logo
Communications Minister inaugurates Intelcia's new regional HQ in Egypt

Communications Minister inaugurates Intelcia's new regional HQ in Egypt

Minister of Communications and Information Technology Amr Talaat has inaugurated the new regional headquarters of Intelcia in Sheikh Zayed City, Giza. Intelcia, a global leader in outsourcing services, continues to expand its presence in Egypt, reaffirming the country's position as a regional hub for business process outsourcing (BPO) and customer experience services.
Intelcia Egypt currently serves clients across the United States, Europe, and the Gulf region, offering a wide range of multilingual services in seven languages. The company plans to create 1,300 new direct jobs by 2026, which will bring its local workforce to nearly 4,000 professionals. As part of its expansion strategy, Intelcia will open two additional service centres in Greater Cairo and Alexandria, raising its total number of locations in Egypt to four.
Talaat emphasized that the expansion reflects Intelcia's confidence in Egypt's talent pool, particularly the country's youth, who are skilled in delivering high-quality multilingual outsourcing services. He highlighted that Egypt graduates more than 750,000 university students annually and that the ministry is actively working to upskill youth from diverse academic backgrounds to meet the needs of the global outsourcing market.
'Egypt's competitive edge lies in its human capital,' Talaat said. 'Our digital workforce is a key driver of the nation's positioning as a leading outsourcing destination.'
Karim Bernoussi, Co-founder and CEO of Intelcia Group, described the opening of the new headquarters as a milestone in the company's strategy for sustainable global growth. 'Egypt offers a fertile ground for innovation, thanks to its supportive investment climate and a wealth of professional talent,' he noted.
Ahmed Elzaher, CEO of the Information Technology Industry Development Agency (ITIDA), stated that Egypt's value proposition in outsourcing goes beyond cost competitiveness. 'Our ecosystem is driven by a dynamic, tech-savvy workforce and a trusted business environment,' he said, adding that Egypt has emerged as a preferred destination for both nearshore and offshore services.
Mohamed Slimani, CEO of Intelcia's operations in the Americas and English-speaking markets, stressed that Egypt serves not just as an investment destination but as a strategic base for cross-border service delivery. 'Our centres in Greater Cairo and Alexandria are pivotal to Intelcia's multilingual, omnichannel solutions—powered by Egypt's high-calibre talent,' he said.
Intelcia first entered the Egyptian market in early 2023 with a service center in Borg El Arab Technology Park, Alexandria. Since then, the company has rapidly scaled its operations, onboarding around 2,700 professionals.
This latest expansion underscores Intelcia's commitment to leveraging Egypt's growing capabilities in multilingual outsourcing. It also aligns with the company's broader vision to deliver innovative, tech-driven customer experience solutions to global markets.
With a workforce of over 40,000 employees worldwide, Intelcia operates across Europe, Africa, and the Americas. The company has built a strong presence over the past 25 years, particularly in Portugal, which serves as a hub for multilingual services in Europe—a model Intelcia now aims to replicate in Egypt.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Egyptian Startups Secure $228 Million in First Five Months of 2025
Egyptian Startups Secure $228 Million in First Five Months of 2025

CairoScene

time5 hours ago

  • CairoScene

Egyptian Startups Secure $228 Million in First Five Months of 2025

Egyptian Startups Secure $228 Million in First Five Months of 2025 Egyptian startups have attracted $228 million in venture capital and debt financing from January to May 2025, according to a statement from the Ministerial Group for Entrepreneurship. The figures mark a 130% year-on-year increase in disclosed investment volume, reflecting continued growth in Egypt's startup ecosystem despite ongoing economic challenges. In total, 16 deals were recorded during the period, with 11 of them publicly disclosing investment amounts that collectively reached $156 million. In addition to equity investments, two notable debt financing deals were secured: proptech platform Nawy raised $23 million, while fintech firm MNT-Halan secured $49 million. The proptech sector led in terms of total investment volume, accounting for 33% of all capital raised, while fintech topped the charts in deal count, with five transactions comprising 32% of total investment value. H.E. Dr. Rania Al-Mashat, Egypt's Minister of Planning, Economic Development and International Cooperation and head of the Ministerial Group for Entrepreneurship, stated that the funding growth reflects continued momentum in Egypt's startup market. Dr. Al-Mashat attributed this progress to government-led efforts to improve the business climate and support private sector growth through targeted structural reforms. Dr. Al-Mashat confirmed that work is currently underway on a national Startup Charter, alongside a range of funding initiatives and financial incentives to promote investment, including tax benefits for startups with annual revenues under EGP 20 million. In addition to new funding, the local startup ecosystem saw a number of key acquisition deals. These included Dubizzle's acquisition of used car marketplace Hatla2ee, as well as the acquisition of digital payments platform Fatora by MaxAB-Wasoko. The Ministerial Group for Entrepreneurship was launched by the Egyptian government to coordinate startup policy across relevant ministries and to develop initiatives that foster an enabling ecosystem for entrepreneurship. As part of this mandate, the group aims to promote Egypt's visibility on the global startup map while supporting sustainable and inclusive economic growth.

Dollar Drops against Egyptian Pound to 49.63
Dollar Drops against Egyptian Pound to 49.63

See - Sada Elbalad

time5 hours ago

  • See - Sada Elbalad

Dollar Drops against Egyptian Pound to 49.63

Taarek Refaat The dollar exchange rate against the Egyptian pound witnessed new changes in trading on Sunday, according to the Central Bank of Egypt. The exchange rate continued to fluctuate between rises and falls in recent days, particularly after the CBE's recent decision to cut interest rates for the second time in a row, bringing the rate down by 3.25% since April 17. The dollar exchange rate declined in several banks on the first day after the weekend of Friday and Saturday. At the central bank, the dollar recorded approximately EGP 49.63 to buy and 49.76 to sell. On the other hand, the Central Bank of Egypt is scheduled to hold its fourth Monetary Policy Committee meeting of the year on July 10, to discuss interest rates based on several criteria, such as inflation, the strength of the Egyptian pound against other currencies, and other factors. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan

MSMEDA, JICA launch 2nd phase of technical cooperation programme to support 20 industrial projects
MSMEDA, JICA launch 2nd phase of technical cooperation programme to support 20 industrial projects

Daily News Egypt

time7 hours ago

  • Daily News Egypt

MSMEDA, JICA launch 2nd phase of technical cooperation programme to support 20 industrial projects

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched the second phase of its joint technical cooperation programme with the Japan International Cooperation Agency (JICA), aimed at enhancing the competitiveness of small industrial projects in Egypt. The new phase will focus on 20 enterprises across Minya and Alexandria governorates, particularly in the food processing and plastic manufacturing sectors. Bassel Rahmy, CEO of MSMEDA, reaffirmed the agency's commitment to fostering partnerships with international development institutions as a means of supporting Egypt's small enterprise sector—especially industrial and productive ventures. He emphasized that such collaborations enhance the competitiveness of local businesses, empower domestic industries, and help create sustainable employment opportunities for youth. Rahmy made his remarks during a meeting with Masami Yamamori, a member of JICA's expert team, and senior MSMEDA officials led by Deputy CEO Raafat Abbas. The meeting marked the official launch of the second phase of the cooperation programme, which is part of a broader initiative to strengthen business development services for Egyptian enterprises. 'This second phase reflects the continued confidence of international institutions in Egypt's economy and its promising investment environment,' Rahmy said. He added that MSMEDA and JICA have agreed to maintain close cooperation to support industrial and productive enterprises in both Minya and Alexandria. The programme will involve business development service providers who will offer technical support to factory owners, enabling them to scale their operations and access global markets. Deputy CEO Raafat Abbas explained that the second phase of the programme aims to enhance the operational efficiency and productivity of participating businesses. In Minya, the focus will be on food processing enterprises, while in Alexandria, it will target plastic manufacturing businesses located in the Al-Merghem industrial zone. He noted that implementation is already underway, with a series of workshops organized for service providers and business owners. Abbas added that Japanese experts are currently conducting on-site visits to participating factories to deliver technical consultations and propose practical solutions. These visits are part of a sustained effort to help business owners adopt more efficient operating models and improve overall performance. The projects will be closely monitored over the coming months to track progress and ensure results. The first phase of the cooperation programme, which has already been completed, involved 14 projects that received tailored business development support from both Japanese and Egyptian consultants. Lessons learned from that phase are now being applied to expand the initiative's impact in the second stage.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store