the pandemic. This was exacerbated by high utilisation rates among DRAM suppliers, which accelerated the price drop. However, the market started to recover in the second half of 2023. Consumer buying trends for electronic products took a hit following the pandemic but Kingston’s robust brand scale along with its comprehensive regional market layout limited its decline, keeping it firmly at the top of market share rankings.

In 2023, Kingston expanded its portfolio by introducing the Kingston FURY Renegade Pro DDR5 RDIMM, offering overclockable server-grade DDR5 memory tailored for creators, engineers, and data science professionals to support the demands of modern applications. Additionally, Kingston’s 64GB, 32GB, and 16GB Server Premier DDR5 4800MT/s Registered DIMMs were validated for use with the 4th Gen Intel®️ Xeon®️ Scalable Processors (previously known as Sapphire Rapids). Kingston also refreshed the design of its Kingston FURY Renegade DDR4 memory,

incorporating striking two-toned heat spreaders. Earlier in 2023, the company celebrated a major achievement of shipping over 100 million overclockable modules.

“The 2023 findings from TrendForce reflect the company’s ongoing strength and adaptability in the face of yet another demanding business year” said Iwona Zalewska, DRAM business manager, Kingston, EMEA. “This milestone not only reaffirms Kingston’s dominant presence in the market but also underscores the company’s resilience and significance within the industry, as we now proudly maintain our top position for the 21st consecutive year.”

For more information visit kingston.com.

 About Kingston Technology Europe Co LLP

Kingston Technology Europe Co LLP and Kingston Technology Company, Inc., are part of the same corporate group (“Kingston”). Kingston is the world’s largest independent manufacturer of memory products. From big data to IoT devices, including laptops, PCs, and wearable technology, Kingston Technology is dedicated to delivering top-tier product solutions, service, and support. Trusted by leading PC manufacturers and global cloud providers, we value our long-term partnerships that help us evolve and innovate. We ensure every solution meets the highest standards by prioritising quality and customer care. At every step, we listen, learn, and engage with our customers and partners to deliver solutions that make a lasting impact. To learn more about Kingston Technology and our “Built on Commitment” vision, visit Kingston.com.

 

Media Relations:
Nada Aref
BEYOND Marketing & Communications
[email protected]

Raya Information Technology Participates in the 28th Cairo ICT

Raya Information Technology Participates in the 28th Cairo ICT Exhibition in Collaboration with Strategic Partner “Cisco”

 ,Raya Information Technology, a subsidiary of Raya Holding for Financial Investments

.announced its participation in the 28th edition of Cairo ICT 2024

.The event will be held in Cairo from November 17 to 20, 2024

,The company is showcasing its innovations at both the main technology and innovation pavilion

,in collaboration with its strategic partner Cisco, and at the AIDC pavilion

.which highlights the latest advancements in artificial intelligence, data centers, and cloud computing technologies

,During the exhibition, Raya Information Technology, in collaboration with the global giant Cisco Systems

will showcase its latest innovative solutions and services aimed at enhancing efficiency

.and advancing digital transformation across various sectors

,These solutions include cutting-edge AI-driven solutions, data centers, cybersecurity

.and hybrid workspace technologies that enhance business flexibility

Raya IT will showcase observability technologies that improve the understanding of systems

Additionally, Raya IT will showcase observability technologies that improve the understanding

,and monitoring of systems and application monitoring

,reducing potential risks and strengthening the security of applications and infrastructure

.which in turn reduces downtime and improves the end-user experience

,Furthermore, at the AIDC pavilion, held on the sidelines of Cairo ICT 2024

the company will display a broad range of innovative technological services

.and solutions to support the growth of digital businesses and cloud computing for data centers

,This includes services in data center design, planning, and construction, energy infrastructure, cooling solutions

.industrial security, cloud hosting, colocation and outsourcing services

.Helping companies manage their operations more flexibly to keep pace with technological advancements

:Eng. Hisham Abd El Rasul, CEO of Raya Information Technology, stated

.We are proud to participate in this year’s Cairo ICT alongside Cisco, our strategic partner for over 25 years”

This participation represents a valuable opportunity to showcase our latest technologies

,and innovative solutions in various fields, including AI, cybersecurity, smart data centers

.”and efficiency-boosting business solutions

He added, “Exchanging expertise and collaborating with global

and local companies strengthens our ability to deliver advanced technological solutions

.that meet the growing and diverse market needs

We are committed to working closely with our global partners to deliver the highest levels of quality

and innovation across all projects, enhancing our technological capabilities

and achieving sustainable growth that strengthens our position as a leading IT company while supporting

.”the national technological infrastructure

“Cairo ICT 2024 this year with the theme “The Next Wave

“Cairo ICT 2024 will be hosted this year with the theme “The Next Wave

.and will explore the newest innovations and emerging trends that will transform economies, society, and industries

,With a focus on the impact of artificial intelligence (AI) on cloud computing and data centers, big data analytics

,the new generation of communications, satellite technology, future design, AI, and machine learning

,along with hands-on demonstrations of real-world applications

.this year’s exhibition features prominent figures from the public and private sectors in the IT industry

Central Bank of Egypt Secured First Places in the Cyber Drills at the Regional

Central Bank of Egypt Secured First Places in the Cyber Drills at the Regional Cybersecurity Competition for Arab states and Members of the Organization of Islamic Cooperation

 Fierce competition between more than 600 cybersecurity experts, focusing on combating cyber-attacks, data protection, and digital services.

,In recognition to the exceptional competences of Egyptian cybersecurity experts

,at both the national level in general, and the banking sector in particular

the Central Bank of Egypt have secured first places

the Egyptian Computing Incident Response Team (EG-CIRT)

and the Computing Incident Response Team for the Financial Sector

(EG-FinCIRT) of the Central Bank of Egypt (CBE) have secured first places in the specialized drills

during the 12th Regional Cybersecurity Competition for Arab

,and member states of the Organization of Islamic Cooperation (OIC)

.with participation from Asia-Pacific and African Countries

,The competition was organized by the Arab Regional Cybersecurity Center (ITU-ARCC), in Muscat

,”Sultanate of Oman, under the theme “The Impact of Cyber Threats on the Digital Economy

with the participation of more than 600 members of incident response teams and National

.Cybersecurity Centers from Arab and Islamic countries participating in the competition

The activities and proposed scenarios focused on building the capabilities of response teams and

.enhancing communication among them to ensure an effective response to the escalating cyber threats

The event also targeted information security centers in critical sectors to ensure the protection of data

.and digital services amid virtual attacks

,From his side, Dr. Sherif Hazem, CBE’s Sub-Governor for the Cybersecurity

stated “Cybersecurity issues have become a fundamental focus in safeguarding the national security

.across the globe, especially amid the intensified reliance on digital technologies

,This necessitates the readiness of all states’ entities

.with the banking and financial institutions at the forefront, to mitigate cyberattacks and cyberwarfare

Undoubtedly, the Egyptian teams’ remarkable achievements in the competition highlight Egypt’s

,prospered trajectory towards strengthening its leading role in the field of cybersecurity

,which bolster the confidence in the country’s digital economy

.”and empower the attraction of foreign investments

“Mostafa”: The CBE succeeded in establishing first sectoral Computing Team

,Dr. Ibrahim Mostafa, the Assistant Sub-Governor of the CBE and Director of EG-FinCIRT, stated that

The CBE succeeded in establishing Egypt’s”

,first sectoral Computing Incident Response Team (EG-FinCIRT)

,qualifying promising calibers in the Cybersecurity field

investing in their long-term growth to build capacities of the banking sector

and enable banks and financial institutions to develop and thrive in a stable

.and resilient banking ecosystem

This achievement is realized by efficiently handling the cybersecurity incidents

,and internet-related emergencies in the financial and banking sectors

,through the early detection of security incidents to confront and mitigate their effects

.”as well as preventing their recurrence

,During the competition, complex simulations of cyberattacks were conducted

.testing the participants’ ability to respond and apply professional methods to mitigate their effects

,Noteworthy, the CBE’s team attained the highest rankings in the specialized drills conducted

,”including, but not limited to, “Threat Hunting”, “Ransomware Attack Defense

,”SOC Analyst Challenge: Advanced Memory and Malware CTF”

and the joint security maneuver for data breach incidents organized

by the International Telecommunication Union (ITU) in Oman

and the Forum of Incident Response

.”and Security Teams (FIRST) “FIRST-ITU Oman Data Breach CTF

OPPO Celebrates Global Photography Talent at Paris Photo Fair 2024

“OPPO Celebrates Global Photography Talent at Paris Photo Fair under the theme of “Dear Life

,This year, OPPO once again shone at Paris Photo 2024. As the event’s global partner

the company celebrated global talents in mobile photography through

.the award ceremony of its imagine IF Photography Awards 2024

,By exhibiting a retrospective of the best artworks from the competition

.”OPPO also showcased its humanistic vision with an elaborately designed exhibition titled “Dear Life

Paris Photo 2024 Exhibition

It is a great honor to participate in Paris Photo for two consecutive years

.and to showcase the exceptional global talents in mobile photography on this prestigious stage

The stunning photos captured with OPPO smartphones from around the world are a testament

.to OPPO’s dedication to pushing the boundaries of technological innovation

.said Olivella Liu, OPPO Global Brand Director”

,Moreover, with the notion we bring to Paris this year

,A perfect day is made of nothing but every extraordinary moment that makes you want to take a shot

,we also hope to further elaborate on OPPO’s understanding of photography

.”and more importantly, present the beauty of life and cultural diversity

imagine IF Photography Awards: Shining the Spotlight on the Global Stage

,With over 1 million entries submitted from 81 countries and regions

the Imagine IF Photography Awards 2024 have brought together a vibrant showcase of global creativity and diversity.

Following an extensive judging process, OPPO brought 56 award-winning works to Paris Photo

and held an award ceremony, celebrating the creativity and cultural richness captured through mobile photography.

imagine IF Photography Awards 2024 Ceremony

,OPPO also invited Norwegian Art photographer and Hasselblad Master Tina Signesdottir Hult

,a judge for the competition, along with award representatives

,to share insights into their photographic journeys and the stories behind their works

.providing the audience with a unique opportunity for in-depth engagement and exchange

,Behind this shining event and the awarded entries

,”it is OPPO’s unremitting endeavor to enable users to “Capture the Beauty of Life with Ease

,to explore the humanistic significance of images by letting life itself become the protagonist

.and to tell diversified stories from people across the globe

,Art photographer, Hasselblad Master Tina Signesdottir Hult

and a judge for the iImagine IF Photography Awards 2024 shares her experience

Dear Life” Exhibition: Harnessing the Power of Visual Storytelling”

Themed around “Dear Life” ,organized an exhibition at Paris Photo to showcase

the winning entries from the imagine IF Photography Awards 2024 alongside the company’s official sample photos.

,The exhibition invites visitors on a deeply personal journey through four zones—Dear World

.Dear Time, Dear Friend, and Dear Me—each capturing the beauty of life’s fleeting moments

,Through these immersive sections, visitors embark on a heartfelt journey celebrating life, friendship

.time, and self-reflection, with all images captured on OPPO smartphones

,Additionally, to tie these evocative stories together

,presented its annual photography film Dear Life

,a visual journey which evokes echoes in minds with the grandeur of nature

.fleeting moments of life, the warmth of friendship, as well as inner exploration

[OPPO Annual photography film: Dear Life]

“Beyond the Image, Beyond Imagination.” The images presented by OPPO at Paris Photo 2024 go

,beyond an exhibition; they are snapshots of people’s lives

.embodying emotional resonance and human traces left in the universe

By encouraging its users worldwide to unlock the potential of mobile photography

,”and inviting them to capture the most delightful moments of their “Dear Life

strives to inspire people everywhere to see the world through a new lens—one that values creativity, diversity, and the beauty of everyday life.

.For more information, please visit OPPO Paris Photo 2024 Online Exhibition

About OPPO

,Since the launch of its first mobile phone – “Smiley Face” – in 2008

has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology.

.Today, provides a wide range of smart devices spearheaded by the Find and Reno series

.Beyond devices, also provides its users with ColorOS operating system and internet services

, has footprints in more than 70 countries and regions

O is a leading global smart device brand

,Since the launch of its first mobile phone – “Smiley Face” – in 2008

OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology.

.Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series

.Beyond devices, OPPO also provides its users with ColorOS operating system and internet services

, has footprints in more than 70 countries and regions

with more than 40,000 employees dedicated to creating a better life for customers around the world

MAQAM for Urban Development presents exclusive units offers for Optima Business Complex at Qarar

,MAQAM for Urban Development presents exclusive units

offers for Optima Business Complex at Qarar for Investment Expo in the UAE

Maqam for Urban Development showcases Optima Business Complex at Qarar

for Investment Expo in Dubai and Abu Dhabi

Maqam for Urban Development has revealed its participation in Qarar

.for Investment exhibition, set to be held in Dubai and Abu Dhabi this November

The company plans to present exclusive units with special offers and flexible payment plans

.for the Optima Business Complex during the event

,Osama El Gendy, Chief Commercial Officer (CCO) at Maqam

said that participating in international exhibitions is a key part of the company’s strategy

,to expand its reach beyond the Egyptian market

.especially targeting clients interested in premium units with strong investment returns

El Gendy highlighted that the exhibition will be held in Dubai from 15 to 17 November

.and in Abu Dhabi from 22 to 24 November

He noted that the company provides its clients with high-quality commercial

,and administrative units in its flagship project, Optima Business Complex

.offering excellent investment opportunities for those seeking units with strong returns

Maqam for Urban Development views its clients as partners in success

Maqam for Urban Development views its clients as partners in success

.and is committed to delivering the best in all of its projects

.He pointed out that the project is situated on plot MU46 in the Downtown area, spanning 2,400 sqm

,It features 32 commercial units, each with an average area of 45 sqm

.and 157 administrative units, also averaging 45 sqm per unit

.The project comprises 13 floors

,He also disclosed that the government’s move to New Administrative Capital

,coupled with the ongoing development in the area

.is positioning it as a key investment hub for both investors and clients in the near future

Furthermore, the strong belief clients have in real estate as a safe investment

.and store of value is driving increased demand for property purchases

,However, a trusted and reputable company remains the top choice for clients

.especially amidst the competitive real estate market