GAFI Discusses with Oracle Executives the Localization of Cloud Computing and Artificial Intelligence Technologies in Egypt

Cooperation Aims to Support the Growth of the Digital Economy and Develop Egypt’s Technology Sector

In line with the directives of Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade (MIFT Minister), to advance digital transformation, localize modern technologies, and attract investments that support the digital economy, Dr. Mohamed Awad, GAFI CEO, met with Eng. Waleed Ahmed, Vice President of Applications for MEA Midmarket and Country Manager of Oracle Egypt, and Eng. Tamer Gamal, Technology Senior Sales Director of Oracle Egypt. The meeting aimed to review the latest cloud computing, artificial intelligence, and database solutions, as well as the company’s plans to localize technology in Egypt. The meeting was also attended by Walid Anwar, GAFI Deputy CEO.

Dr. Mohamed Awad emphasized that Oracle Egypt’s plans contribute to achieving one of the key priorities of the State’s investment plan, namely the localization of modern technologies. He noted GAFI’s commitment to providing the necessary facilitation and coordinating with the relevant authorities to streamline procedures and obtain the required permits and licenses.

Both sides agreed to provide training opportunities in the latest cloud computing technologies for Egyptian entrepreneurs and GAFI employees, as part of Oracle Egypt’s initiative to train 150,000 Egyptians. This will contribute to developing local talent, supporting the growth of the technology sector, and accelerating the adoption of modern digital technologies by Egyptian institutions.

For his part, Eng. Waleed Ahmed affirmed Oracle’s commitment to accelerating the adoption of cloud computing and artificial intelligence technologies in Egypt and cooperating with public- and private-sector institutions to expand their use. He noted that developing local talent and equipping it with digital skills is a key pillar of the company’s efforts to build a robust technology ecosystem.

The meeting was attended by Mohamed Youssef, Advisor to the GAFI CEO for Investment Promotion, and Heba El-Gamal, American Region File Manager at GAFI’s Investment Promotion Sector.