{"id":2943,"date":"2025-02-28T13:14:39","date_gmt":"2025-02-28T13:14:39","guid":{"rendered":"https:\/\/ta3heed.com\/en\/?p=2943"},"modified":"2025-02-28T13:14:43","modified_gmt":"2025-02-28T13:14:43","slug":"concentrix-4","status":"publish","type":"post","link":"https:\/\/ta3heed.com\/en\/concentrix-4\/","title":{"rendered":"Egypt on Concentrix’s Expansion Radar"},"content":{"rendered":"\n
In a move that reflects the confidence of major global companies in the Egyptian market, Concentrix, the US-based outsourcing giant, has recently announced its plan to invest $1 billion in Egypt in the coming period.<\/p>\n\n\n\n
This investment aims to expand the company’s operations and increase its workforce, further strengthening Egypt’s position as a key outsourcing hub in the region.<\/p>\n\n\n\n
Expansion & Job Creation<\/h2>\n\n\n\n
Concentrix plans to create 16,000 new job opportunities, bringing its total workforce in Egypt to 35,000 employees by 2028, compared to 19,000 currently.<\/p>\n\n\n\n
This growth is expected to boost the outsourcing sector and enhance its contribution to the local economy.<\/p>\n\n\n\n
New Cities on the Investment Map<\/h2>\n\n\n\n
As part of its expansion strategy, the company is targeting new cities like Mansoura and Hurghada, increasing its presence within Egypt and accessing a broader talent pool.<\/p>\n\n\n\n
This move will also support economic development in different governorates.<\/p>\n\n\n\n
Concentrix\u2019s Global Presence<\/h2>\n\n\n\n
Concentrix is one of the world’s leading outsourcing companies, with:<\/p>\n\n\n\n
\n
Operations in 70 countries across six continents.<\/li>\n\n\n\n
A global workforce of 440,000 employees.<\/li>\n\n\n\n
$9.6 billion in revenue in 2024.<\/li>\n\n\n\n
Founded in 2003 in California, USA.<\/li>\n\n\n\n
Listed on the NASDAQ in 2020.<\/li>\n<\/ul>\n\n\n\n
Strengthening Multilingual Services<\/h2>\n\n\n\n
Concentrix offers its services in Egypt in 12 different languages, reinforcing its role as a global outsourcing and technical support hub, while enhancing Egypt\u2019s competitiveness in this sector.<\/p>\n\n\n\n
This investment aligns with Egypt\u2019s efforts to position itself as a regional outsourcing and technology hub. Concentrix\u2019s expansion will help:<\/p>\n\n\n
In a move that reflects the confidence of major global companies in the Egyptian market, Concentrix, the US-based outsourcing giant, has recently announced its plan to invest $1 billion in Egypt in the coming period.<\/p>\n","protected":false},"author":2,"featured_media":2944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,58],"tags":[215],"class_list":["post-2943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-infograph","tag-concentrix"],"yoast_head":"\n
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