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Pakistani Systems Limited Invests $10 Million in Egypt, Targeting 50% Expansion by 2027
Currently 300 IT specialists on staff, with goal of reaching 450 employees by end of 2027, operating centers of excellence for digital banking services for two UAE banks.
Systems Limited, a Pakistani multinational information technology company, plans to increase its investments in Egypt by more than 50% during 2027, with the possibility of exceeding this rate in 2028, according to an announcement by Ahmed Kandil, General Manager of Systems Egypt.
The company's current investments in Egypt total $10 million, and it employs approximately 300 IT specialists, which it seeks to increase to 450 by the end of 2027.
The company operates centers of excellence for digital banking services in Egypt on behalf of two major banks from the United Arab Emirates, a move aimed at leveraging local talent to provide specialized technical services to regional markets.
Kandil pointed out that expansion plans are based on opportunities in the technology sector and on cooperation with the Ministry of Communications and Information Technology and the Information Technology Industry Development Agency (ITIDA). The company is also exploring expansion in business services and operations management.
Sources — how we know this
- PrimaryDaily News Egypt