IT services ace selects Egyptian base

Wipro is all set to step up its presence in the Middle East and North Africa (MENA) region by establishing a global development centre in Egypt. The move is expected to enhance Egypt's profile as a location for IT export services.

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By  Andrew Seymour Published  August 25, 2007

Wipro is all set to step up its presence in the Middle East and North Africa (MENA) region by establishing a global development centre in Egypt. The move is expected to enhance Egypt's profile as a location for IT export services.

India-based Wipro, which employs more than 70,000 professionals, intends to provide software development, integration and consulting services from the centre, after signing an agreement with the Information Technology Industry Development Agency (ITIDA) to set up a facility in Greater Cairo's ‘Smart Village' technology park.

"Wipro has always been focused on the Middle East as a region and localisation in this region is one of the key strategies for growth this year," revealed Rajat Mathur, chief executive of business solutions and head of the Middle East and Asia Pacific regions at Wipro. "This development centre, besides strengthening Wipro's dominance in the region, would also give a thrust to Wipro's global delivery model. We are impressed with the focus of the Egyptian government on information technology and are proud to be associated with them in this talent development initiative."

Wipro, which made worldwide sales in excess of US$3.4 billion last year, started its operations in the Middle East six years ago. Earlier this year it established a joint venture in Saudi Arabia, augmenting its coverage of the GCC markets where it counts Dubai eGovernment, Qatar Petroleum, Doha Bank among its most prestigious customers in the region.

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