ITIDA disburses EGP 70 mln export incentive for Egyptian IT companies

Wednesday 28 July 2021 | 11:22 CET | News
The Information Technology Industry Development Agency (ITIDA) said it has disbursed its Export-IT's 2019 cash rebate for ICT exports by local ICT companies, the Daily News reported. The total amount of export rebate for the programme's eleventh round has reached EGP 70 million and has been paid to 131 companies out 137 that applied this year. ITIDA CEO Amr Mahfouz said the export IT programme is part and parcel of the agency's strategy to boost Egyptian IT exports, increase competitiveness and enable them to expand and access global markets. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: IT
Countries: Egypt
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Egypt's IT development agency cooperates with Arab Council for Social Responsibility

Published 13 Sep 2021 14:35 CET | Egypt
Egypt's Information Technology Industry Development Agency (ITIDA) has signed a cooperation protocol with the Arab Council for ...

Egypt's ITIDA and Atos sign deal to boost local digital job market

Published 13 Jul 2021 10:54 CET | Egypt
Atos and the Egyptian Government, represented by the Information Technology Industry Development Agency (ITIDA), have agreed to ...

Egypt's ITIDA awards digital signature licences to Fixed Misr, El-Delta Electronic

Published 25 Jun 2021 11:10 CET | Egypt
 Egypt's Information Technology Industry Development Agency (ITIDA) has awarded Fixed Misr and El-Delta Electronic Systems ...

ITIDA signs cooperation deals with NGOs to boost partnership and IT sector

Published 29 Apr 2021 14:44 CET | Egypt
Egypt's Technology Industry Development Agency (ITIDA) has signed three-year cooperation protocols with three civil society ...

Egypt contracts with Samsung to build tablet factory in Beni Suef

Published 08 Mar 2021 08:35 CET | Egypt
Egypt has confirmed an agreement with Samsung to manufacture tablets to be used by the ministry of education for educational ...

ITIDA launches new round of IT export and incentive scheme

Published 20 Jan 2021 15:29 CET | Egypt
The Egyptian Information Technology Industry Development Agency (ITIDA) has launched a new round of its annual Export IT ...

Egyptian ICT sector expands by 15% in 2020

Published 05 Jan 2021 10:45 CET | Egypt
Egypt's ICT sector grew by 15.2 percent in 2020, the Daily News reported citing the cabinet's media centre report. The sector's ...

Samsung to invest USD 84 mln in Egypt in 5 years, including computer screen manufacturing for export

Published 02 Jun 2020 09:51 CET | Egypt
Samsung is planning to invest nearly USD 84 million in Egypt over the next five years to take advantage of new incentives ...

Egypt to open first satellite assembly centre in March 2021

Published 27 Feb 2020 10:47 CET | Egypt
Egypt will launch its first satellite assembly centre in March 2021, the Daily News reported citing the CEO of the Egyptian Space ...