Egypt and Switzerland are taking new steps to expand their collaboration in the field of information and communication technology (ICT). The Egypt and Switzerland ICT cooperation aims to build stronger partnerships in offshoring, digital innovation, and investment. This move highlights both nations’ shared commitment to driving economic growth and strengthening their positions in the global technology landscape.
Business Meeting in Cairo Highlights Shared Vision
According to the General Authority for Investment and Free Zones (GAFI), a high-level Switzerland–Egypt business meeting was held in Cairo. The gathering brought together senior government officials, business leaders, and technology experts to explore new opportunities for cooperation. Discussions centered on digital transformation, investment facilitation, and expanding offshoring services.
Both countries emphasized their readiness to collaborate in fintech, artificial intelligence, and digital infrastructure development. The meeting also reinforced Egypt’s reputation as a regional technology hub and Switzerland’s growing interest in developing new global partnerships.
ITIDA Reaffirms Commitment to ICT Growth
The Information Technology Industry Development Agency (ITIDA) expressed its commitment to deepening bilateral collaboration. In a statement shared on LinkedIn, ITIDA noted that this partnership aligns with Egypt’s national strategy to strengthen its position as a global destination for technology outsourcing. The agency also highlighted Egypt’s skilled and multilingual workforce, which remains one of the nation’s strongest competitive advantages in the ICT sector.
Officials from both sides agreed to encourage greater engagement between the private sectors, focusing on knowledge sharing, training, and innovation-driven initiatives that can support sustainable digital growth.
SEE ALSO: Ethiopia and Qatar Explore Strategic Partnership for Investment and Development Ties
New Investment Pathways and Job Opportunities
The collaboration is expected to unlock new investment opportunities while promoting technology transfer and workforce development. Egypt’s expanding digital infrastructure and government-backed incentives make it an attractive destination for Swiss companies seeking to invest or outsource ICT services.
Swiss representatives praised Egypt’s progress in digital transformation and expressed interest in collaborating in areas such as cloud computing, cybersecurity, and data analytics. Both sides also discussed plans to develop talent through educational and training programs that equip young professionals with the skills needed for the future of work.
Looking Ahead
The Egypt and Switzerland ICT cooperation marks a promising step toward deeper bilateral ties between the two nations. By investing in innovation, fostering collaboration, and supporting offshoring opportunities, Egypt and Switzerland are setting the stage for sustainable growth and a stronger presence in the global digital economy.
