ITIDA signs deal with UAE's MGN to expand operations in Egypt

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ITIDA signs deal with UAE's MGN to expand operations in Egypt

STORY: ITIDA signs deal with UAE's MGN to expand operations in Egypt SHOOTING TIME: Feb. 13, 2024 DATELINE: Feb. 14, 2024 LENGTH: 0:00:30 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the signing ceremony STORYLINE: The Information Technology Industry Development Agency (ITIDA) and the UAE-based Mashreq Global Network (MGN) signed on Tuesday an agreement that aims to expand the latter's operations in the Egyptian market. The signing ceremony, which was held on the sidelines of the Egyptian participation in the World Governments Summit in Dubai, was witnessed by Egyptian Prime Minister Mostafa Madbouly and Minister of Communication and Information Technology Amr Talaat. Under the terms of the agreement, MGN commits to hiring a minimum of 300 new Egyptian employees over the three-year duration of the agreement. These new hires will be primarily engaged in export activities related to banking business services. Moreover, MGN will expand its operations in Egypt including extending offsh

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