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President of Egypt Calls for More Investments in ICT Industry

business . 

President Abdel Fattah El Sisi has issued a clear directive to the Egyptian government to significantly enhance efforts aimed at attracting both domestic and international investments into the country’s communications and information technology (ICT) sectors. This call to action was made during a strategic meeting with Prime Minister Mostafa Madbouly and Communications and Information Technology Minister Amr Talaat, where President Sisi emphasized the critical need for Egypt to elevate its position in global telecommunications rankings. His statement comes as part of a broader push to modernize and expand Egypt’s ICT infrastructure to meet the demands of the rapidly evolving digital economy.

During the meeting, President Sisi stressed the importance of improving internet services and expanding telecommunications infrastructure across the country. He made it clear that these improvements must ensure that all Egyptian citizens, regardless of their location, have access to high-quality and efficient telecommunications services. The president’s call for better connectivity and service quality is part of a larger strategy to foster inclusivity, ensuring that the benefits of digital services are accessible to everyone, including those in remote or underserved regions.

Central to President Sisi’s vision is the strengthening of both local and international investments in Egypt’s ICT sector. He emphasized that a concerted effort to attract foreign investments is essential in establishing Egypt as a leading regional hub for digital services, telecommunications, and IT activities. The president outlined that by fostering a favorable investment climate, Egypt can create new opportunities for innovation and economic growth, positioning itself as a key player in the global digital economy. The enhanced telecom services and infrastructure will not only benefit the country’s population but also attract international businesses and investors who see Egypt as a promising destination for technology-driven ventures.

In addition to these infrastructure goals, the meeting also included updates on the National Artificial Intelligence (AI) Strategy. This initiative, which is now entering its second phase, seeks to harness the power of AI to address pressing societal challenges across various sectors, including healthcare, education, and agriculture. The AI strategy aims to strengthen Egypt’s digital capabilities by integrating AI technologies into the country’s governance structures and business processes, thereby improving the efficiency and quality of public services. By advancing AI technologies, Egypt can better support the needs of its citizens and contribute to the global knowledge economy.

A significant aspect of this strategy involves improving the country’s digital infrastructure to support a diverse range of stakeholders, including government bodies, private enterprises, and small and medium-sized enterprises (SMEs). This will not only create a more competitive and dynamic business environment but also ensure that Egyptian businesses can leverage the latest technologies to innovate, grow, and remain competitive on the international stage. The development of AI-driven solutions will be pivotal in driving Egypt’s broader economic development goals, helping to create jobs, increase productivity, and improve the quality of life for citizens.

The meeting also provided an opportunity for the president to be briefed on other important initiatives, including ongoing digital transformation projects and the modernization of national post offices. One of the key focus areas was the expansion of mobile phone manufacturing within Egypt, which is seen as a critical step in boosting the country’s domestic technology production capacity. By increasing local manufacturing capabilities, Egypt can reduce its reliance on imports, create more jobs, and establish itself as a regional leader in mobile phone production.

As part of Egypt’s broader digital transformation vision, President Sisi highlighted the need for a fully integrated digital society. He emphasized that this requires not only enhancing digital services but also improving data governance and offering widespread digital skills training. This initiative is essential for ensuring that Egyptians are equipped with the necessary tools to thrive in the digital economy. To support this, the president called for the establishment of more applied technology schools and Digital Egypt Innovation Centers, which would provide youth with the skills they need to excel in the ICT and AI sectors. By fostering a highly skilled workforce, Egypt can ensure that its future labor force is prepared to meet the demands of the rapidly evolving global job market.

President Sisi also reiterated the importance of advancing programs focused on data protection, cybersecurity, and artificial intelligence, which are critical components in building trust in digital services and ensuring the security of Egypt’s growing digital infrastructure. He recognized that as the country continues to develop its digital economy, it is vital to implement robust security measures that protect both individuals and businesses from emerging threats in the cyber domain.

Finally, the president emphasized the need to attract more international research and development centers to Egypt, particularly those focused on advanced telecommunications and IT sectors. These centers are seen as crucial to driving the country’s technological progress and fostering innovation. By creating an environment that supports research and development, Egypt can accelerate the growth of its ICT sector, attract global talent, and position itself at the forefront of technological advancements in the region.

In conclusion, President Sisi’s directives highlight Egypt’s ambitious plans to modernize its ICT infrastructure, drive innovation through artificial intelligence, and establish itself as a regional leader in digital services and technology. Through these initiatives, Egypt aims to not only enhance its domestic capabilities but also become a key player in the global digital economy, creating new opportunities for growth, innovation, and job creation while ensuring the digital inclusion of all its citizens.

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