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ICT Sector

Schneider Electric Unveils New Research and Innovations to Prepare IT Infrastructure for Net Zero Operations

Schneider Electric recently released three independent research studies to better understand the maturity of sustainability initiatives within IT and data center organizations

Google pumps est. EGP 11.2B into Egyptian economy | Google Impact Report

Global tech company Google’s impact on the Egyptian economy is estimated to be around EGP 11.2 billion in 2021

Tech startups to have easier time setting up shop with new presidential directives

The move will be a part of the government’s push in attracting private capital and investments, as well as drive further growth into the local tech industry

Investments into Egypt’s FinTech sector soars 300% in last 12 months

Growth in the FinTech sector has seen a steady incline, climbing from only 2 startups in 2014 to 112 by the end of 2021, distributed in more than 14 innovative sub-sectors such as e-payments, B2B marketplaces, alternative finance and more

MCIT looks to accelerate its contribution to GDP to 8% in next 3 years | MCITMin

The report also noted these actions reflect the progress in Egypt’s digital transformation strategy