Egyptian IT boom

As the largest telecoms market in North Africa and a key growth market for IT and telecoms globally, Egypt is a perfect example of the commercial potential of the wider region to major ICT players.

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By  Administrator Published  September 16, 2008

As the largest telecoms market in North Africa and a key growth market for IT and telecoms globally, Egypt is a perfect example of the commercial potential of the wider region to major ICT players.

At GITEX Technology Week, Egypt's Information Technology Industry Development Agency (ITIDA) will showcase the very best the country's ICT industry has to offer.

"Egypt is increasingly attracting international technology businesses that are looking to build on our competitive positioning to service the wider regional market. At the same time, many Egyptian companies are developing a reputation for the excellence of their technology offerings," says Dr. Hazem Abdel-Azim, the executive president of the ITIDA.

The Global Information Technology Report 2007-2008, issued by the World Economic Forum in cooperation with INSEAD, underlines the substantial progress Egypt has made in ICT readiness in comparison to neighbouring countries over the last six years.

The research report ranked Egypt as the most competitive in prices of telecom services in the region and worldwide, highlighting costs of mobile communications. Egypt was among the largest national pavilions at last year's GITEX Technology Week.

This year, the number of Egyptian companies exhibiting at the show has already risen by almost 10%.

"Egypt's IT industry is one of the fastest growing in the region, and GITEX has become a key platform for Egyptian companies and government agencies to demonstrate their industry knowledge," says Abdulla Qassem, senior VP at Dubai World Trade Centre.

"We strongly believe that GITEX Technology Week will assist Egyptian ICT companies in achieving their long-term business and marketing goals by providing better access to influential buyers and decision makers from across the region," he adds.

For the first time, this year's GITEX Technology Week Global Conference programme is supporting dedicated developer sessions to facilitate the development of cutting-edge ICT technologies in the Middle East region. Egyptian companies are expected to make a major contribution to this process.

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