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      <title>How is Egypt Paving the Way for the Future of GBS? The Intersection of Talent, Resilience and Infrastructure </title>
      <link>https://itida.gov.eg/English/Blogs/Lists/Posts/ViewPost.aspx?ID=18</link>
      <description><![CDATA[<div><b>Body:</b> <div class="ExternalClass5BC9F41B4A7241C989C7B8D79FB18C95"><p>​</p><p>It's always a pleasure to join industry leaders to exchange ideas, share knowledge and learn from the successes of others – and the 22<sup>nd</sup> annual European SSON event last week in Lisbon, Portugal, was no exception. Beyond networking, insightful conversations and sessions on the outlook of the industry, I was also honored to join the stage with EY's Gavin Maxwell and Microsoft's Phil Gillingham to discuss the future of talent – something myself and ITIDA care passionately about.</p><p>&#160;</p><p>Talent has never been in short supply in Egypt, thanks to our ambitious and highly educated, young population. Yet, in a rapidly changing business environment, we must continue our work in supporting and building the capacity of our talent to meet the demands of today – and tomorrow. </p><p>&#160;</p><p>We have already seen how being well-prepared – infrastructurally, logistically and in terms of capacity – can reduce the shockwaves of global events. We are in an historic period that few other generations have witnessed before us&#58; supply chains across almost every industry are being reshaped and reimagined, and offshoring is not an exception. </p><p>&#160;</p><p>In our field, we are seeing that demand is certainly exceeding supply and, at ITIDA, we not only firmly believe that Egypt is perfectly positioned to help close that gap, but we are actively developing our talent, infrastructure, incentives and capacity to make sure Egypt is the top choice for businesses looking for world-class offshoring and shared services, whatever their industry.<br></p><p> 
      <span style="font-size&#58;11pt;font-family&#58;calibri, sans-serif;"> 
         <a href="/English/Pages/Ahmed-Alzaher.aspx" target="_blank"><span class="ms-rteFontSize-3 ms-rteThemeForeColor-5-3" style="">by Eng. Amr Mahfouz -ITIDA CEO</span></a></span><a href="/English/Pages/Ahmed-Alzaher.aspx" target="_blank"><br></a></p><a href="/English/Pages/Ahmed-Alzaher.aspx" target="_blank">
</a></div><a href="/English/Pages/Ahmed-Alzaher.aspx" target="_blank"></a></div>
<div><b>Published:</b> 7/31/2022 1:42 AM</div>
<div><b>Number of Likes:</b> 1</div>
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      <author>Hadeer Ayoub</author>
      <pubDate>Sun, 31 Jul 2022 09:28:37 GMT</pubDate>
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      <title>Why Egypt is Primed for Offshoring </title>
      <link>https://itida.gov.eg/English/Blogs/Lists/Posts/ViewPost.aspx?ID=17</link>
      <description><![CDATA[<div><b>Body:</b> <div class="ExternalClassB5E0C9A51B6F4F8B8623A743649FB719"><p style="text-decoration&#58;underline;"><br></p><p>&quot;Why Egypt?&quot; is always a focal question when it comes to promoting Egypt as an IT hub. To us here, the answers are clear&#58; Egypt offers an abundance of talent at a competitive cost, is in a pivotal geographic location, has the privilege of a supportive government, and has an inspiring IT innovation ecosystem. Importantly, the answers to this question are what drives ITIDA in guiding the global ITS, BPS and KPS industries to realize their business ambitions.<br></p><p>The past few years, Egypt has seen a well-deserved increase in global appeal for investors; something that gives me pride, personally. More so, this year, ITIDA launched a new incentive scheme for foreign investments to build on the momentum and propel the sector on a higher growth trajectory. Egypt has an impressive talent pool, but what is also has is a grand population with an incredible amount of untapped potential, and this is what ITIDA aims to proactively develop. As part of the new digital strategy that positions Egypt as an attractive choice for offshoring, one of our goals is to add 215,000 jobs with a focus on high-end value services. But it isn't just a number&#58; the Egyptian workforce, their determination and ambition, and every single individual talent – those are who we aim to foster and invest in. </p><p>Take for example&#160;<a href="https&#58;//ryanadvisory.com/wp-content/uploads/2021/08/NOW-YOURE-SPEAKING-MY-LANGUAGE-EGYPTS-POSITION-IN-THE-WORLD-OF-HIGH-VALUE-MULTILINGUAL-CX-DELIVERY.pdf" style="text-decoration&#58;underline;"><span class="ms-rteThemeForeColor-5-3" style="text-decoration&#58;underline;">CX delivery</span></a>&#160;&#58; Egypt has a reputation for being one of the world's strongest multilingual customer delivery locations. Having the largest multilingual talent pool in the Middle East and second largest in EMEA surely helps, but the feedback we love to get is that the market's key differentiators are the Egyptian people's spirit, willingness, and sense of commitment. These are the same characteristics that have had young, talented Egyptians wake up every morning and put their best foot forward in the past decade – so it should come as a no surprise that the workforce here are an integral part of what Egypt brings to the global table.</p><p>This focus on talent is proudly at the heart of ITIDA's 
      <a href="/English/Programs/Digital-Egypt-Strategy-for-Offshoring-Industry-2022-2026/Documents/digital-egypt-strategy-for-the-offshoring-industry.pdf" style="text-decoration&#58;underline;">
         <span class="ms-rteThemeForeColor-5-3" style="text-decoration&#58;underline;">new digital strategy for Egypt's offshoring</span></a>&#58;&#160;</p><p>1) ecosystem development that enhances engagement with existing investors and talent in support of local company development and overall future growth, and&#160;<br></p><p>2) talent development by developing new and strengthening current upskilling programs for both student and employed pools. Consequently, this is part of what forms the basis for the new incentive scheme. It offers annual reimbursement on operating expenses per new hire, unified for both new and existing partner investors, as well as allowing investors the opportunity and autonomy to make optimal use of the incentives through the scheme's focus on reducing fully loaded operating costs and FTE. </p><p>Equally, one of our top priorities is also developing long-standing, fruitful partnerships with our investors. ITIDA is at the advantage of excellently providing support to companies providing offshore delivery of services from Egypt logistically through market intelligence and due diligence support, access to talent, an investor aftercare program, and more. </p><p>When a talent pool is developed, it pushes a country forward. When that country is as central as Egypt, it causes a global ripple effect. And this is my personal answer to &quot;Why Egypt?&quot;</p><p>If you're in Orlando and would like to hear more about the opportunities and struggles companies go through to acquire high-skilled calibres to the GBS industry, I'll be speaking at a session in SSOW titled 
      <a href="https&#58;//www.linkedin.com/posts/itida_ssc-gbs-bpo-activity-6910641558014836736-KNOD?utm_source=linkedin_share&amp;utm_medium=member_desktop_web" style="text-decoration&#58;underline;">
         <span class="ms-rteThemeForeColor-5-3" style="text-decoration&#58;underline;">The Talent Battlefield</span></a> on the 24<sup>th</sup> of March at 11 AM.<br> </p><p>
      <a href="/english/Pages/hazem-nabil.aspx" target="_blank" style="font-size&#58;16px;text-decoration&#58;underline;"><span class="ms-rteThemeForeColor-5-3" style="text-decoration&#58;underline;">written by Eng. Hazem Nabil, ITIDA VP</span></a><br> 
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<div><b>Published:</b> 7/27/2022 4:57 AM</div>
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      <author>Hadeer Ayoub</author>
      <pubDate>Wed, 27 Jul 2022 12:03:38 GMT</pubDate>
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