Egypt: A Safe Haven for the Outsourcing Industry Amidst Regional Instability
With the escalating geopolitical tensions in the Middle East, particularly amidst the recent clashes between Iran and Israel, Egypt is emerging as one of the most secure and stable destinations for global companies operating in the outsourcing sector.
According to experts in the outsourcing sector, these regional dynamics create a strategic opportunity for Egypt to strengthen its position as a regional outsourcing hub and attract further foreign investments in the field.
Experts believe that many international companies have already begun re-evaluating their operational locations in countries like Jordan, Pakistan, and India due to security risks and political volatility.
This significantly boosts the competitiveness of the Egyptian market, supported by a developed digital infrastructure, the availability of qualified human resources, and suitable operational costs.
They emphasized that the provision of remote outsourcing services keeps Egypt safe from the direct impacts of crises, giving it an advantage in attracting companies seeking a stable and efficient environment to expand their operations.
Official Source: Egypt is a Safe Destination Away from Tehran-Tel Aviv Tensions
A responsible source in the outsourcing sector stated that Egypt is a safe investment destination for companies in the outsourcing sector compared to neighboring countries that have been affected by the recent military attacks between Tel Aviv and Tehran.
The source noted that global outsourcing companies previously based in Jordan are currently considering relocating their operational centers to Egypt to ensure efficient service delivery to their clients.
Mahfouz: Regional Tensions Offer a Strategic Opportunity for Egypt’s Outsourcing Industry Growth
Engineer Amr Mahfouz, CEO of “Delta Electronic Systems” and former CEO of the Information Technology Industry Development Agency (ITIDA), stated that the increasing geopolitical tensions in several regions worldwide, particularly the ongoing conflict between Israel and Iran, could present a real opportunity for Egypt to strengthen its position in the outsourcing industry and attract new global companies.
Mahfouz clarified that many international companies are now seeking more stable destinations to relocate their operational service centers, given the unstable situations in areas like Eastern Europe, India, and Pakistan.
He pointed out that Egypt possesses strong attractive factors, including regional stability, the availability of qualified personnel, and developed digital infrastructure, making it an ideal environment for the growth of this sector.
He affirmed that the Ministry of Communications and ITIDA are making noticeable efforts to promote Egypt globally as an attractive outsourcing destination through communication with international markets and organizing trade missions.
However, he stressed the necessity of intensifying these efforts during the current phase and leveraging the current geopolitical circumstances to enhance Egypt’s standing as a reliable regional hub for IT and outsourcing services.
Fahmy: Outsourcing Services are Provided Remotely
For his part, Karim Fahmy, Head of Quattro Outsourcing Services, ruled out any negative repercussions on the Egyptian market due to the conflict between Israel and Iran, especially since services are provided to clients remotely, which may not require employees to be present at different physical locations.
Fahmy stated that Egypt is safe from military attacks.
