News
Bahrain Gears Up For The Fintech Revolution Summit 2024
The summit in Manama will host 750+ thought leaders, entrepreneurs, and tech experts from around the world.
Bahrain’s premier fintech event, the Fintech Revolution Summit is scheduled to take place on the 14th and 15th of February 2024 in Manama, Bahrain — a leading MENA financial hub.
The summit will bring together 750+ fintech experts and thought leaders to discuss trends surrounding financial technology and investment opportunities. The dedicated event is also the best opportunity to learn more about Bahrain’s Vision 2030 goal of becoming a cashless society.
Also Read: A Guide To Digital Payment Methods In The Middle East
Fintech founders, central bank officials, policymakers, entrepreneurs, investors, and academics will come together at the event to learn, discuss, and network. In addition, banking technology, cybersecurity, e-payment, forex, and payment gateway providers will also be in attendance, showcasing a host of solutions for the future of finance.
For more information about the Fintech Revolution Summit, visit the official website.
News
Ericsson And e& Join Forces To Bring Superfast 5G To Egypt
The partnership aims to deliver fast, reliable connectivity to private users and enterprises while supporting cross-sector digital innovation.
At GITEX GLOBAL 2024, Ericsson and e& Egypt announced a groundbreaking partnership to roll out 5G technology across Egypt, promising users enhanced connectivity with faster speeds, reduced latency, and expanded bandwidth. The collaboration will cater to the growing demand for advanced mobile services for both consumers and enterprises alike.
Under the agreement, Ericsson will deliver its energy-efficient 5G product suite to establish the new network. This comprehensive 5G Radio Access Network (5G RAN) portfolio, implemented through the Ericsson Radio System, is designed to support diverse traffic conditions and site types. It aims to provide reliable performance as networks grow across mobile generations, equipping Egypt with a stable, high-capacity infrastructure to foster digital innovation.
The adoption of 5G is expected to provide Egyptians with seamless connectivity and increased network resilience. The expanded bandwidth and lower latency brought by this new infrastructure will support not only faster internet for users but also enhance industry operations and contribute to society as a whole.
“We are thrilled to bring 5G to Egypt with our technology partner, Ericsson. Through this partnership, e& Egypt will be able to provide faster connectivity speeds, larger bandwidth, and lag-free user experience to our customers, unlocking many opportunities for consumers and enterprises,” said Amr Fathy, Chief Technology and Information Officer of e& Egypt. “With Ericsson’s cutting-edge 5G solutions, we are paving the way for a more connected and innovative future for Egypt”.
Also Read: Wi-Fi 7, The Next Generation Of Wireless Internet, Is Here
Ekow Nelson, Vice President and Head of Global Customer Unit for e& at Ericsson Middle East and Africa, also reflected on the longstanding collaboration: “Our storied partnership with e& Egypt dates back nearly two decades, with two generational shifts in mobile technology. Like previous generational shifts, our ambition with 5G is to extend e& Egypt’s technology position”.
Ericsson and e& Egypt have collaborated successfully for years, achieving notable milestones in network innovation, customer experience, and sustainable development.