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Egypt wins outsourcing destination of the year award

Egypt was praised for having a highly skilled, multi-lingual workforce as 90,000 Egyptians work in sourcing and 50,000 of those for overseas markets.

The Global sourcing association (GSA) chose Egypt to win the award of outsourcing destination of the year 2016 award.

The 7th version of the GSA European awards ceremony was held in Sofia, Bulgaria.

Egypt was described by several experts and investors as the best destination for outsourcing. The country enjoys a huge highly capable workforce, that is multilingual and sourcing services are carried at a low cost.

Egypt has almost 90,000 employees working in the sourcing sector 50,000 of those serve overseas markets. Costs are also significantly lower than other offshore destinations. Thus Egypt represents a strong offshore outsourcing market.

Egypt's competitors for the award including Sri Lanka, Belarus and Fiji.

Information Technology Industry Development Agency (ITIDA) was praised by several investors for supporting and developing Egyptian IT skills and potential.

The Global sourcing association aims to share practices, trends and connections among businesses, bringing the global business community closer together in an interactive manner.