EGYPT – Regional Business & IT Powerhouse

Named a Primary Location in EMEA for global exports of IT and business services by Gartner, IDC, and other leading consultancies, Egypt continues to attract investments of Fortune 500 companies like Amazon, Uber, Dell and IBM. The Egyptian IT and business services exports have for several consecutive years been growing at a double-digit rate fueled by a multi-lingual talent pool of 600K+ annual graduates, the largest in the Arab speaking world and second largest in EMEA.

Egypt is leading the technology innovation scene in MENA securing the largest number of investment deals in startups in the region and attracting business leaders on the hunt for innovations and tech-powered solutions, large multilingual talent pool at competitive cost and global presence.

Through 2026, Fitch solutions expected Egypt to lead MENA’s real GDP growth to reach close to 5%. Egypt continues to prove its resiliency in the face of uncertainty and dynamic changes, focusing on UN sustainable goals, Vision 2030, and a new offshoring industry strategy with the ambitious goal of tripling the export revenue from digitally-enabled offshoring services to propel the sector on a higher growth trajectory.

Egypt’s International Recognition

• Africa’s top FDI destination - UNCTAD, 2021

• Primary Location in EMEA for Global Delivery of IT and Business Services – Gartner, 2019

• The only non-European country among 18 Business Services Locations - Deloitte & ABSL, 2019

• #4 Favorite CX Offshore Location - Ryan Strategic Advisory, 2021

• #15 Global Services Location, and #1 in MEA - Kearney, 2021

• Among most improved economies (+14) in Ease of Doing Business - World Bank, 2020

• One of the fastest growing offshore destinations in the world - IDC, 2019

• Top 15 Global Ecosystem in Affordable Talent – Startup Genome, 2021

ABOUT ITIDA

The IT Industry Development Agency (ITIDA) is the executive arm of the Egyptian Ministry of Communications & Information Technology.

Since its establishment in 2004, ITIDA has been spearheading the development of Egypt’s IT and business services industry to increase its global competitiveness.

ITIDA acts as a strategic partner and key advisor for foreign investors looking to leverage Egypt for their global delivery of services.

ITIDA’s 5 Main Pillars

- Market Driven Skills Development

- Enabling Digital Transformation

- Stimulate Growth in Innovation

- Attract FDI & Increase Digital Exports

- Enabling Business Environment

Contact us: intl.marketing@itida.gov.eg