In this Factsheet, we will screen the latest statistics defining the digital landscape in Egypt, while highlighting the country’s global position.

The Egyptian tourism industry is embracing the power of digital transformation to enhance visitor experiences and streamline operations. With its rich history and cultural heritage, Egypt can benefit significantly from artificial intelligence (AI) applications like augmented reality (AR). However, while AI offers substantial economic potential, challenges remain in its implementation. Addressing these hurdles presents both risks and opportunities for investment and development, paving the way for a brighter future in Egypt's tourism.

GoDaddy has introduced GoDaddy Airo, an AI-powered tool designed to help small and medium-sized businesses (SMBs) in Egypt build a strong online presence quickly and easily.

M42, an Abu Dhabi-based AI-driven healthcare firm, is considering new expansion opportunities in Egypt as part of its strategy to extend its advanced healthcare services globally.

Beltone Holding has successfully wrapped up its first AI Hackathon, in collaboration with the Mathematics, Actuarial, and Data Science Association (MADS) at the American University in Cairo (AUC).

Talaat Moustafa Group Holding (TMG Holding) has partnered with Huawei to integrate AI-powered cloud technology in its Noor City project, located East Cairo.

GoDaddy has launched new AI-powered digital marketing tools to help entrepreneurs get found online

IBM and Intel have announced a global partnership to introduce Intel® Gaudi® 3 AI accelerators as a service on IBM Cloud.

valU, a subsidiary of EFG Holding, has joined forces with Hive Analytics, a digital marketing firm with operations spanning MENA and the US, to back Egypt's AI enthusiasts and professionals.

The Egyptian Ministry of Communications and Information Technology, represented by the Applied Innovation Center (AIC), has signed an agreement with AstraZeneca Egypt to develop AI-powered healthcare solutions.

Capgemini has been recognized as a ‘Leader’ by reference clients in The Forrester WaveTM: AI services, Q2 2024 report.

The Egyptian Minister of Communications and Information Amr Talaat and Jordan's Minister of Digital Economy and Entrepreneurship Ahmad Hanandeh have agreed on advancing cooperation and experience exchange as per the memorandum of understanding (MoU) signed in March 2021.

President Abdel Fattah El-Sisi has witnessed the opening of the Government Data and Cloud Computing Center.

The British Egyptian Business Association (BEBA) has organized a panel discussion titled ‘’The New Era of Artificial Intelligence: Challenges and Opportunities’’ on April 23rd.

The Financial Regulatory Authority (FRA) has proposed amendments to the Capital Market Law’s executive regulations to the Cabinet, introducing rules for the launch of hedge funds.

Egypt has mulled cooperation opportunities with Italy in the fields of petroleum, oil, mining, critical minerals, and new and renewable energy.

This collaboration set the scene for remarkable advancements in edge artificial intelligence (AI) and digital twin technologies.

Egypt has been supporting digital transformation and innovation to enhance the economy. As a way to digitalize its banking system, the Central Bank of Egypt (CBE) issued rules in July for licensing, registering, monitoring, and supervising digital banks. This comes as digital banking enables customers the flexibility to access their banking services anytime, anywhere. As the CBE licenses it, the digital banking sector comes with opportunities and challenges that need to be faced.

The National Council for Artificial Intelligence announced the launch of the country’s charter for the responsible use of Artificial Intelligence (AF), Egypt’s Communications and Information Technology stated on April 20th.