10 February 2024
ICT Minister Talks Cooperation in DX, AI with Bulgarian Innovation Minister

The Minister of Communications and Information Technology Amr Talaat has met with the Bulgarian Minister of Innovation and Growth Milena Stoycheva and her accompanying delegation. They discussed opening horizons for cooperation and exchanging experiences between Egypt and Bulgaria in ICTs.
The meeting came on the sidelines of the first session of the Egypt-Bulgaria Joint Cooperation Committee, co-chaired by the Egyptian Minister of Foreign Affairs Sameh Shoukry and the Bulgarian Deputy Prime Minister and Minister of Foreign Affairs Mariya Gabriel, in Cairo.
During the meeting, the ICT Minister looked forward to fostering cooperation and establishing strategic partnerships in ICTs to serve common interests between the two countries. He pointed to the key ICT-implemented projects aiming to develop the digital infrastructure, achieve digital transformation, build capacities, support digital innovation, and promote research and development (R&D) in emerging technologies. He also commended the efforts made to create an enabling environment for promoting foreign direct investment (FDI) in ICTs.
Talaat emphasized that Egypt is one of the top destinations for outsourcing. It has a large talent pool capable of providing outsourcing services in different technological specializations for various markets worldwide, Talaat noted.
Talaat pointed out that efforts are being made to attract multinationals to set up centers in Egypt and export services in the in-demand cutting-edge ICT specializations, such as embedded systems, electronics, semiconductors, and automotive software.
For her part, the Bulgarian Minister of Innovation and Growth underscored that cooperation with the Ministry of Communications and Information Technology (MCIT) includes noteworthy cooperation prospects and is built on creativity, innovation, and modern technologies. She clarified that the Bulgarian Ministry of Innovation and Growth (MIG) was established two years ago and is recognized as Bulgaria’s future. She added that MIG is building a competitive economy using modern technologies, building capacities, serving citizens, and creating Artificial Intelligence (AI) policies and applications, highlighting that the Ministry collaborates with all stakeholders, including bodies, the private sector, academia, small and medium-sized enterprises (SMEs), and entrepreneurs.
Stoycheva underlined that MIG main pillars have been outlined and will be implemented through pilot projects according to international best practices. She stressed the significance of focusing on innovation and competitiveness in line with new global trends.
The meeting delved into enhancing cooperation and exchanging experiences in digital transformation, capitalizing on Egyptian digital competencies in achieving digital transformation, and boosting ICT investment between the two countries, especially in the electronics industry and automotive embedded software development. The two sides also discussed opportunities for cooperation in supporting digital innovation and entrepreneurship, showcasing the Egyptian experience in establishing Creativa Innovation Hubs nationwide.
The two ministers also reviewed cooperation mechanisms for developing innovative tech solutions using emerging technologies, while focusing on AI in areas of common interest between the two countries. They also explored ways to benefit from the Bulgarian experience in enabling IT SMEs.
The two sides agreed to exchange visits between Egyptian-Bulgarian companies. In addition, a delegation including Bulgarian ICT companies will also visit Egypt in the coming period.
The meeting was attended by the Assistant ICT Minister for Strategy and Implementation Sherine El-Guindy, the Advisor to ICT Minister for Technology Innovation, Electronics Industry and Training Hossam Osman, the Head of Applied Innovation Center (AIC) Ahmed Tantawy.
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