US Archer expands presence in Egypt with new HQ

12 May 2024

Archer, an American company specializing in risk management and information technology solutions, inaugurated its new headquarters (HQ) at Cairo Festival City Business Park in Cairo, as per a statement.

Present at the inauguration were key figures including Minister of Communications and Information Technology Amr Talaat and CEO of the Information Technology Industry Development Agency (ITIDA) Ahmed El-Zaher, among other officials.

Talaat praised the competence of Egyptian youth in technology adaptation, highlighting the sector's remarkable growth and its appeal to international investments.

He commended Archer's expansion efforts, emphasizing the Ministry's commitment to nurturing digital capabilities among young Egyptians.

Founded in 2001 and headquartered in Kansas, Archer boasts a global customer base exceeding 1,300 institutions across various sectors.

Source: Arab Finance 

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