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    Dr. Kamel to Egyptian Expatriates in the US: Egypt's ICT Sector is still Promising and Can Receive More Investments

    Washington, 22 June 2009

    Minister of Communications and Information Technology Dr. Tarek Kamel and Egypt's Ambassador to the U.S Sameh Shoukry met members of the Egyptian expatriate community in Washington DC and the surrounding areas.

    During the meeting, also attended by members of the Egyptian official mission to the U.S, Dr. Kamel gave a speech confirming the importance of the visits and discussions he is scheduled to hold with the official of the US administration and the agreements to be signed with mega American information and communication technology (ICT) companies.

    Dr. Kamel further affirmed the security situation in Egypt under the leadership of President Hosni Mubarak and the success of the Egyptian Government in dealing with the negative impact of the Global Financial Crisis.

    According to Dr. Kamel, Egypt has achieved this year more than a four-percent growth rate. Also last year the growth rate was 7%, which surpassed the speculations of experts at the beginning of the crisis, considering this an achievement and a success realized by the Egyptian government in the field.

    Minister Kamel added that the ICT sector had achieved about 15% growth rates this year, facilitating more distinguished job opportunities for Egyptian young calibers at several new projects launched in the Egyptian markets by foreign investments. 

    Other sectors in some countries took measures, lying off employees in a bid to face economic recession.

    Minister Kamel noted that the ICT sector in Egypt is still promising. The mobile phone density in the country amounts to 58%, rising by more than one million subscribers every month. The number of subscribers during the last six months reached seven million.

    In his speech, Dr. Kamel stressed on the initiatives carried out cooperatively between the ICT sector in Egypt and some ministries such as those pertaining to the development of education in cooperation with Ministry of Education and Ministry of Higher Education and the health care initiative implemented in cooperation with the Ministry of Health, all through the use of ICT tools.

    Dr. Kamel called on the Egyptian expatriates to contribute to and cooperate with Nile University in its programs that are aimed for scientific research, human resource development and other fields.
     
    Meanwhile, Ambassador Shoukry pointed out during the gathering to the importance of the US-Egyptian ties in this phase, describing them as being special and prosperous. He added that the speech US President Barack Obama gave in Cairo earlier this month had an important role in boosting relations to achieve mutual goals.

    Ambassador Shoukry noted that this official mission to the US represents a quick response by the ICT sector to deal with the new American administration guidelines, which reflects positive bilateral relations.

    Egyptian National Post Organization (ENPO) demonstrated during the meeting the development plan applied by Egypt Post to enhance postal services and other ones like financial services and offer them to clients nationwide. Accordingly, Egypt Post was qualified to reach an international status in these fields.

    Egypt, Eng. Alaa Fahmy added, was selected for the second consecutive year to chair the Pan-African Postal Union (PAPU) during the Commissioners' Conference held in June, 2009.

    Information Technology Industry Development Agency (ITIDA) talked during the gathering, highlighting the agency aims for to promote the IT industry in Egypt. He pointed out that ITIDA succeeded in attracting several international companies to invest in Egypt like IBM and Oracle, which facilitated job opportunities for the Egyptian youth.

    Acting President of Nile University (NU) Dr. Tarek Khalil presented to the expatriate businessmen a number of technological incentives offered by NU that can constitute potential investments in cooperation with the university.


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