SICO is the first Egyptian company to manufacture smart phones, 20 percent of which is owned by the Egyptian Ministry of Communications and Information Technology.
Egypt’s first smartphone maker is looking to capture 17 percent of the country’s market by 2020, its chairman said
This came during the ceremony of launching the first Egyptian tablet, named SICO Express 3.
“The production of 10,000 tablets has begun to be officially launched in the market within two weeks at a price LE 1149,” Chairman of SICO said.
The Dow Jones Industrial Average rose 1.39 percent on Friday while Brent oil climbed on the last two days of the week, closing at $67.31 a barrel.
Chairman of the Egyptian Silicon Industries Co. (E-SICO) Mohamed Salem received the “Crystal Awards BT100” Monday night, February 29.
A wrap-up of the most prominent business news of the day
Kady reviewed the communications sector's achievements over the past period and its contribution to boosting the national economy.
The first Egyptian- manufactured smartphone "SICO" was launched on Sunday.
Middle Eastern stock markets may rebound slightly on Wednesday after global bourses regained some strength.