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    Egypt’s agriculture exports rise 17.2 percent in 5 months

    Egypt’s agriculture exports rise 17.2 percent in 5 months

    Egypt secures $66 mln from EU, AFD to expand wheat storage

    Egypt secures $66 mln from EU, AFD to expand wheat storage

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    Agreements signed to establish 4 food factories in Jordan

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    Morocco set to launch potash project: report

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    Food Africa and pacprocess MEA to launch in December with an even larger area

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    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

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      Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

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      International investors keen on entering Saudi market, says minister

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      Egypt aims to enhance contribution of IT sector to GDP: Talaat

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      Saudi airports witness 42% rise in passengers in first 4 months of 2023

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        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Egypt invests $64mln in electricity network development in South Sinai since July 2014

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          Qatar: Over 700 hotel keys added in Q1

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          Saudi to be among world’s big leisure tourism hubs by 2030

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        • Agrofood
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          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Egypt secures $66 mln from EU, AFD to expand wheat storage

          Egypt secures $66 mln from EU, AFD to expand wheat storage

          Agreements signed to establish 4 food factories in Jordan

          Agreements signed to establish 4 food factories in Jordan

          Morocco set to launch potash project: report

          Morocco set to launch potash project: report

          Food Africa and pacprocess MEA to launch in December with an even larger area

          Food Africa and pacprocess MEA to launch in December with an even larger area

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Trending Tags

          • Business & Economy
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            • Business
            • Economy
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            Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

            Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

            International investors keen on entering Saudi market, says minister

            International investors keen on entering Saudi market, says minister

            Egypt aims to enhance contribution of IT sector to GDP: Talaat

            Egypt aims to enhance contribution of IT sector to GDP: Talaat

            Saudi airports witness 42% rise in passengers in first 4 months of 2023

            Saudi airports witness 42% rise in passengers in first 4 months of 2023

            Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

            Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

            Egypt starts implementation of silicon production project in New Alamein

            Egypt starts implementation of silicon production project in New Alamein

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
          • Construction
            • All
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            • Real Estate
            Oman gears up for its first smart city

            Oman gears up for its first smart city

            Saudi real estate ‘booming’ on big office space demand

            Saudi real estate ‘booming’ on big office space demand

            Value of Saudi construction contracts jump 35% to $51.3bn: report

            Value of Saudi construction contracts jump 35% to $51.3bn: report

            Qatar to implement new strategies for real estate development

            Qatar to implement new strategies for real estate development

            Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

            Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

            Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

            Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

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            • Energy
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              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Egypt invests $64mln in electricity network development in South Sinai since July 2014

              Egypt invests $64mln in electricity network development in South Sinai since July 2014

              First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

              First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

              Oman’s refinery products output jumps by 44%

              Oman’s refinery products output jumps by 44%

              Iraq agrees to 30% stake in TotalEnergies $27bln energy project

              Iraq agrees to 30% stake in TotalEnergies $27bln energy project

              Oman signs $20bn hydrogen deals

              Oman signs $20bn hydrogen deals

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              • Hospitality
                Qatar: Over 700 hotel keys added in Q1

                Qatar: Over 700 hotel keys added in Q1

                Jordan’s tourism income surges 88% as visitors flock to the country

                Jordan’s tourism income surges 88% as visitors flock to the country

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Leisure sector in Qatar stronger after World Cup 2022

                Leisure sector in Qatar stronger after World Cup 2022

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

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              Egypt aims to enhance contribution of IT sector to GDP: Talaat

              Intensive efforts are made by the ministry to enhance Egypt’s position as a leading destination for cross-border information technology services.

              May 24, 2023
              in IT & Telecom, Technology
              0
              Egypt aims to enhance contribution of IT sector to GDP: Talaat
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              Amr Talaat, Minister of Communications and Information Technology, affirmed that Egypt’s digital strategy aims to enhance the contribution of the communications and information technology sector to the gross domestic product, attract foreign investments, and support Egypt’s capabilities in the field of international connectivity. This came in a speech delivered by Talaat during the meeting organized by the American Chamber of Commerce in Cairo.

              Talaat explained the intensive efforts made by the ministry to enhance Egypt’s position as a leading destination for cross-border information technology services, which resulted in an increase in the volume of digital exports to reach $4.9bn, and the signing of agreements with 29 international companies that add export revenues worth $1bn annually by 2025 and provide 34,000 job opportunities for young people to serve global markets through 35 centres for exporting information technology services; referring to the investment incentives provided to international companies specialized in the field of cross-border services to encourage them to create new export-oriented job opportunities, in addition to providing training support incentives. He added that capacity-building programs are being implemented in the field of electronic design, which will contribute to increasing the number of specialists in this field by 65% by the end of 2023, thus contributing to attracting more electronic design centers and maximizing exports in this field.

              He indicated that the communications and information technology sector achieved a growth rate of 16.3%. He explained the reform measures that have been taken to create a supportive environment for business development in the telecommunications and information technology sector, which include the issuance of the Information Technology Crimes Law and the Personal Data Protection Law.

              Talaat pointed out that Egypt’s ranking in ADSL speed has advanced to become the first in Africa in average fixed internet speed in the current year, with an average speed of 45 Mbps, compared to the 40th position in early 2019, according to Oocla International; noting that more than 90% of the data traffic between Asia and Europe passes through Egypt through 14 submarine cables, and 5 new submarine cables are currently under construction.

              He emphasized the Ministry of Communications and Information Technology’s keenness to support technological innovation through the implementation of a project to spread Egypt’s Digital Innovation Centers throughout the Republic, noting that it hosted 24 electronic design companies at the Innovation Center in Knowledge City, in the New Administrative Capital.

              After his speech, Talaat conducted an open dialogue with members of the American Chamber of Commerce in Cairo. Amr Talaat indicated that work is underway to issue the Data Classification Law and the “Cloud First Policy”; explaining that community discussions and dialogues will be held with companies and civil society organizations to ensure reaching a formula that achieves the public interest.

              In a related context, Talaat met with Marissa Lago, US Deputy Secretary of Commerce, to discuss ways to enhance cooperation between Egypt and the United States in a number of fields, most notably: digital transformation, digital capacity building, data centres, outsourcing, and postal services.

              The two sides discussed the exchange of experiences in the fields of the fourth generation of Industry and the regulatory aspects related to modern technologies. They also discussed opportunities to attract American small and medium companies to invest in Egypt, in addition to discussing strengthening technical and scientific cooperation with American research and development centres in artificial intelligence projects.

              Source: Zawya
              Tags: Amr TalaatcommunicationEgyptITtechnology
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