Giza Systems unveils ambitious growth strategy to boost regional, global presence
During a media roundtable on Thursday, Elharany outlined the company's forward-looking strategy, which includes geographic expansion, investment in high-growth sectors, and enhanced global service capabilities. The plan reflects GS Group's ambition to evolve into a global leader in innovation and digital transformation.
A key milestone in this strategy is the launch of the company's new Global Service Delivery Center. Designed to serve clients across industries and regions, the center will enhance Giza Systems' ability to deliver faster, more scalable, and cost-effective solutions. By leveraging global delivery infrastructure and innovation, the center aims to boost operational efficiency, expand capacity, and streamline resource management worldwide.
Giza Systems is also sharpening its focus on emerging sectors with significant growth potential, including FinTech, smart cities, smart sports, AI-powered video analytics, cloud services, cybersecurity, and Oracle-based enterprise solutions. The company's integrated approach combines operational and information technology (OT/IT) to offer full-spectrum digital transformation solutions.
'GS Group is aligning its brand with a strategy centered on purpose-built innovation, scalable delivery, and a culture of continuous evolution,' said Elharany. 'We're adapting to meet the rapidly changing needs of global customers by embedding deeper innovation, advanced delivery capabilities, and a future-focused mindset.'
Backed by solutions by stc, which holds an 88.19% stake in the company, Giza Systems has achieved major milestones over the past two years. These include the acquisition of LABS, a prominent SAP partner, which marked the group's entry into the ERP space. GS has also established a dedicated Oracle implementation business unit and led several flagship smart city projects such as the Intelligent Transportation Systems (ITS) in Egypt's New Administrative Capital and the Command and Control Center in Alamein.
Looking ahead, GS plans to deepen its presence across the GCC—particularly in Oman, Bahrain, and Abu Dhabi—through strategic partnerships, direct sales initiatives, and enhanced collaboration with global technology providers to enrich service offerings and customer experiences.
Sustainability and social impact remain core pillars of GS Group's vision. The company received a -AA- rating for its first ESG/GRI report in 2023, reflecting its commitment to responsible business practices. Through its CSR arm, the Giza Systems Foundation (GSF), the group empowers underserved communities via tech-driven initiatives. In 2024, GSF supported 15 startups across eight Egyptian governorates through its BridgeZ accelerator, advancing nine of the UN Sustainable Development Goals. GSF aims to position itself as Egypt's hub for impact investment, connecting startups with investors, donors, and strategic partners.
With strongholds in Egypt, Saudi Arabia, the wider GCC, and East Africa, GS Group now sets its sights on a global expansion trajectory, with plans to solidify its footprint worldwide by 2027.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Middle East
31 minutes ago
- Middle East
OPEN// State keen on encouraging tourism investments, esp. on North Coast
NEW ALAMEIN, Egypt, Aug 2 (MENA) - The State is keen on encouraging tourism investments, especially on the North Coast, a unique part of Egypt, which helps promote opportunities for tapping into the promising potential and advantages of this region and turning it into a tourist and economic hotspot all year round, Prime Minister Mostafa Madbouli said. Madbouli made the remarks while participating in the opening ceremony a new hotel of Emaar Misr for Development, a leading real estate developer, in Marassi North Coast resort, in the presence of Mohamed Alabbar, founder of Dubai-based real estate developer Emaar Properties. As the 11th hotel in Marassi portfolio, the new "Palace Beach Resort Marassi," hotel was established with an estimated investment cost of EGP 9 billion, marking a new milestone in Emaar Misr's 18-year journey in the Egypt. The inauguration of the new hotel is the latest move in Emaar Misr development's strategy to redefine the concept of luxury tourism by offering hotel experiences on par with major international destinations. This step has been taken amid the rapid recovery of Egypt's tourism industry, buoyed by the State' vision to enhance its position on the global tourism map by combining the country's rich history with diverse natural environment and ongoing infrastructure development. Emaar Misr for Development continues to play a prominent role in supporting this industry by offering integrated projects that meet the highest standards of luxury, especially in the North Coast region, which has become one of the most luxurious tourist destinations in Egypt. Occupying an area of about 140,000 square meters, the new hotel features 87 rooms and suites with striking views, as well as 31 luxury villas, along with a wide range of integrated facilities and services, including a meeting room, beach restaurant, gym, swimming pool, spa, and beauty salon, offering an integrated accommodation experience with world-class standards. (MENA) M A A/R G E
Economic Key
32 minutes ago
- Economic Key
Prometeon Unveils 2024 Sustainability Report, Aiming for Net-Zero Emissions by 2040
Prometeon Tyre Group, a global manufacturer of tyres for the commercial, agricultural and OTR sectors, has published its 2024 Sustainability Report, which reinforces the Group's ESG strategy and further consolidates the central role of sustainability across all areas of the organisation. Structured around four key dimensions – environmental, social, governance and economic – the report highlights how sustainability objectives have become an integral part of the company's operations and strategic decision-making. In 2024, Prometeon recorded a 35.8% reduction in greenhouse gas (GHG) emissions compared to 2016, the year the company was founded – exceeding its original 2030 target of a 32% reduction. Electricity consumption also decreased by 13.6% compared to 2016. The company aims to reduce energy consumption by 23% by 2025 and by 31% by 2030, again in reference to 2016 levels. Prometeon has set a clear and ambitious long-term goal: to achieve climate neutrality by 2040 based on a path aligned with the 1.5 °C limit set by the Paris Agreement. At the same time, the company continues its commitment to renewable energy, which now accounts for 47.8% of the Group's total electricity consumption. In Brazil, 100% of the electricity used comes from renewable sources, and the Gravataí production site is already carbon neutral for Scope 1 and 2 emissions. Materials and waste management are also at the heart of the Group's strategy: 33% of materials derive from renewable sources while recycled materials make up for 1.89% – a figure that continues to grow. Prometeon's goal is to reach 40% of renewable and recycled materials by 2030 and 100% by 2050. With regard to waste management, the 2024 results show a recovery rate of 98.2%, well beyond the 97% target set for 2030. The supply chain is a key pillar of Prometeon's sustainability path. In 2024, the company conducted 17 supplier audits, covering 21% of its annual raw material procurement value. The goal is to extend this verification process to 100% of raw material spending within five years. This initiative goes beyond monitoring conducted at suppliers, since it aims to generate a positive impact throughout the entire production chain. Over the past year, the company implemented a structured incentive plan for all employees, offering bonuses and benefits tied to the achievement of ESG objectives. Prometeon was also assessed by Morningstar Sustainalytics for its ESG approach integrated into business strategies and operations. The company received a notable ESG Risk Rating of 12.5, classified as 'Low Risk,' due to its continuous commitment to sustainability and greenhouse gas reduction. This rating places Prometeon among the most virtuous companies globally: 10th in the Automotive sector and 5th in the Tyre sub-sector. This positioning reflects the soundness of Prometeon's ESG management model and confirms the company's growing commitment to mitigating environmental, social and governance risks throughout its value chain. Nicolas Marchi, Chief of Internal Audit, Compliance, Sustainability & Institutional Relations Officer at Prometeon, stated: 'In a market like the tyre industry for the commercial, agricultural, and OTR segments, sustainability is a strategic priority. Integrating ESG criteria into our operating model – encompassing supplier selection, employee well-being and financial structuring – enables us to generate value in the environmental, social and economic contexts. This commitment not only strengthens our leadership but also propels us decisively towards our Net-Zero 2040 goal, while driving innovation in materials, processes and product performance. Sustainability has also become a key factor in attracting talented young individuals, who are increasingly sensitive to these issues.' Prometeon followed the Global Reporting Initiative (GRI) guidelines in drafting its 2024 Sustainability Report. The GRI helps organisations to transparently report on their economic, environmental and social impacts, with a focus on impact assessment as a core element for understanding and communicating how their activities positively or negatively affect society and the environment. تم نسخ الرابط
See - Sada Elbalad
6 hours ago
- See - Sada Elbalad
Prometeon Releases its 2024 Sustainability Report: Net-Zero Target by 2040
Rana Atef Prometeon Tyre Group, a global manufacturer of tyres for the commercial, agricultural and OTR sectors, has published its 2024 Sustainability Report, which reinforces the Group's ESG strategy and further consolidates the central role of sustainability across all areas of the organisation. Structured around four key dimensions – environmental, social, governance and economic – the report highlights how sustainability objectives have become an integral part of the company's operations and strategic decision-making. In 2024, Prometeon recorded a 35.8% reduction in greenhouse gas (GHG) emissions compared to 2016, the year the company was founded – exceeding its original 2030 target of a 32% reduction. Electricity consumption also decreased by 13.6% compared to 2016. The company aims to reduce energy consumption by 23% by 2025 and by 31% by 2030, again in reference to 2016 levels. Prometeon has set a clear and ambitious long-term goal: to achieve climate neutrality by 2040 based on a path aligned with the 1.5 °C limit set by the Paris Agreement. At the same time, the company continues its commitment to renewable energy, which now accounts for 47.8% of the Group's total electricity consumption. In Brazil, 100% of the electricity used comes from renewable sources, and the Gravataí production site is already carbon neutral for Scope 1 and 2 emissions. Materials and waste management are also at the heart of the Group's strategy: 33% of materials derive from renewable sources while recycled materials make up for 1.89% – a figure that continues to grow. Prometeon's goal is to reach 40% of renewable and recycled materials by 2030 and 100% by 2050. With regard to waste management, the 2024 results show a recovery rate of 98.2%, well beyond the 97% target set for 2030. The supply chain is a key pillar of Prometeon's sustainability path. In 2024, the company conducted 17 supplier audits, covering 21% of its annual raw material procurement value. The goal is to extend this verification process to 100% of raw material spending within five years. This initiative goes beyond monitoring conducted at suppliers, since it aims to generate a positive impact throughout the entire production chain. Over the past year, the company implemented a structured incentive plan for all employees, offering bonuses and benefits tied to the achievement of ESG objectives. Prometeon was also assessed by Morningstar Sustainalytics for its ESG approach integrated into business strategies and operations. The company received a notable ESG Risk Rating of 12.5, classified as 'Low Risk,' due to its continuous commitment to sustainability and greenhouse gas reduction. This rating places Prometeon among the most virtuous companies globally: 10th in the Automotive sector and 5th in the Tyre sub-sector. This positioning reflects the soundness of Prometeon's ESG management model and confirms the company's growing commitment to mitigating environmental, social and governance risks throughout its value chain. Nicolas Marchi, Chief of Internal Audit, Compliance, Sustainability & Institutional Relations Officer at Prometeon, stated: 'In a market like the tyre industry for the commercial, agricultural, and OTR segments, sustainability is a strategic priority. Integrating ESG criteria into our operating model – encompassing supplier selection, employee well-being and financial structuring – enables us to generate value in the environmental, social and economic contexts. This commitment not only strengthens our leadership but also propels us decisively towards our Net-Zero 2040 goal, while driving innovation in materials, processes and product performance. Sustainability has also become a key factor in attracting talented young individuals, who are increasingly sensitive to these issues.' Prometeon followed the Global Reporting Initiative (GRI) guidelines in drafting its 2024 Sustainability Report. The GRI helps organisations to transparently report on their economic, environmental and social impacts, with a focus on impact assessment as a core element for understanding and communicating how their activities positively or negatively affect society and the environment. 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 Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results
