The country also ranks first in the region for attracting investment into ICT start-ups, according to a statement by Minister of Communications and Information Technology Amr Talaat.
Egypt’s Minister of Communications and Information Technology, Amr Talaat, visited the company’s Cairo headquarters, where he reaffirmed the government’s commitment to fostering an attractive and supportive environment for the growth of the outsourcing industry.
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.
This is the first center for Deloitte International to export innovative digital services from Egypt.
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.