Egypt’s General Authority for Investment and Free Zones (GAFI) and Oracle have agreed to provide training in the latest cloud computing technologies for Egyptian entrepreneurs and authority employees as part of the company’s initiative to train 150,000 Egyptians.
The agreement was reached during a meeting between GAFI CEO Dr Mohamed Awad, Oracle Egypt Country Leader and Vice President of Applications for Mid-Market MEA Waleed Ahmed, and Oracle Head of Technology Tamer Gamal. The officials reviewed the company’s latest cloud computing, artificial intelligence (AI), and database solutions, alongside plans to localise technology in Egypt.
Awad stated that Oracle’s plans align with a top priority of the state’s investment strategy to localise modern technology.He affirmed GAFI’s commitment to providing the necessary facilities and coordinating with relevant authorities to ease procedures and secure required permits and licences.
Ahmed confirmed Oracle’s commitment to accelerating the adoption of cloud computing and AI technologies in Egypt by cooperating with public and private sector institutions to expand their use. He noted that developing local talent and equipping them with digital skills is a primary pillar of the company’s efforts to build a robust technological ecosystem.
The joint training opportunities are designed to support the building of local competencies, foster the growth of the technology sector, and accelerate the adoption of modern digital technologies by Egyptian institutions.
The meeting aligns with directives from Minister of Investment and Foreign Trade Dr Mohamed Farid Saleh to enhance digital transformation, localise modern technology, and attract investments that support the digital economy.
The discussions were also attended by GAFI Deputy CEO Waleed Anwar, Advisor to the CEO for Promotion Affairs Mohamed Youssef, and Americas File Officer at the Promotion Sector Heba El Gamal.
