19 Hrs
الوطن
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الوطن

2026-09-11T10:40:44.000Z

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Impact of Service Digitization on Investment

Impact of Service Digitization on Investment

In 2026, the efforts of the Ministry of Communications and Information Technology in Egypt contributed to attracting more investments through the digitization of government services. The ministry expanded the development of the Economic Entities Platform, which provides a unified digital gateway for establishing companies, obtaining licenses, and managing commercial activities—reducing paperwork procedures and increasing the speed and transparency of transactions. Additionally, digital linkage between government agencies such as the Investment Authority and the Stock Exchange was enhanced, facilitating capital increase operations by submitting documents electronically and reducing the time required. Furthermore, the ministry strengthened the telecommunications infrastructure, with the number of cell towers reaching approximately 40,000, and developed Egypt Digital Services, which aims to offer more than 270 government services by the end of 2026. Egypt also supported high-value added technology sectors through incentives including lowering operational costs to attract technological investments and developing the electronics and semiconductor industries.

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