Egypt is considered as a world-class destination
for IT, Contact Center and Business Process
Outsourcing, mainly for cost saving reasons.
Egyptians are abundantly technical, skilled and are
uniquely multilingual. Egypt's geographical location
is strategic and is naturally at the crossroads of
Europe, Asia and Africa.
1) Abundant and
Multi-Lingual Talent Supply
Egypt is the
second talented pool amongst off-shoring
destinations in the EMEA region and is the largest
talent pool amongst all Arabic speaking countries.
Approximately 31,000 fluent students in the Western
European languages graduate from Egyptian
universities every year. Besides the Arabic and
English languages, many graduate and are fluent in
French, German, Spanish and Italian.
2)
Competitive Cost
Egypt is one the most
competitive locations in cost savings for service
delivery centers in the world. Egypt is also more
cost effective than the Eastern European and Indian
module, as well as providing exceptional and high
professional talented resources.
3) A
Friendly/Strategic Location
Egypt is an
ideal place for IT, Contact Center and Business
Process Outsourcing, because of its strategic
location and
friendly environment.
4) Favorable
Business Environment
The pace of reforms
has accelerated over the past years making Egypt
quite attractive
for foreign
investments.
- The cost of Business start-up has
reduced in Egypt.
- Incorporation time slashed to
an average of 72 hours.
- Our
one-stop-shop situated at various locations
throughout the country.
- New commercial court
system / anti-money laundering and anti-trust laws
implemented.
- Egypt's annual Inflation rate in
January 2013 became 6.27% from 8.60% in January
2012.
5) Ongoing Investment and Support
With an on-going successful partnership,
investment and support between the Egyptian Ministry
of Communications and Information of Technology
(MCIT), the private sector, ITIDA (which reports to
MCIT) much development has occured in the IT industry in Egypt
which in return attracts significant foreign
investments to Egypt.
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