SGH secures USD 200Mln strategic investment from SK Telecom
SMART Global Holdings, Inc. (“SGH”), a leading designer and developer of high-performance, high-availability enterprise solutions, recently announced that SK Telecom (“SKT”) , an affiliate of SK Group, is making a $200 million preferred equity investment in SGH. SGH plans to use the capital from SKT’s investment to enhance SGH’s capabilities and add to the Company’s […]
Egyptian banks driving the country’s new financial system
The latest reports in 2023 indicate that the Egyptian banking sector is the second largest one in Africa after South Africa. Egypt’s GDP in 2021 was approximately USD 403 billion and secured the third spot after South Africa and Nigeria. The World Bank has recognised the stability and tenacity of the Egyptian banking industry, which […]
SA to enter the top 5 global markets for ManageEngine
ManageEngine, the enterprise IT management division of Zoho Corporation, today announced that the Kingdom of Saudi Arabia (SA) is poised to enter the top five biggest markets worldwide for the company within the next three years. Already its biggest market in the Middle East and North Africa (MENA) region, ManageEngine Saudi registered a 40 percent […]
