رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

Central Bank of Egypt Hosts a Delegation from Zambia and Eswatini

In Coordination with the Alliance for Financial Inclusion

Central Bank of Egypt Hosts a Delegation from Zambia and Eswatini

The Visit Aimed to familiarize with the Egyptian Banking Sector’s Experience in the Fields of Sustainability and MSME’s Financing

Within the context of Egypt’s commitment to enhancing cooperation with African countries across various fields,

the Central Bank of Egypt (CBE) welcomed a delegation from Zambia and Eswatini for three days to learn about

the CBE and banking sector’s efforts in sustainable finance and Micro, Small,

and Medium Enterprises (MSMEs) financing.

The delegation’s visit was coordinated with the Alliance for Financial Inclusion (AFI)

with the aim to leverage on Egypt’s leading experience in promoting green financing

and establishing sustainable finance principles.

The delegation encompassed representatives from the Central Banks, the Ministries of Finance,

and several ministries and regulatory entities of the two countries.

During their visit, the Central Bank of Egypt presented a comprehensive overview of its regulatory framework devised

to actualize Egypt‘s Vision 2030.

The presentation highlighted the CBE’s unwavering efforts to support the state’s directives towards

the transition to sustainable economy that prioritizes social

and environmental aspects while promoting governance principles.

The delegation lauded Egypt’s remarkable progress in this fundamental arena.

The visit ended with a mutual commitment from all parties to strengthen future cooperation,

solidify mutual partnerships, and exchange expertise,

contributing to the achievement of shared goals and the realization of sustainable economic development.

The TriFactory organized “Tough Mudder Challenge” at Sodic East

With the participation of 1000 Athlete from 30 Nationalities The TriFactory organized “Tough Mudder Challenge” at Sodic East

Friday, October 18th, 2024 – The world-renowned obstacle course challenge,

Tough Mudder, returned once again on Friday, October 18th,

bringing high-energy excitement to SODIC Sports Club at SODIC East.

Organised by The TriFactory, this year’s event was proudly hosted by SODIC East

and saw participants of all ages pushing their limits throughout an exciting 5K course,

featuring 17 world-class obstacles.

وزارة الشباب والرياضة

Tough Mudder, celebrated internationally for its emphasis on physical strength,

mental grit, teamwork, and camaraderie, has been a staple event in Egypt since its introduction to the Egyptian market by The TriFactory in 2019.

This year, participants were once again pulled out of their comfort zones,

facing obstacles designed to challenge them both mentally and physically.

“We are thrilled to have brought Tough Mudder to SODIC East for the first time,

” said Ayman Hakky, Founder & CEO of The TriFactory.

“It’s always a pleasure partnering up with SODIC

and we are very happy with the turn-out in our very first edition at SODIC East.”

With a strong focus on teamwork and overcoming challenges,

the event attracted a diverse range of participants, from professional athletes to first-time mudders,

all coming together to conquer the course and cross the finish line.

The 5K course proved to be a demanding challenge,

welcoming those aged 13 and above.

The event was organised under the auspices of the Ministry of Youth & Sports,

which has consistently supported Tough Mudder since its introduction to Egypt.

The collaboration with SODIC East as the title sponsor added a new dimension to the event,

showcasing one of East Cairo’s most exciting new destinations

and enhancing the overall experience for all attendees.

In addition to the action-packed obstacle course race,

the event featured a vibrant atmosphere with music, food vendors,

and interactive sponsor booths, making it a perfect day out for participants and spectators alike.

As Tough Mudder continues to grow in popularity across Egypt,

The TriFactory looks forward to building on this year’s success

and exploring new opportunities for collaboration with SODIC East

and other partners in future editions.

Minister of CommunicationsExplores Innovation at Dell Technologies Center of Excellence in Egypt

Media Alert

Minister of Communications and Information Technology Explores Innovation at Dell Technologies Center of Excellence in Egypt

Egypt’s Minister of Communications and Information Technology H.E. Dr. Amr Talaat, and Eng. Ahmed El Zaher, CEO of ITIDA, visited Dell’s Center of Excellence (COE) as part of the country’s commitment to positioning itself as a leading global business and technology hub.

• Dell’s COE has served as a hub for technology investments in the region for over 15 years.

• The center plays a key role in driving Egypt‘s digital transformation agenda by offering world-class technology solutions, customer services, and knowledge transfer programs.

Cairo, Egypt – October 13, 2024: H.E. Dr. Amr Talaat, Egypt’s Minister of Communications and Information Technology (MCIT) and Eng. Ahmed El Zaher, CEO of ITIDA, today visited Dell’s Center of Excellence (COE). The visit is part of the Egypt’s ongoing commitment to accelerate its digital transformation agenda and strengthen its position as a global technology hub.

During the visit, the Minister and his delegation met with Dell’s regional leaders, reaffirming Egypt’s commitment to becoming a digital powerhouse and highlighting the pivotal role of AI in driving this transformation.

H.E. Dr. Amr Talaat, Minister of Communications and Information Technology,

highlighted the strategic importance of Egypt as a destination for offshoring, stating,

“The government remains committed to fostering a compelling investment climate within the ICT sector.

We are actively encouraging global companies to leverage the competitive advantages Egypt offers to fuel their growth while strengthening our position as a leading hub for outsourcing and

IT services exports. Moreover, we are committed to nurturing innovation as a cornerstone of our economic and social development.

Through robust collaborations with leading global tech companies, we are working diligently to realize our vision of a digital economy,

enhancing the competitiveness of Egypt’s ICT sector,

and creating abundant job opportunities for our youth across various IT disciplines.”

Dell’s Egypt COE commenced its operations in 2009 and is one of four global Dell Technologies’ Centers globally. Since its inception,

the COE serves markets across the Middle East, Africa, Europe, America, and Asia with over 12 languages,

leveraging Egypt’s distinct advantages as a central hub for technology innovation and IT services.

Eng. Ahmed El Zaher, CEO of the Information Technology Industry Development Agency (ITIDA) said:

“Egypt’s unique combination of a vast, young, and highly skilled talent pool, coupled with its strong

infrastructure and supportive government policies, makes it a prime destination for outsourcing services.

The 15-year success of Dell Technologies’ Center of Excellence in Egypt;

delivering latest technological solutions to businesses and organizations across the EMEA region,

is a testament to our country’s ability to foster a thriving environment for global delivery operations.

Our commitment to innovation, empowering businesses,

and reinforcing our position as a leading offshoring destination remains unwavering.”

Mohammed Amin, Senior Vice-President, Central Eastern Europe, Middle East,

Turkey and Africa (CEEMETA), Dell Technologies added:

“We are honored and proud to host H.E. Dr. Amr Talaat,

and Eng. Ahmed El Zaher at our Center of Excellence in Egypt.

I’m very proud of the success we have achieved and the positive impact we have made in the ICT industry through the COE,

which truly reflects our ambition to harness technology, including the rapid adoption of AI,

to drive human progress. AI is playing a transformative role in shaping Egypt’s digital future, and we are committed to advancing its integration for broader societal benefits. I would also like to extend my gratitude for the government’s continued support and dedication to our business operations and growth in the country.”

Beyond its operational success, the CoE is dedicated to bridging the digital divide in Egypt. The center leads various youth skill development programs and fosters collaborations with academic institutions to equip the next generation of talent with essential skills for the digital age.

Egypt has emerged as a tech talent hub in recent years, with its huge pool of highly skilled workforce and qualified IT professionals. The country produces around 740,000 university graduates per year, with a 28% of them in STEM fields.

Dell’s Center of Excellence in Egypt has been successful in receiving numerous patents and is a leading provider of services across project management, logistics,

content management, technical support, and pre-sales and post-sales.

Dell Technologies remains committed to transforming IT and helping customers shape their digital futures,

enhancing the global reputation of Egypt as a leading destination for technology innovation and services.