Egypt could generate between $5bn and $9bn in annual revenues from exporting digital services if it creates 630,000 jobs by 2029.
Nermeen El-Nemr, founder of WorkShift Summit and CEO of Man-Tech, said in an interview that digital recruitment platforms are shifting to export Egyptian talent abroad. She explained that when professionals work remotely for companies in Europe, the Gulf or the United States, revenues return to Egypt in foreign currency. El-Nemr noted that reaching the government target would create positive effects in technology, finance and entrepreneurship. She called for more investment in broadband, data centres and cybersecurity to compete with countries such as India and the Philippines. She added that upskilling requires joint efforts from government, companies, universities and international partners. El-Nemr stressed the need for tax incentives, simpler regulations and stronger links between education and labour market needs.