{"id":622555,"date":"2018-10-04T04:23:40","date_gmt":"2018-10-04T04:23:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/"},"modified":"2018-10-04T04:23:40","modified_gmt":"2018-10-04T04:23:40","slug":"egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/","title":{"rendered":"Egypt and other MENA countries can \u201cleapfrog\u201d into the digital age"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Egypt and other countries in the MENA region have what it takes to \u201cleapfrog into the digital future,\u201d<\/strong> according to a recent report from the World Bank. Apart from having large populations of educated youth \u201cthat have already adopted new digital and mobile technologies on a wide scale,\u201d there is a lot of room for growth in MENA countries. In countries like Egypt \u2014 where GDP is seen growing by 5.3% this fiscal year, 5.6% in FY2019-2020, and 5.8% the year after \u2014 work is already in progress to introduce new policies and regulations to govern mobile payment systems. Egypt, however, still lacks \u201cregulatory clarification on permissible activities...which will continue to stifle market innovation,\u201d according to the report, which suggests as well that <strong>more focused and responsible investment<\/strong> in digital payments and financial tech platforms can help accelerate the growth of the region\u2019s wider digital economy. The full report, \u201cA New Economy for the Middle East and North Africa,\u201d <a href=\"https:\/\/openknowledge.worldbank.org\/bitstream\/handle\/10986\/30436\/9781464813672.pdf\">can be found here (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt and other countries in the MENA region have what it takes to \u201cleapfrog into the digital future,\u201d according to a recent report from the World Bank. Apart from having large populations of educated youth \u201cthat have already adopted new digital and mobile technologies on a wide scale,\u201d there is a lot of room for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622555","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"01cd415a-581a-4867-b955-c21a1fd77e4b","order":"0","is_powered_by":true,"section_story_id":"303d08b2-70eb-4816-aadc-77ff373e1d7b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622537],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt and other MENA countries can \u201cleapfrog\u201d into the digital age - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt and other MENA countries can \u201cleapfrog\u201d into the digital age\" \/>\n<meta property=\"og:description\" content=\"Egypt and other countries in the MENA region have what it takes to \u201cleapfrog into the digital future,\u201d according to a recent report from the World Bank. Apart from having large populations of educated youth \u201cthat have already adopted new digital and mobile technologies on a wide scale,\u201d there is a lot of room for [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-04T04:23:40+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt and other MENA countries can \u201cleapfrog\u201d into the digital age\",\"datePublished\":\"2018-10-04T04:23:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/\"},\"wordCount\":173,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/04\/egypt-and-other-mena-countries-can-leapfrog-into-the-digital-age\/\",\"name\":\"Egypt and other MENA countries can \u201cleapfrog\u201d into the digital age - 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Morocco is expected to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566036,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/1-outsourcing-destination-in-mena-ladies-and-gents\/","url_meta":{"origin":622555,"position":1},"title":"#1 outsourcing destination in MENA, ladies and gents","author":"enterpriseam admin","date":"24 May 2021","format":false,"excerpt":"Egypt retains its position as the most attractive outsourcing and offshore operations in the MENA, ranking 15th in global management consultancy AT Kearney\u2019s Global Services Location Index 2021. Egypt was also the only MENA country to make it to the top 20 of the index, with UAE ranking 25th and\u2026","rel":"","context":"In &quot;SPEED ROUND: ICT&quot;","block_context":{"text":"SPEED ROUND: ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/432.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572772,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/08\/egypt-tops-mena-fdi-charts-in-2019-with-usd-13-7-bn\/","url_meta":{"origin":622555,"position":2},"title":"Egypt tops MENA FDI charts in 2019 with USD 13.7 bn","author":"enterpriseam admin","date":"8 July 2020","format":false,"excerpt":"Egypt was the top destination in MENA for FDI last year: Egypt attracted USD 13.7 bn worth of foreign direct investments(FDI) in 2019, putting it atop the Middle East and North Africa region league table, according to a report from the Arab Investment and Export Credit Guarantee Corporation (Dhaman). FDI\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/47.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592061,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/egypt-tops-african-countries-in-vc-transactions-in-2019-says-venture-burn\/","url_meta":{"origin":622555,"position":3},"title":"Egypt tops African countries in VC transactions in 2019, says Venture Burn","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"Egypt tops African countries in disclosed VC transactions in 2019: Egyptian startups received the biggest number and funding value of venture capital (VC) transactions that went to early-stage African startups in 2019, according to Venture Burn. Egypt accounted for 27% of disclosed transactions by volume and 25% by value. The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/1210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571161,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/03\/mena-fund-managers-plan-to-increase-their-exposure-to-egypt-this-quarter\/","url_meta":{"origin":622555,"position":4},"title":"MENA fund managers plan to increase their exposure to Egypt this quarter","author":"enterpriseam admin","date":"3 May 2020","format":false,"excerpt":"MENA fund managers plan to increase their exposure to Egypt over the next three months, according to a Reuters poll. The majority of managers are bullish on investments in Egypt despite the market\u2019s \u201cexposure\u201d to the economic fallout caused by covid-19, including a drop in tourism and remittances, both of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568638,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/29\/world-bank-ifc-launch-advisory-program-in-mena-including-egypt-to-improve-msme-access-to-finance\/","url_meta":{"origin":622555,"position":5},"title":"World Bank, IFC launch advisory program in MENA, including Egypt, to improve MSME access to finance","author":"enterpriseam admin","date":"29 January 2020","format":false,"excerpt":"World Bank, IFC launch advisory program in MENA to improve MSME access to finance: The World Bank Group and the International Finance Corporation (IFC) are launching the second phase of an advisory program to improve access to finance for micro, small, and medium enterprises (MSMEs) in MENA countries including Egypt,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=622555"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622555\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622537"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622555"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622555"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}