A Leap in Technology: Unveiling Egypt’s Tech Future at Cairo ICT ’24

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The session featured the signing of a Memorandum of Understanding between eFinance and Dell Technologies, focusing on advancing AI-based cloud computing solutions. This partnership underscores Egypt’s growing influence in the global tech landscape.
The session featured the signing of a Memorandum of Understanding between eFinance and Dell Technologies, focusing on advancing AI-based cloud computing solutions. This partnership underscores Egypt’s growing influence in the global tech landscape.
During the opening session of the Cairo ICT ’24 conference and exhibition, Osama Kamal, Chairman of Trade Fairs International, emphasized the transformative role of technology in Egypt. He highlighted the launch of the AIDC-Expo, the first exhibition in Egypt and globally dedicated to data centers, cloud computing, and artificial intelligence, showcasing the significant strides the sector has achieved. This event also represents a new phase in advancing Egypt’s market and strengthening its position as a regional hub for technological innovation.

In his address, Mr. Ossama Kamal welcomed H.E. Dr. Amr Talaat, Minister of Communications and Information Technology, and expressed gratitude for President Abdel Fattah El-Sisi’s directives, which have spurred a technological revolution in the sector. Since the President’s emphasis on prioritizing communications and technology, the industry has experienced rapid growth, laying the groundwork for further advancements in digital transformation.

Insights from Dr. Amr Talaat: Growth Beyond Expectations

Dr. Amr Talaat expressed pride in inaugurating the 28th edition of Cairo ICT alongside Prime Minister Dr. Mostafa Madbouly, representing President El-Sisi. During his speech, Talaat noted that Egypt’s ICT sector has evolved from a service-oriented industry to a productive and service-oriented one, driving economic growth. He highlighted that President El-Sisi recently recognized the ICT sector as a critical contributor to national income, employing over 175,000 professionals across more than 195 global companies and generating $3.7 billion annually through digital services.

The Minister detailed the sector’s economic impact, particularly in outsourcing services, which include call centers, programming, project implementation, semiconductor design, and embedded systems. He emphasized that the sector is now a major employment source for graduates from diverse disciplines, supported by extensive training programs.


Infrastructure and Service Milestones

Dr. Talaat outlined Egypt’s remarkable achievements in telecommunications infrastructure:

  • Internet speeds increased from 6.5 Mbps to 76 Mbps, while the number of towers expanded from 18,000 to 37,000.

  • Egypt Digital Platform now offers 170 digital services, serving over 8 million citizens.

  • Postal services have also grown, with over 4,090 offices nationwide.

These advancements underscore Egypt’s commitment to digital transformation while maintaining partnerships between public and private sector entities.


Industry Leaders Speak on Innovation

Ibrahim Sarhan, CEO of eFinance, expressed pride in the company’s pivotal role in automating Egypt’s public budget, valued at EGP 1.5 trillion, and offering over 200 government digital services. He revealed that eFinance is venturing further into data centers and cloud computing, aiming to expand its technological reach to Africa and the Arab world.

Michael Amin, SVP at Dell Technologies, praised Cairo ICT ‘24’s success, citing Egypt’s advancements in outsourcing, undersea cables, and AI. He stressed the transformative potential of generative AI, stating that by 2030, the digital economy in the Middle East and Africa could exceed $780 billion, with 50% of the global economy becoming digital. Dell Technologies is collaborating with governments and companies worldwide to harness AI’s potential, including its use in Egypt.


Regional and Global Collaborations

The session featured the signing of a Memorandum of Understanding between eFinance and Dell Technologies, focusing on advancing AI-based cloud computing solutions. This partnership underscores Egypt’s growing influence in the global tech landscape.

Hardy Pemhiwa, CEO of Cassava Technologies, highlighted the company’s contributions to undersea cable networks across Africa and its expansion into data centers and cloud computing. He expressed pride in Egypt’s role as a gateway for AI advancements into Africa, calling for greater collaboration across the continent.

Mohamed El-Mofty, Chairman of ICT Misr, described the company’s participation as a testament to Egypt’s rapid strides in integrated digital solutions, smart cities, and AI. Meanwhile, Taha Khalifa, Intel’s Regional Director for the Middle East and Africa, lauded the sector’s significant progress in digital infrastructure and workforce development, emphasizing the company’s focus on AI and generative AI, which is set to revolutionize global industries.


The Event of the Future

Held under the patronage of President Abdel Fattah El-Sisi, Cairo ICT ’24 runs from November 17–20, 2024, at the Egypt International Exhibition Center. Organized by Trade Fairs International and the United Media Services Company, this year’s theme, “The Next Wave,” explores cutting-edge technologies and future trends reshaping industries, economies, and societies.

Cairo ICT ’24 is supported by major sponsors, including Dell Technologies, eFinance, Huawei, Orange Egypt, EgyptAir, and MasterCard, among others, reinforcing its position as a premier event for global and regional technology leaders.

During the opening session of the Cairo ICT ’24 conference and exhibition, Osama Kamal, Chairman of Trade Fairs International, emphasized the transformative role of technology in Egypt. He highlighted the launch of the AIDC-Expo, the first exhibition in Egypt and globally dedicated to data centers, cloud computing, and artificial intelligence, showcasing the significant strides the sector has achieved. This event also represents a new phase in advancing Egypt’s market and strengthening its position as a regional hub for technological innovation.

In his address, Mr. Ossama Kamal welcomed H.E. Dr. Amr Talaat, Minister of Communications and Information Technology, and expressed gratitude for President Abdel Fattah El-Sisi’s directives, which have spurred a technological revolution in the sector. Since the President’s emphasis on prioritizing communications and technology, the industry has experienced rapid growth, laying the groundwork for further advancements in digital transformation.

Insights from Dr. Amr Talaat: Growth Beyond Expectations

Dr. Amr Talaat expressed pride in inaugurating the 28th edition of Cairo ICT alongside Prime Minister Dr. Mostafa Madbouly, representing President El-Sisi. During his speech, Talaat noted that Egypt’s ICT sector has evolved from a service-oriented industry to a productive and service-oriented one, driving economic growth. He highlighted that President El-Sisi recently recognized the ICT sector as a critical contributor to national income, employing over 175,000 professionals across more than 195 global companies and generating $3.7 billion annually through digital services.

The Minister detailed the sector’s economic impact, particularly in outsourcing services, which include call centers, programming, project implementation, semiconductor design, and embedded systems. He emphasized that the sector is now a major employment source for graduates from diverse disciplines, supported by extensive training programs.


Infrastructure and Service Milestones

Dr. Talaat outlined Egypt’s remarkable achievements in telecommunications infrastructure:

  • Internet speeds increased from 6.5 Mbps to 76 Mbps, while the number of towers expanded from 18,000 to 37,000.

  • Egypt Digital Platform now offers 170 digital services, serving over 8 million citizens.

  • Postal services have also grown, with over 4,090 offices nationwide.

These advancements underscore Egypt’s commitment to digital transformation while maintaining partnerships between public and private sector entities.


Industry Leaders Speak on Innovation

Ibrahim Sarhan, CEO of eFinance, expressed pride in the company’s pivotal role in automating Egypt’s public budget, valued at EGP 1.5 trillion, and offering over 200 government digital services. He revealed that eFinance is venturing further into data centers and cloud computing, aiming to expand its technological reach to Africa and the Arab world.

Michael Amin, SVP at Dell Technologies, praised Cairo ICT ‘24’s success, citing Egypt’s advancements in outsourcing, undersea cables, and AI. He stressed the transformative potential of generative AI, stating that by 2030, the digital economy in the Middle East and Africa could exceed $780 billion, with 50% of the global economy becoming digital. Dell Technologies is collaborating with governments and companies worldwide to harness AI’s potential, including its use in Egypt.


Regional and Global Collaborations

The session featured the signing of a Memorandum of Understanding between eFinance and Dell Technologies, focusing on advancing AI-based cloud computing solutions. This partnership underscores Egypt’s growing influence in the global tech landscape.

Hardy Pemhiwa, CEO of Cassava Technologies, highlighted the company’s contributions to undersea cable networks across Africa and its expansion into data centers and cloud computing. He expressed pride in Egypt’s role as a gateway for AI advancements into Africa, calling for greater collaboration across the continent.

Mohamed El-Mofty, Chairman of ICT Misr, described the company’s participation as a testament to Egypt’s rapid strides in integrated digital solutions, smart cities, and AI. Meanwhile, Taha Khalifa, Intel’s Regional Director for the Middle East and Africa, lauded the sector’s significant progress in digital infrastructure and workforce development, emphasizing the company’s focus on AI and generative AI, which is set to revolutionize global industries.


The Event of the Future

Held under the patronage of President Abdel Fattah El-Sisi, Cairo ICT ’24 runs from November 17–20, 2024, at the Egypt International Exhibition Center. Organized by Trade Fairs International and the United Media Services Company, this year’s theme, “The Next Wave,” explores cutting-edge technologies and future trends reshaping industries, economies, and societies.

Cairo ICT ’24 is supported by major sponsors, including Dell Technologies, eFinance, Huawei, Orange Egypt, EgyptAir, and MasterCard, among others, reinforcing its position as a premier event for global and regional technology leaders.

During the opening session of the Cairo ICT ’24 conference and exhibition, Osama Kamal, Chairman of Trade Fairs International, emphasized the transformative role of technology in Egypt. He highlighted the launch of the AIDC-Expo, the first exhibition in Egypt and globally dedicated to data centers, cloud computing, and artificial intelligence, showcasing the significant strides the sector has achieved. This event also represents a new phase in advancing Egypt’s market and strengthening its position as a regional hub for technological innovation.

In his address, Mr. Ossama Kamal welcomed H.E. Dr. Amr Talaat, Minister of Communications and Information Technology, and expressed gratitude for President Abdel Fattah El-Sisi’s directives, which have spurred a technological revolution in the sector. Since the President’s emphasis on prioritizing communications and technology, the industry has experienced rapid growth, laying the groundwork for further advancements in digital transformation.

Insights from Dr. Amr Talaat: Growth Beyond Expectations

Dr. Amr Talaat expressed pride in inaugurating the 28th edition of Cairo ICT alongside Prime Minister Dr. Mostafa Madbouly, representing President El-Sisi. During his speech, Talaat noted that Egypt’s ICT sector has evolved from a service-oriented industry to a productive and service-oriented one, driving economic growth. He highlighted that President El-Sisi recently recognized the ICT sector as a critical contributor to national income, employing over 175,000 professionals across more than 195 global companies and generating $3.7 billion annually through digital services.

The Minister detailed the sector’s economic impact, particularly in outsourcing services, which include call centers, programming, project implementation, semiconductor design, and embedded systems. He emphasized that the sector is now a major employment source for graduates from diverse disciplines, supported by extensive training programs.


Infrastructure and Service Milestones

Dr. Talaat outlined Egypt’s remarkable achievements in telecommunications infrastructure:

  • Internet speeds increased from 6.5 Mbps to 76 Mbps, while the number of towers expanded from 18,000 to 37,000.

  • Egypt Digital Platform now offers 170 digital services, serving over 8 million citizens.

  • Postal services have also grown, with over 4,090 offices nationwide.

These advancements underscore Egypt’s commitment to digital transformation while maintaining partnerships between public and private sector entities.


Industry Leaders Speak on Innovation

Ibrahim Sarhan, CEO of eFinance, expressed pride in the company’s pivotal role in automating Egypt’s public budget, valued at EGP 1.5 trillion, and offering over 200 government digital services. He revealed that eFinance is venturing further into data centers and cloud computing, aiming to expand its technological reach to Africa and the Arab world.

Michael Amin, SVP at Dell Technologies, praised Cairo ICT ‘24’s success, citing Egypt’s advancements in outsourcing, undersea cables, and AI. He stressed the transformative potential of generative AI, stating that by 2030, the digital economy in the Middle East and Africa could exceed $780 billion, with 50% of the global economy becoming digital. Dell Technologies is collaborating with governments and companies worldwide to harness AI’s potential, including its use in Egypt.


Regional and Global Collaborations

The session featured the signing of a Memorandum of Understanding between eFinance and Dell Technologies, focusing on advancing AI-based cloud computing solutions. This partnership underscores Egypt’s growing influence in the global tech landscape.

Hardy Pemhiwa, CEO of Cassava Technologies, highlighted the company’s contributions to undersea cable networks across Africa and its expansion into data centers and cloud computing. He expressed pride in Egypt’s role as a gateway for AI advancements into Africa, calling for greater collaboration across the continent.

Mohamed El-Mofty, Chairman of ICT Misr, described the company’s participation as a testament to Egypt’s rapid strides in integrated digital solutions, smart cities, and AI. Meanwhile, Taha Khalifa, Intel’s Regional Director for the Middle East and Africa, lauded the sector’s significant progress in digital infrastructure and workforce development, emphasizing the company’s focus on AI and generative AI, which is set to revolutionize global industries.


The Event of the Future

Held under the patronage of President Abdel Fattah El-Sisi, Cairo ICT ’24 runs from November 17–20, 2024, at the Egypt International Exhibition Center. Organized by Trade Fairs International and the United Media Services Company, this year’s theme, “The Next Wave,” explores cutting-edge technologies and future trends reshaping industries, economies, and societies.

Cairo ICT ’24 is supported by major sponsors, including Dell Technologies, eFinance, Huawei, Orange Egypt, EgyptAir, and MasterCard, among others, reinforcing its position as a premier event for global and regional technology leaders.