Skip to main content

Signal in the noise.

Egypt's Tech Exports Get a Big Boost: ITIDA and Export Fund Partner Up

Companies in these tech sectors will now get incentives to grow their exports and keep their teams employed. This exciting move aims to significantly boost Egypt's tech exports and attract more investments into high-value industries.

1 min read
Egypt's Tech Exports Get a Big Boost: ITIDA and Export Fund Partner Up

Eng. Raafat Hendy, Minister of Communications and Information Technology, and Dr. Mohamed Farid, Minister of Investment and Foreign Trade, witnessed the signing of a cooperation protocol between the Information Technology Industry Development Agency (ITIDA) and the Export Development Fund. The goal is to boost Egypt's exports of technology services by including them in the Export Development Program, which will help make Egyptian exports more competitive and increase their reach into international markets.

Eng. Raafat Hendy, Minister of Communications and Information Technology, and Dr. Mohamed Farid, Minister of Investment and Foreign Trade, witnessed the signing of a cooperation protocol between the Information Technology Industry Development Agency (ITIDA) and the Export Development Fund. The goal is to boost Egypt's exports of technology services by including them in the export development program. This will help make Egyptian exports more competitive and increase their reach into international markets.

Related editorial

  • Egypt Unveils Innovative Funding Plan for Infrastructure and Green Energy

    The Market and The Economy

    Egypt Unveils Innovative Funding Plan for Infrastructure and Green Energy

    Egypt is introducing an innovative financing mechanism, developed with the World Bank, to attract private investment for major infrastructure and renewable energy projects. This new approach aims to ease the burden on the state budget and significantly boost public-private partnerships, drawing on successful models from other countries.

    Jul 21, 20263 min read
  • Financial Inclusion is Empowering Women in Egypt: 53% of Microfinance Goes Their Way!

    The Market and The Economy

    Financial Inclusion is Empowering Women in Egypt: 53% of Microfinance Goes Their Way!

    The Financial Regulatory Authority (FRA) is making financial literacy a top priority in Egypt. They're working with local and international partners to boost financial awareness and help citizens, especially women, make smart money choices. This push for financial inclusion is truly changing the game for women's economic empowerment and driving sustainable development across the country.

    Jul 19, 20263 min read