en.Wedoany.com Reported - Ernst & Young (EY) Middle East and North Africa (MENA) plans to establish a regional Information Technology Outsourcing (ITO) delivery center in Egypt, which will serve clients across the MENA region.
The Information Technology Industry Development Agency (ITIDA) in Egypt has previously signed a Memorandum of Understanding (MoU) with EY MENA, setting a framework for the company to expand its operations in Egypt, cultivate local digital talent, and enhance the country's export capacity for technology and consulting services. Over the next three years, this expansion is expected to create more than 1,000 jobs in consulting and advanced technology services.
Raafat Hendy held talks with EY MENA executives to discuss the expansion plans. During the meeting, Hendy stated that EY MENA's choice of Egypt for the regional ITO center reflects the country's growing attractiveness as a global destination for offshore technology service investments. He noted that this expansion highlights the competitiveness of Egypt's outsourcing industry and its ability to attract multinational corporations offering high-value digital services, while promoting technology exports and creating specialized employment opportunities.
The planned delivery center will offer a wide range of services from Egypt, including business consulting, risk management, human resources consulting, and organizational transformation. The center will also provide advanced technology solutions covering cybersecurity, digital engineering, data analytics, artificial intelligence (AI), business platforms, and digital transformation strategies, serving clients across the MENA region.
Omar Odeh described Egypt as a strategic hub for the company, praising its skilled young workforce, advanced digital infrastructure, and geographic location connecting regional and international markets. He added that the agreement with ITIDA reinforces EY MENA's long-term commitment to Egypt by supporting knowledge transfer, expanding local capabilities, and enabling Egyptian professionals to participate in major digital transformation projects in the region.
Ahmed Elzaher, CEO of ITIDA, stated that the agency is committed to promoting the expansion of global technology companies in Egypt by investing in skills development and nurturing young professionals to provide value-added digital services to regional and global markets. He noted that EY MENA's investment further solidifies Egypt's position as a competitive outsourcing destination, thanks to its strong pool of engineering talent.
Tamer Abul Azm said that the company's expansion goes beyond business growth, aiming to cultivate a new generation of Egyptian professionals with world-class consulting expertise. He added that the partnership with ITIDA will enhance digital skills, improve workforce readiness, and encourage more international companies to establish regional service delivery operations in Egypt.
This expansion is part of Egypt's broader strategy to position itself as a regional hub for technology services, digital transformation, and business consulting, leveraging its skilled workforce, competitive operating environment, and growing digital infrastructure.
