Egypt’s investments in ICT increase 20-fold in 9 years

Updated 2/14/2023 2:12:00 PM
Egypt’s investments in ICT increase 20-fold in 9 years

Arab Finance: Egypt doubled its investments in the information and communications technology sector (ICT) until it exceeded EGP 82 billion during the fiscal years (FY) from 2014/2015 to 2022/2023, an increase of 2,200%, planning minister Hala El-Said announced on February 14th.

El-Said’s remarks were made on the sidelines of her participation in the Arab Public Administration Forum, which is being held in Dubai from February 13th to 15th.

The minister said that Egypt, like the rest of the emerging markets, was severely affected by the global challenges that facing the world nowadays

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