A dynamic scene showcasing Egypt's ICT sector advancements, with digital innovation centers, fiber optic cables, and modern mobile towers. The background

Egypt Targets ICT Sector Growth to 8% of GDP by 2030

Egypt plans to boost its ICT sector’s contribution to GDP from 5.8% to 8% by 2030. Minister Amr Talaat emphasized strategic collaborations and investments in submarine cables, cloud computing, and local mobile manufacturing. Initiatives include training programs for 500,000 ICT professionals annually, expanding digital innovation centers, and enhancing digital infrastructure, including broadband coverage and fiber optic networks, to support these goals.

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Telcos and Fintech: Transforming the Financial Landscape

Telecom companies are expanding into fintech, offering digital wallets, cross-border payments, and financial services. By leveraging customer data and payment infrastructures, they are enhancing financial inclusion and creating seamless, secure financial experiences. This collaboration between telecom and fintech sectors is transforming the digital economy and offering new growth opportunities.

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