Browsing: Sector

On October 16, 2026, Social Capital reported that artificial intelligence companies now account for approximately 83% of total U.S. venture capital deal value, up from 65% in 2025 and just 10% in 2015. This surge underscores the sector’s rapid expansion but also raises concerns about the sustainability and quality of revenue streams within AI firms.…

Eng. Ahmed El-Zaher, CEO of the Information Technology Industry Development Agency (ITIDA), participated in the opening of Techne Summit Alexandria 2026, representing Eng. Raafat Hendy, Minister of Communications and Information Technology, alongside Dag Juhlin-Dannfelt, Ambassador of Sweden to Egypt; Eng. Khalil Hassan Khalil, Chairman of the General Division for Digital Economy and Technology at the…