The Information Technology Industry Development Agency (Itida) and Jusfoun Big Data Information Group signed an MoU to establish an office for the company in Egypt, the Communications Ministry said in a statement. The company’s office in Egypt will export research and development services, software and applications development, and artificial intelligence research. Communications Minister Amr Talaat agreed with the company on signing a separate agreement in the next two months to establish a capacity-building academy in artificial intelligence, big data, and cloud computing. It will also work with state-owned Telecom Egypt to establish a cloud computing system through the data center.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…