Pakistan-based IT firm increases Egyptian presence
Systems Limited, a multinational information technology firm based in Pakistan, announced plans to increase its current $10 million investment in Egypt by more than 50% by 2027. Ahmed Kandil, General Manager of Systems Egypt, stated that the company intends to capitalize on local technology sector opportunities in collaboration with government agencies.
- The company currently employs 300 professionals in Egypt and plans to expand its local workforce to 450 by the end of 2027.
- Management is establishing digital banking centers of excellence in Egypt to support major UAE-based financial institutions.
- The firm is partnering with the Information Technology Industry Development Agency to train and recruit fresh graduates for specialized roles.
- Executives are evaluating further expansion into business process operations and outsourcing services for 2028.