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Ministry of Communication and Information Technology

ITIDA & Flat6Labs launches Invest IT program to support Egypt's tech startups

This initiative is designed to prepare startups in the ICT sector for seed funding and early investment stages, enhancing their ability to secure financing and expand their operations.

MCIT opens $30M first Deloitte Innovation Hub in Egypt

This is the first center for Deloitte International to export innovative digital services from Egypt.

Egypt signs 5 agreements with Chinese companies to produce optical fibers

Another agreement with the same company involves setting up an investment fund with an initial capital of $300 million, where the Chinese company will finance more than 80% of the fund, alongside Egyptian investors.

Egypt's startup ecosystem defies global trends, attracts over $500M in 2022

Egypt's startup scene remains resilient and attractive, securing over $500 million in investments in 2022.