Economic diversification efforts have been a boon to Egypt’s digital transformation. The government is aiming to develop the country into a telecoms and tech centre on both a regional and global scale, guided by its ICT 2030 Strategy. Efforts are being made to strengthen the regulatory framework, including by addressing cyberthreats, while the...
The development of artificial intelligence (AI) – a term that was originally coined in 1955 to describe a nascent sub-discipline of computer science – is anticipated to reshape economies around the world over the coming decades. AI refers to a set of technologies and tools that allow users to make better decisions through algorithms, using...
As part of Egypt’s digital transformation, the country is working to digitalise government services and train Egyptian youth in technology and other specialisations to ensure the country has a qualified workforce to meet the shifting demands of employers. The Ministry of Communications and Information Technology (MCIT) has sought to create a...
Which policies can be adopted to encourage more private investment in special economic zones?
In comparison to many other industrial subsectors in Egypt that rely heavily on imported inputs, which grew more costly following the 2016 currency devaluation, the garment segment is able to use locally sourced materials. Foreign investors are attracted to the production base’s relatively affordable labour, lower electricity and water costs,...
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