Addressing the American Chamber of Commerce in Cairo, Talaat revealed that the sector’s contribution to GDP nearly doubled to 6% this year, maintaining a consistent growth rate between 14% and 16%.
Egypt has rapidly expanded its footprint as a global
outsourcing destination:
Industry Growth: The number of outsourcing firms rose from
90 to 240 in seven years, operating over 270 service centers.
Export Revenue: Outsourcing exports reached $4.8 billion in
2025, up from $2.4 billion in 2022.
Human Capital: Annual trainees increased from 4,000 in 2018
to 500,000 last year, with a target of 800,000 for 2025/26.
Job Creation: Recent deals with 55 global and local firms
are expected to generate 75,000 new jobs over the next three years.
The Minister highlighted a major shift in local
manufacturing and emerging tech:
Mobile Production: 15 international brands now manufacture
handsets in Egypt, with 40% local added value. Production is expected to jump
from 3.3 million units in 2024 to 10 million in 2025.
Artificial Intelligence: Egypt climbed 46 spots in the
Government AI Readiness Index. New AI applications are already being deployed
for early breast cancer detection and automated court transcription.
Since 2019, Egypt has invested $6 billion to modernize its
digital backbone:
Internet Speed: Average fixed broadband speeds increased
16-fold to 91.3 Mbps, making Egypt a regional leader.
Subsea Cables: Egypt now handles over 90% of data traffic
between Asia and Europe via 21 international cables, with six more under
construction.
Modern Services: The government has launched 5G services,
Wi-Fi Calling, and IoT for vehicles, while the "Digital Egypt"
platform now serves 10 million users.
Talaat emphasized that this progress is anchored by new legislative frameworks, including the Personal Data Protection Law and a "Cloud First" policy, aimed at cementing Egypt’s position as a regional technology hub.