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Compass Capital and Beltone Financial to found a new IT firm

An agreement between Compass Capital and Beltone Financial is being finalised to form the company Beltone for Information Technology. Maged Shawky, Managing Director of Beltone Financial, said that the board of directors for the new company has been formed with three members from Beltone and two members from Compass Capital. Shamel Abolfadl will head the …

Daily News Egypt

IT sector calls for more government attention

Information technology (IT) experts have said that the IT sector in Egypt has not significantly contributed to the national economy because the government has neglected its principle components. The sector has played an important role in other developing economies such as in India, Malaysia, and Brazil. The experts viewed the Ministry of Communications and Information …

Daily News Egypt