Egypt has a unique chance to establish a compact yet practical software sector and become the IT hub. While its potential is rising, it can further expand beyond current levels. The combined efforts of the government, industry, financial institutions, and the education system will determine the industry’s development and contribution to Egypt’s economy.

Nascent Stage of Egypt’s Ware Industry

The software landscape in Egypt is still in its infancy, but it’s the end of diversity and variety, with both local and multinational players. About 28% of the population is engaged in educational programs, while the workforce comprises 19 million individuals (source).

Pro-business policies have spurred the software sector, attracting investments from companies like IBM, Intel, Valeo, and Oracle. These corporations have established facilities and expanded operations in Egypt, aided by favorable regulations.

Since 2005, Egypt has striven to become a preferred destination for intellectual capital investments, offering software development, business process outsourcing, and call center services. This drive has led to creating technology parks hosting over 130 multinational companies specializing in ICT, software development, outsourcing, and call centers.

Strengths and Opportunities in Egypt’s Ware Industry

Strengths:

• A burgeoning generation of well-educated IT graduates.

• Egypt’s diversity and language skills make it attractive to global companies seeking outsourcing or remote teams.

• Valuable technical know-how and capacity built from both local and multinational expertise.

• A young, competitive workforce equipped with current skills.

• Strong emphasis on education and technical training aligned with market trends.

• Competitive labor costs compared to other tech hubs.

• Advantageous time zone alignment with Europe and potential for a second shift for the United States.

• Strategic geographical location for collaboration across multiple time zones.

• A wealth of risk-taking entrepreneurs are driving innovation.

Opportunities:

• Establishing software business incubators, such as intelligent villages.

• Enhanced involvement of educational institutions and training centers.

• Local and multinational software vendors offer internships and scholarships.

• Software associations play active roles in promoting development companies.

• Government support at both macro and micro levels.

• Positive changes in tax policies, reduced telephone tariffs, and updated IP laws.

Egypt’s Suite of Software Excellence

Efforts to position Egypt as an intellectual capital investment hub have been ongoing since 2005, focusing on software development, business process outsourcing, and call center services. These endeavors have spurred the growth of high-tech infrastructure, with technology parks housing over 130 multinational companies engaged in ICT, software development, outsourcing, and call centers.

EvolvEvolvice’spective: Bridging Global Innovation with Local Talent

At Evolvice, we recognize the immense potential in Egypt’s growing software industry. Our commitment to a No-Borders Mentality, strict Standards, and Flexible Approach perfectly aligns with Egypt’s pursuit of excellence. We believe that by nurturing global collaboration and empowering local talent, we can unlock groundbreaking opportunities in Egypt’s Dynamic market.

Our team is passionate about supporting companies in tapping into Egypt’s growing IT sector. Whether you’re developing custom software, leveraging outsourcing solutions, or innovating through technology, Evolvice’s Outsourcing Services are designed to meet your needs with the precision and quality that define our brand. Learn more about ur company on our homepage.

For further insights into Egypt’s advancements and industry potential, check out resources from Egypt’s Information and Decision Support Center.