PM attends signing of cooperation deal between Egypt’s ITIDA, UAE’s Mashreq Global Network

Prime Minister Mostafa Madbouly attended on Tuesday the signing ceremony of a cooperation agreement between the Information Technology Industry Development Authority (ITIDA) and the Emirati Mashreq Global Network (MGN) to expand the company’s business services in Egypt.

The ceremony was held on the sidelines of the premier’s participation in the 2024 World Government Summit, which is held in Dubai, under the theme of “Shaping Future Governments”.

The agreement was signed by CEO of ITIDA Ahmed al-Zaher and head of MGN in Egypt Ahmed al-Sherif, in the presence of Minister of Communications and Information Technology Amr Talaat and Group Head of Operations Mark Edward.

The three-year agreement will provide 300 job opportunities for qualified Egyptian cadres in the field of exporting banking services.

Under the agreement, MGN will expand its operations in Egypt to include providing data analysis, Business Intelligence (BI), internal audit, credit management, and risk and product management; all of which the company will export from Egypt to clients of Mashreq UAE.

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