Mahfouz said during Egypt Economic Summit that amid the crisis, Egypt has proven capable technological infrastructure, and in attracting investments to the sector.
FILE - ITIDA
CAIRO – 2 December 2020: CEO of Information Technology Industry Development Agency (ITIDA) Amr Mahfouz stated that COVID-19 has imposed a new pattern regarding digital infrastructure and online education.
Mahfouz said during Egypt Economic Summit that amid the crisis, Egypt has proven capable technological infrastructure, andin attracting investments to the sector.
He added that telecommunications and digital transformation have proven to be bases for continuing economic development.
“The current crisis has affirmed that Egypt is taking the right path towards incorporating digital solutions,” Mahfouz said
The second edition of Egypt Economic Summit kicked off Wednesday, Dec. 2, in Cairo, under the auspices of Prime Minister Mostafa Madbouli.
The summit, which is entitled ,” Investment Opportunities”, aims to pinpoint strategies for the Egyptian Economy in a Post-Pandemic world, including panels related to sectors of investment and finance, Information and Communication Technology (ICT), and real estate.
According to an earlier press release, the investment and banking panel will highlight the role of financial institutions in underpinning the Egyptian economy during the COVID-19 slump. The second panel will tackle ICT infrastructure and its readiness for the state’s digital transformation. Moreover, the third session will focus on the post-pandemic performance of the real estate sector.
