Otellini renews chip giant Intel’s pledge to Egypt
Chip giant Intel has signed a MoU with Egypt's Social Fund for Development to deliver cost-effective Arabised technology to the country's small and medium-sized businesses.
Chip giant Intel has signed a memorandum of agreement (MoU) with Egypt's Social Fund for Development to deliver cost-effective Arabised technology to the country's small and medium-sized businesses.
The MoU, which was announced today, was signed as part of Intel president and CEO Paul Otellini's visit to the country.
"Egypt has a thriving IT landscape," Otellini said. "More than ever, developing advanced skills in technologies like WiMax and offering tailored, local solutions will help Egyptian companies better compete in the global marketplace."
During the visit, Otellini also unveiled Intel's plans to work with the Information Technology Institute (ITI) and four other Egyptian universities to establish research labs, training and certification programs for developing software using start-of-the-art computing multi-core technology.
The chip giant also forged an agreement with the National Telecommunications Institute to establish a WiMax research lab, training and certification program as well as installing a WiMax base station at the university's Smart Village campus.
Otellini's visit to Egypt, his first to the Arab world, comes after a series of trips by other Intel executives to the country in the last six months.
The most high profile of these was Intel chairman Dr Craig Barrett's visit to Egypt in December to unveil the digital village the company has established in the small city of Oseem.