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Egypt becoming more and more Attractive to IT Firms

by: Karen Cayamanda

Monday, July 26, 2010 | Outsourcing News |

In a relatively short span of time, Egypt has become a very favorable outsourcing location for IT companies.

Egypt a favourable environment for technical support outsourcing

With its low cost of living and a pool of highly skilled workers, the country now offers value similar to that of India when it comes to outsourcing costs, although the former still has its own advantages such as its geographic location, large number of graduates, and language skills. Banks like HSBC, IT firms such as Microsoft, and telecommunications companies including Vodafone and France Telecom have already set up operations in Egypt. 

“Factors such as the stability and growth of the Egypt economy; a concentrated pool of talent in Egypt and our historically strong relationship with the Egyptian government have all led to a favourable environment for the technical support of Microsoft Xbox to be located in Egypt,” said Aly Kamal, a spokesman for Microsoft Egypt.


Source:
http://www.thenational.ae

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