Main reasons for IT sector growth in Egypt during 2017

Daily News Egypt
1 Min Read

2017 witnessed strong growth in Egypt’s ICT information technology sector. This report includes the highlights of the growth achieved in the IT sector during the past year.

During 2017, a number of programmes were implemented to provide material and technical support through the Information Technology Industry Development Agency (ITIDA) in order to raise the efficiency of Egyptian companies in the field,

in addition to providing funds, training IT professionals, developing IT products and services, and helping companies enter new markets.

A number of international data, reports, and classifications praised Egypt’s position as an attractive destination for investments and a leader in outsourcing, IT services, and cross-border services, notably the following reports:

1. AT Kearney’s 2017 Global Cities report ranked Egypt as the top in the Middle East and Africa, and 14th global, destination for the outsourcing industry.

2. In its 2017 report, Gartner listed Egypt as one of the industry’s best destinations in the Europe, the Middle East, and Africa region.

3. Oxford Business Group confirmed that the information technology sector in Egypt is experiencing an employment boom, especially by multinational companies that are expanding their investments in Egypt.

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