This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113033856/en/

ITIDA signed agreements with multinational and local companies (Photo: AETOSWire)

These partnerships will create thousands of high-value jobs for Egyptian youth in business process outsourcing (BPO), IT, engineering, and advanced technology services. Aligned with ITIDA's strategy to enhance Egypt's offshoring presence, these agreements support the government's vision of a knowledge-based digital economy and position Egypt as a trusted hub for high-quality digital services.

Commenting on the signings, Dr. Amr Talaat, Minister of Communications and Information Technology, stated: "Egypt has quickly become a leading hub for technology and digital services, driven by strategic vision, strong infrastructure, and a skilled, youthful workforce. Our success is built on RISE: Reliable talent with over 760,000 graduates yearly, including 50,000 ICT specialists; Infrastructure readiness; Strategic proximity; and an Efficient cost structure. At this year's Global Offshoring Summit, 55 international companies are expanding in Egypt, creating over 70,000 jobs in the next three years, reflecting global confidence in Egypt as a trusted partner."

Eng. Ahmed Elzaher, CEO of ITIDA, stated, "Signing 55 agreements with leading global and local players is a milestone for Egypt's digital economy. Three years since launching the Offshoring Strategy, we are grateful to our partners for establishing or expanding global delivery centers here - their success is our success. With Egypt's abundant talent, we are confident in reaching our full potential."

As Egypt celebrates these partnerships, their impact on the economy is significant. These agreements reflect strong confidence from major companies and reinforce Egypt's position as a leading offshoring destination, well-prepared to meet global market demands.

*Source:AETOSWire

View source version on businesswire.com: https://www.businesswire.com/news/home/20251113033856/en/

Contact

Khaled Tarek[email protected]

© 2025 Business Wire, Inc.Disclaimer:This press release is not a document produced by AFP. AFP shall not bear responsibility for its content. In case you have any questions about this press release, please refer to the contact person/entity mentioned in the text of the press release.