Egypt Information Technology Q1 2019
There is a strong positive trend for IT spending in Egypt over the medium term because of opportunities that will becreated in an expanding and modernising economy where there is potential for catch-up growth as firms and thegovernment deploy IT solutions that have already been proven in more advanced economies. The local industry also has a brightoutlook, in part due to domestic IT demand, but also Egypt's expanding role as an IT outsourcing location that is being driven byinvestments in technology zones, supporting infrastructure and training. The main downside risk is the potential for economicrecovery to under-deliver expectations and result in political instability.
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