Capgemini Egypt: Aims to Be a Major Outsourcing Hub in the Region

Technology has a profound impact on our daily lives, influencing how we work, learn, travel, and communicate. The transition to a digital economy has been a key to competitiveness in today’s market.

That is why Arab Finance has interviewed Hossam Seifeldin, CEO of Capgemini Egypt, a global leader in consulting, technology, and outsourcing services that started operating in Egypt in 2022. He highlighted the company’s services and plans, as well as its role in the digital transition of Egypt’s economy.

1- Why did Capgemini choose Egypt as an offshoring destination?

Egypt is an attractive Mediterranean hub, making it a popular choice for many leading Fortune 500 companies to expand their businesses and lead their operations. The country is undoubtedly leading the innovation scene in the region, attracting business moguls chasing tech-powered solutions for today’s global challenges. According to the Information Technology Industry Development Agency (ITIDA), the information and communication technology (ICT) sector hit new heights by recording a growth rate of about 16.3%, outpacing all the state’s economic sectors during fiscal year (FY) 2021/2022, making it the fastest-growing sector in Egypt.