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Egypt: Minister highlights international interest in Egypt’s technology sector

Egypt: Minister highlights international interest in Egypt’s technology sector

Rédaction Africa Links 24 with MENA
Published on 2024-03-09 11:22:47

Minister of Communications and Information Technology Amr Talaat announced on Friday, August 3, 2024, that Egypt’s high technology sector has successfully attracted top international companies in the field of communications and information technology to establish their outsourcing centers in the country. This is due to the significant growth that Egypt has been experiencing in recent years.

During the inauguration of the new headquarters of Atos, a global leader in digital transformation, Minister Talaat highlighted the importance of this move in strengthening Egypt’s position in the global technology market. Atos’ decision to open a Global Delivery Center in Egypt is part of their strategy to expand their presence in the country and offer a wide range of information technology services.

Atos plans to increase its operations in Egypt by focusing on export-oriented digital services such as the digital workplace, application development, and Microsoft services. The company initially started its operations in Egypt in 2020 by hiring 20 engineers and has since then expanded its business in outsourcing. Currently, 73% of Atos’ operations in Egypt are dedicated to exporting services.

In the next two years, Atos aims to hire 3,000 engineers and increase its export business to $300 million. This expansion is expected to have a positive impact on Egypt’s economy and provide job opportunities in the technology sector. Minister Talaat expressed his confidence in the potential of Egypt’s high technology sector to continue attracting international companies and contribute to the country’s economic growth.

The Egyptian government has been actively promoting the development of the technology sector through various initiatives and incentives to attract foreign investment. The presence of leading international companies like Atos in Egypt is a testament to the country’s growing reputation as a hub for technology and innovation.

Overall, Atos’ decision to establish a Global Delivery Center in Egypt is a significant milestone for the country’s technology industry. It not only highlights Egypt’s potential as a competitive player in the global market but also demonstrates the confidence of international companies in the country’s capabilities.

In conclusion, the partnership between Atos and Egypt is a step towards realizing the country’s vision of becoming a regional leader in technology and digital transformation. With the support of the government and the commitment of companies like Atos, Egypt is on the path to becoming a technology hub in the region.

Read Original article on Egypt Independent

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