Cairo Chamber of Commerce

Newsletter

Egypt’s digital exports hit $4.9bln in 2022

Newspaper Title: www.zawya.com

Newspaper Number:

Friday - 6 January 2023

Egypt’s digital services exports hit $4.9 billion in 2022, the Ministry of Communications and Information Technology said in a statement on January 4th.

The statement added that the sector’s contribution to the gross domestic product (GDP) had reached 5%.

Last year witnessed the opening of 8 digital innovation centers in 8 governorates with more than $600 million in investments in emerging technology companies.

Egypt's digital strategy for the outsourcing industry was also launched in 2022. An agreement was reached with 48 companies to invest in the Egyptian market and expand in exporting outsourcing and value-added services.