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EY MENA Launches Regional Consulting and Technology Hub in Egypt
๐Ÿ‡ช๐Ÿ‡ฌ Egypt /Economy & Trade

EY MENA Launches Regional Consulting and Technology Hub in Egypt

From Egypt Independent · () English

Summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • EY Middle East and North Africa (EY MENA) has launched a regional consulting and technology hub in Egypt.
  • The initiative, in partnership with Egypt's ITIDA, aims to create over 1,000 jobs.
  • The hub will expand technology and consulting exports from Egypt, leveraging its skilled workforce.

EY Middle East and North Africa (EY MENA) has officially launched a new regional consulting and technology hub located in Egypt. This strategic move signals EY's commitment to expanding its operations within the region and capitalizing on Egypt's growing potential in the technology and consulting sectors.

EY Middle East and North Africa (EY MENA) has launched a regional consulting and technology hub in Egypt.

โ€” EY MENAAnnouncement of the new regional hub.

The establishment of the hub is the result of an agreement with Egypt's Information Technology Industry Development Agency (ITIDA). This collaboration is expected to generate more than 1,000 job opportunities within Egypt. Furthermore, the initiative aims to bolster the country's technology and consulting exports, positioning Egypt as a key player in the global market for these services.

Agreement with Egyptโ€™s ITIDA to create more than 1,000 jobs and expand technology and consulting exports

โ€” EY MENADetails of the partnership with ITIDA.

EY MENA selected Egypt as the location for this significant expansion due to the country's deep pool of skilled talent and its robust engineering capabilities. The decision underscores Egypt's increasing importance as a destination for offshoring business and technological development. The hub is set to commence operations from Cairo, further solidifying the city's role as a center for regional business and innovation.

The company selects Egypt as offshoring business grows, underpinned by skilled talent and engineering depth

โ€” EY MENAReasoning behind choosing Egypt for the hub.
DistantNews Editorial

Originally published by Egypt Independent. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.