Egypt

Egypt’s Information and Communications Technology (ICT) sector is very robust, with a growth rate higher than Egypt’s overall GDP growth, equivalent to 15.2 percent in the fiscal year 2019/2020. Its contribution to the GDP has increased to 4.4% in the fiscal year 2019/2020 compared to 3.5% in 2018/2019. Total investments in the sector increased by 35 percent in 2019/2020 and reached $3.5 billion.