Talabat Egypt and N GAGE Consulting organized a panel discussion focused on improving Egypt’s investment climate in the technology sector. Key stakeholders emphasized government-private partnerships, addressing industry challenges, and developing a skilled workforce. The IT sector is rapidly growing, generating significant revenues. Talabat Egypt aims to support the economy through these initiatives, ensuring a conducive environment for technology investments.
Talabat Egypt, a prominent online ordering platform in the MENA region, held a panel discussion titled “Enhancing Egypt’s Investment Climate with a Special Focus on Technology Investment” in partnership with N GAGE Consulting. This event intended to improve communication channels between the government and private sector, featuring notable attendees such as Hossam Heiba from GAFI, Eng. Ahmed El Zaher from ITIDA, and Dr. Heba Saleh from ITI, alongside various parliament members and industry representatives.
The discussion aligns with the Egyptian government’s mission to cultivate an investment-friendly environment that lures capital and encourages sustainable growth. The information technology sector has notably emerged as the fastest-growing industry in Egypt, reporting a 14.4% growth in the fiscal year 2023-2024, totaling revenues of EGP 315 billion.
This roundtable exemplifies Talabat Egypt’s commitment to bolstering the national economy through technology investment, which is essential for adapting to and overcoming future global challenges. The company appreciates the government’s role in creating a conducive digital infrastructure and legislative framework to attract investments within the technology sector.
Key visions and strategies discussed at the roundtable included fostering an inviting investment atmosphere in the technology sector, alongside addressing financial policies and regulatory frameworks that affect business conditions. The dialogue also explored solutions for enhancing e-commerce in Egypt and outlined essential regulatory reforms to promote investment and cooperation between government and private enterprises.
The meeting emphasized the importance of government-private sector collaborations in stimulating innovation within the industry. It also acknowledged the paramount need for equipping young professionals with vital skills to address workforce shortages, which is a persistent challenge in the technology sector.
About Talabat Egypt: Talabat is a leading online ordering technology platform across the MENA region, supporting food delivery and retail marketing. The company’s operations span multiple countries, including the UAE, Kuwait, Qatar, and Egypt. Talabat is dedicated to assisting local businesses while ensuring a convenient shopping experience for customers through secure payment options and efficient delivery, including a grocery service available in over 26 cities.
In conclusion, the collaboration between Talabat Egypt and N GAGE Consulting signifies a strong commitment to enhancing Egypt’s investment climate, especially in technology. By fostering partnerships between the government and private sectors, addressing regulatory challenges, and equipping the workforce, there is a concerted effort to drive innovation and resilience in the economy, ensuring sustainable growth in a rapidly changing global landscape.
Original Source: www.zawya.com
