At the AmCham Investment Conference, Egypt’s ITIDA CEO Ahmed El-Zaher highlighted Egypt’s growing role in digital business services and innovation. The country’s strategic location, skilled workforce, and government initiatives make it an attractive hub for global investments, offering significant opportunities in IT offshoring and digital skills development.
Egypt’s Ministry of Trade and Industry has launched the ‘Investor Support’ app to streamline investor complaints and inquiries. Available for Android, the app allows investors to register, submit complaints, track status, and receive follow-ups. The initiative aligns with Egypt’s push for digital transformation in industrial and trade sectors.
The Nclude Fund, with over $105 million in capital, has invested $24.5 million into 8 fintech startups, boosting Egypt’s fintech sector. Managed by Development Partners International (DPI), the fund aims to encourage foreign investment and position Egypt as the MENA region’s fintech innovation hub.
