The Ministry of Communications, represented by the Information Technology Industry Development Agency (ITIDA), aims to increase the volume of Egypt’s digital exports during the current fiscal year 2025/2026 to $7.4 billion, compared to the current $4.8 billion.
It is noteworthy that ITIDA signed cooperation agreements with 55 global outsourcing companies in the presence of Prime Minister Dr. Mostafa Madbouly to expand their scope of work in Egypt and establish new service centers.
According to Minister of Communications Dr. Amr Talaat in press statements, these agreements represent great diversity on three levels: First, in terms of the companies’ nationalities, as they span different continents and include countries that are leaders in the outsourcing industry and see Egypt as an ideal destination for this industry.
The Minister said that the Second level relates to the specializations of these companies, as the cooperation fields vary between call centers, programming, algorithm building, electronic circuit design, cybersecurity, in-vehicle embedded software, and others.
Finally, the type of companies, as the agreements include 39 existing companies expanding their business in Egypt, and 15 new companies entering the Egyptian market for the first time.
The Global Outsourcing Summit, organized by ITIDA on November 9th and 10th at the Marriott Mena House Hotel in Giza Governorate, was attended by 250 leaders and senior officials from more than 114 global companies from 29 countries.
The summit resulted in the signatory companies committing to providing more than 75,000 new job opportunities over the next three years.
Among the most prominent companies that signed agreements with ITIDA are: Accenture, ADCB, Almaviva, Alshaya group, Arcsen, Atlas Copco, Capgemini, Celfocus, Coca-Cola, Conectys, cyber50, Deloitte, DXC, E& CX solutions, eClerx, Ericsson, Evolvice, Expleo, Giza systems, Honeywell, HSBC, IBM, IGT solutions, Intelcia, Luxoft, NAOS, Nestle, Noon, Noventiq, PWC, Raya Contact Center, RSA, Seitech, Sigma, Sutherland, TaskUs, Teleperformance, Transcom, TTEC Egypt, VOIS, VXI, WeGO, Xceed, CCI, Mixel-Egypt, FPT, Photonx, Alorica, Advansys, and Maf.
