ICT Minister Yasser El Kady has revealed a new national strategy to turn Egypt into a "global data center hub,” according to the State Information Service (SIS). El Kady said yesterday that the strategy aims to attract more investments and data centers to Egypt. State-owned monopoly Telecom Egypt said last week that it was looking to make data centers account for 25% of its revenues within five years’ time. Chief Business Officer Muhammad Sameh told reporters this was the “natural course” of development for the telecom company. The thought of that final notion truly frightens us.
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