07 October 2022
Ericsson has celebrated its operational presence in Egypt of more than 125 years with key industry players and H. E. Amr Talaat, minister of information and communications technology.
Ericsson reaffirmed its commitment to the country as part of its mission to support technology innovation and advancement. Under this commitment, Ericsson has established an Artificial Intelligence (AI) Innovation Lab at Sultan Hussein Kamel Palace in collaboration with Information Technology Industry Development Agency (ITIDA). The company also plans to expand its operations in the AI domain and enhance its activities related to stimulating technological innovation, robotics, and the development of interaction between robots and humans using AI technologies. In addition, Ericsson has emphasised increasing its efforts in developing young talents while supporting innovative thinking in the emerging technologies.
“Egypt’s Telecoms and Information Technology sector has a combination of both modernity and rootedness,” said His Excellency Amr Talaat, minister of information and communications technology. “Ericsson’s celebration of the 125th anniversary of its presence in Egypt is a proof of how solid and stable the Egyptian market is, which contributed in enabling the company to implement its strategy and projects throughout this long period of time and to successfully continue as a partner in this promising sector, which carries with it more promising opportunities for all partners willing to invest and expand in Egypt to participate in building a digital Egypt.”
Talaat highlighted Egypt’s interest in developing the ICT sector under the umbrella of its vision for the sector as a traction engine for development and an essential element to achieve a real renaissance in all sectors. He also noted that the sector’s budget increased in the current fiscal year by more than 22.6% year on year.
“We are proud to have achieved this milestone, along with our partners, as we push forward our unwavering commitment to Egyptian youth and talent. We have been present in Egypt since 1897 when we first connected Cairo to Alexandria and our journey continued over the years offering Egypt the latest technological innovations of the telecom industry,” said Eva Andren, country manager Ericsson Egypt and vice president Ericsson Middle East and Africa. “Today, as we announce our plans to expand our AI Innovation lab, we aim to inspire the next generation of innovators as we maintain our commitment to the transformation of Egypt into a digital society in line with Egypt Vision 2030, working with entrepreneurs, professionals, academics, and university students from across Egypt to identify innovative and commercially viable solutions.”