Egypt has highly recognized strength characteristics that grants a remarkable positioning among competing countries.
Egypt’s graduating talent pool of more than 500,000 students per year is considered one of the largest. This gives investors a talent base of skilled multilingual workforce at competitive cost.
Egypt’s cost is one of the most competitive in the world. The fully loaded operating cost is substantially lower than Eastern Europe and comparable to some of the lowest cost countries in the Far East.
Egypt’s strategic geographic location places it in a time zone aligned with Europe’s, and closer to the US & Canada than other offshoring destinations.
Egypt is set to become a Regional Hub for ICT based innovations and entrepreneurship.
Egypt’s governments in the last 2 decades have strongly supported ICT industry. Many government entities provide Investor Support Services providing guidance and support by assisting investors in setting up and developing their business, helping with incorporation, offering incentives, and facilitating work permits and technical approvals.
Gartner Identified Egypt as a Primary Destination for Sourcing and IT Services in EMEA by Gartner 2016 Report.
A.T. Kearney Global Services Location Index 2016, Ranked Egypt first in the Middle East and Africa and 16th globally.
Forbes ranked Egypt among top 10 countries around the world to launch start-ups, highlighting Cairo and Alexandria as start-up hubs.
EY ranked Egypt as the 2nd most attractive FDI destination in Africa during 2014.
Everest ranked Egypt among Major Contenders in the Group MAP Matrix for IT-ADM and Contact Centre.
WEF’s 2016 Global Competitiveness Index Ranking enhanced Egypt’s ranking for the first time since 2011.
Credit Rating Institutions such as Moody’s, Standard & Poor's s and Fitch upgraded Egypt’s outlook as stable.
Information Technology Industry Development Agency (ITIDA)