Egypt ICT Minister, Russian Delegation Discuss Investment Plans for Egypt ICT Sector

Egypt ICT Minister, Amr Talaat, hosted a Russian delegation led by Maxim Parshin, the Russian Deputy Minister of Digital Development, Communications, and Mass Media. The delegates are in Cairo over a trade mission on telecommunication technologies and digital solutions.

 The subject of the meeting was the investment opportunities open in the Egyptian ICT sector and the methods both countries can use to boost their cooperation in the field particularly with providing digital solutions and building digital capacity.

 Talaat evaluated the Digital Egypt Strategy goals of transforming into an integrated digital society based on digital transformation, digital skills, and digital innovation. He expressed the anticipation of attracting Russian companies to invest in the Egyptian ICT market. Talaat also added that his ministry is taking a “pyramid-shaped” approach to upskilling the different parts of society in various ICT areas.

 Furthermore, Talaat mentioned the Digital Egypt Builders Initiative (DEBI), which offers a Master’s degree in courses such as artificial intelligence and data science, automation and robotics, cybersecurity, and digital arts.

 The Russian Deputy Minister, Maxim Parshin pointed out Russia’s expertise in digitization and that Russia is the world’s top country in the field of cybersecurity.

 Parshin expressed Russia’s eagerness to collaborate and share expertise in the aforementioned fields with Egypt citing that there are about 50,000 Russian companies specialized in Information Technology.

 The Russian delegation was also present at a joint workshop organized by the Egyptian Information, Telecommunications, Electronics, and Software Alliance (EITESAL). Where topics revolving around the subject of digital solutions and Information Technology were also discussed. And about 25 Egyptian companies were in attendance.

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Mena Adediran
Mena Adediran is a student of Mass Communication, a writer and self-proclaimed waterbender. She loves poetry, art, music; and is keen on telling stories for a living.

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