Egypt established itself as an outstanding location for IT and business process outsourcing. A variety of worldwide eminent companies benefit from Egypt’s unique blend of strengths. Whilst existent investors enlarge operations and new crowds show up, Egypt rapidly moves as an outsourcing star with an increasingly important role in ITO and BPO industries.
Egypt offers a wide variety of opportunities for investors seeking the right fit for their businesses along with an aspiringly growing innovation ecosystem. The government is taking large strides to smooth business, bolster investors’ confidence and develop the ICT industry. With the Egyptian IT Industry Development Agency, ITIDA, at the heart of its long-term commitment and support, Egypt is well on the way to achieving its vision to be among top five global outsourcing and offshoring destinations.
Its historic lands, located between two seas, are Africa’s access to Europe and gate to Asia. It is the most populous Arabic country, where youth represents half of its population. Around half a million graduate annually, with a huge portion being multilingual IT and business process services related talent pool. While Egypt has long been known for its competitive costs compared to other offshoring destinations, costs are now further more attractive with the currency devaluation in late 2016.
Recognizing the vast progress Egypt has made in the outsourcing landscape, the Global Sourcing Association (GSA) has granted Egypt the Outsourcing Destination of the Year 2016 Award. Check the Reports & Awards section to learn more about the global recognition of Egypt from leading advisory firms like Gartner, Frost & Sullivan and Capgemini Consulting, among others.