Communications Minister inaugurates innovation centre of PwC with $10mln investments: Egypt

Communications Minister inaugurates innovation centre of PwC with $10mln investments: Egypt

Minister of Communications and Information Technology Amr Talaat inaugurated the Egypt Technology and Innovation Centre (ETIC) of the British company PwC specialized in the field of professional consulting and services, which was equipped in Cairo with investments of $10m, through it, the company aims to innovate and apply digital solutions in key areas such as cloud services, data analytics, and cybersecurity, and make them available in the Egyptian market and exported to the company’s clients in the Middle East and European markets.

The ETIC has hired 400 technology experts so far. The centre will provide 5,000 job opportunities until 2025, and will achieve digital exports worth $300m over 3 years.

Technology experts at the center will work with PwC consulting teams across the Middle East, the United Kingdom, Germany and the Netherlands to develop technology solutions focused on enterprise applications, which will contribute to supporting the growth of PwC’s business in the areas of data science and data analytics, cyber security, and artificial intelligence.

Amr Talaat, Minister of Communications and Information Technology, said that the interest of international companies, including PwC, to invest in Egypt and employ Egyptian youth in its centers specialized in developing advanced technologies reflects Egypt’s distinguished position on the