Technology is constantly evolving, and it’s important to stay up-to-date on the latest trends. In this article, we will discuss some of the most recent technology news in Egypt. We will cover a range of topics, from mobile app development to e-commerce. So whether you’re a business owner or just someone who’s interested in technology, read on for the latest news.
- Mobile app development is on the rise in Egypt. According to a recent study, the country ranks second in Africa for the number of mobile app developers and has seen significant growth over the past few years. This trend can be attributed to the increasing use of smartphones and demand for new and innovative apps.
- E-commerce companies are also experiencing growth in Egypt. These companies have made shopping more convenient and accessible, resulting in a boost in online sales. In fact, it has been predicted that e-commerce sales will reach $1 billion by 2020.
- Technology startups are gaining traction in Egypt, with some receiving funding from international investors. The government has also launched initiatives to support these startups, recognizing their potential for economic growth. One example is the Technology Innovation and Entrepreneurship Center (TIEC), which provides resources for tech startups to develop their ideas and connect with investors.
Overall, it is clear that technology plays a significant role in Egypt’s economy and will continue to do so in the future. Stay updated on these developments by keeping track of technology news in Egypt.
Why is technology important? Technology is driving innovation and growth in various industries, leading to more job opportunities and advancements in society. In Egypt, the tech sector has seen a boom in recent years with several startups making a mark on the global market.
Some notable examples include internet service provider Anpy Technology, e-commerce platform Souq(dot)com (now owned by Amazon), and online payment solution Fawry. These companies have not only brought success to themselves but also contribute to the economy as a whole.
The government has recognized the potential of technology in driving economic development. One initiative is the Technology Innovation and Entrepreneurship Center (TIEC), which supports tech startups by providing resources for idea development and connecting them with investors.
In addition to startups, established technology companies have also made their mark in Egypt. Technology giant Microsoft opened its first Africa Development Center in Cairo, providing jobs and contributing to the development of Egypt’s IT industry.
Keep up with the latest news and developments in Egypt’s tech scene by following local media outlets such as Enterprise magazine and Technology Leaders Magazine, attending events like the Technology Innovation & Entrepreneurship Conference (TIECON), or joining online communities like Cairo Hackerspace. Stay on top of the game and be a part of Egypt’s growing technology industry.
For more information on Technology news in Egypt, check online.