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Egypt’s IT Sector Surges as Global Firms Expand Operations

Egypt has solidified its position as a leading destination for IT outsourcing and offshoring in 2026, with multinational companies increasingly relocating customer service, software development, and back-office operations to the North African nation. This shift is driving significant job creation and foreign currency inflows, bolstering Egypt’s economic resilience amid global market uncertainties.

Industry analysts attribute the growth to Egypt’s strategic geographic position bridging Europe, Africa, and the Middle East, coupled with a multilingual workforce of over 500,000 professionals. Government incentives under the Vision 2030 development plan have further accelerated investments, with digital exports now constituting 6% of GDP compared to 3.2% in 2018.

"The combination of operational efficiency and talent diversity makes Egypt unmatched in the region," said Iyad Hafez, CEO of Staff Arabia Group. "We’re seeing hard currency inflows through salaries and infrastructure investments that directly strengthen the national economy."

Recent agreements with foreign investors are projected to create 75,000 new jobs by 2029, building on the 4.8 billion USD in offshoring revenues recorded last year. While challenges persist in digital infrastructure, authorities are implementing broadband expansion projects to support the sector’s 2030 target of quadrupling tech exports.

Economists highlight the transformation’s broader implications. "This isn’t just about call centers," noted Ain Shams University professor Yomna Al Hamaky. "Egypt is cultivating high-value expertise in AI solutions and fintech platforms that will define its economic future."

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