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Alcatel Egypt moves to Smart Village

Alcatel Egypt has signed a ten year rental agreement for over 6,000 square metres of office space in Egypt's Smart Village.

Alcatel Egypt has signed a ten year rental contract with the Smart Village Company.

Under the agreement, Alcatel Egypt will lease a total area of 6,200 square metres at a prime spot of the Smart Village. The company plans to move all its divisions, including its International Service and Software Centre, its training centres and its Middle East regional headquarters, to the new premises during the third quarter of next year.

The signing ceremony was held under the auspices of Dr Ahmed Nazif, the Minister of Communications and Information Technology, at the Cairo Royal Meridien Hotel. Dr Aly El Hifnaway, chairman of the Smart Village Company and Vincenzo Nesci, chairman of Alcatel Egypt, signed the contract.

“Deciding to move all our operations in Egypt and the Alcatel Middle East Headquarters to the first Smart Village of Egypt shows the importance and confidence that Alcatel places in this ambitious project,” said Nesci. “I envision that the new offices will help facilitate the sharing of Alcatel’s expertise and experience in the market and bring all our teams together under one roof, contributing to further enhance the corporate identity and culture. This is certainly a win-win situation for all parties.”

Earlier this year Alcatel signed a Memorandum of Understanding with the Smart Village Company to move its local office as well as its Middle East Regional Headquarters to Egypt’s First Smart Village.

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