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Egypt PM inaugurates Real Estate Registry and Notarization Complex in New Alamein - Society
Egypt PM inaugurates Real Estate Registry and Notarization Complex in New Alamein - Society

Al-Ahram Weekly

time5 days ago

  • Business
  • Al-Ahram Weekly

Egypt PM inaugurates Real Estate Registry and Notarization Complex in New Alamein - Society

Prime Minister Mostafa Madbouly, alongside other ministers, inaugurated the Real Estate Registry and Notarization Complex in New Alamein City on Thursday, launching an integration system between the Ministry of Justice and the Ministry of Housing in 16 urban community real estate registry offices in new cities. The new integration system links the Ministry of Justice's Real Estate Registry and Notarization Authority and the Ministry of Housing's New Urban Communities Authority. The real estate registry offices are responsible for registering all transactions issued by the New Urban Communities Authority regarding lands, buildings, and units within their jurisdiction, as defined by law. In a cabinet statement, PM Madbouly highlighted the recent development efforts in New Alamein City, where numerous projects are still underway. He stated that the newly launched services aim to bring about a tangible improvement in the quality of services provided in the area, in line with Egypt's development objectives for the northwest coast. He stressed that this reflects the state's comprehensive vision for developing this promising area to attract more investments. During his tour in the new complex, Minister of Justice Adnan El-Fangary briefed PM Madbouly on the facility's capabilities. He said the complex is equipped with modern electronic tools to ensure fast and accurate transaction processing. El-Fangary also detailed the workflow and procedures of the state's digital transformation system, particularly the one-stop shop model designed to ease procedures for citizens. The minister added that the Distinguished Notarization Branch in New Alamein City consists of three service windows, in addition to two digital service windows available via the Egypt Digital Platform. Consequently, the new urban community real estate registry office features five windows for receiving real estate registration requests for properties within the jurisdiction of New Alamein. This initiative, which is part of the integration system between the Real Estate Registry and Notarization Authority and the New Urban Communities Authority, is facilitated through the G2G (government-to-government) digital hub and supports Egypt's Vision 2030. The move will enable the retrieval of all text, digital, spatial, and licensing data related to land, properties, and units within these communities, as per Law No. 177 of 2022, which regulates real estate registration in new urban communities. For his part, Minister of Communications and Information Technology Amr Talaat emphasized that the opening of the complex is part of ongoing cooperation with the Ministry of Justice to digitize various services. It also aligns with broader efforts to implement the Digital Egypt initiative nationwide, he stressed. Talaat clarified that the partnership aims to modernize and streamline services through technology, reducing burdens on citizens. He further explained that the Ministry of Communications is responsible for providing the digital infrastructure, overseeing technical and engineering support, and training staff to ensure the success of the national Digital Egypt project. Follow us on: Facebook Instagram Whatsapp Short link:

Egyptian Beltone Holding establishes AI subsidiary Robin - Tech
Egyptian Beltone Holding establishes AI subsidiary Robin - Tech

Al-Ahram Weekly

time06-07-2025

  • Business
  • Al-Ahram Weekly

Egyptian Beltone Holding establishes AI subsidiary Robin - Tech

Egyptian financial services firm Beltone Holding has launched Robin, a wholly owned subsidiary dedicated to artificial intelligence and data science solutions across the Middle East and North Africa. The initiative underscores the region's accelerating demand for advanced AI capabilities and robust data infrastructure, signalling significant career opportunities for technology professionals and AI talent. Robin, headquartered in Cairo, is positioned to serve as a regional hub for intelligent data solutions. Its mandate is to transform complex, unstructured data into actionable insights designed to drive business growth and operational resilience. Robin's services cater to a broad client base, ranging from large corporations to emerging start-ups, directly addressing the region's persistent challenge of effective data utilisation. 'Robin was founded on the belief that data is not merely a support tool, but the essential foundation for impactful business growth,' stated Basma Rady, Chief Data Scientist at Beltone Holding and Managing Director of Robin. 'Our focus prioritises the human element behind innovation. We have assembled a multidisciplinary team with deep technical expertise, enabling us to engineer advanced, cross-sector solutions that are both practical and impactful.' The subsidiary offers a comprehensive service portfolio, guiding clients through all stages of their data journey—from initial data preparation to full-scale AI implementation—effectively turning raw data into strategic assets. Robin also specialises in developing customised intelligent systems that integrate seamlessly into existing operations, enhancing performance and precision. These systems include proprietary tools such as real-time monitoring dashboards, predictive analytics models, and sector-specific reporting solutions. In parallel, Robin is investing in upskilling talent for the AI era through targeted literacy programmes, workshops, and hands-on training. These initiatives are designed to empower both technical teams and executives, ensuring organisations are equipped to navigate the evolving AI landscape with confidence. Robin is currently active in several key sectors, including financial services, insurance, real estate, e-commerce, hospitality, and logistics, with promising applications also identified in healthcare, manufacturing, and public policy. The firm maintains stringent data security protocols, ensuring that client data remains either on-premises or within secure, segregated infrastructure environments and is accessed strictly on a 'need-to-know' basis. This launch coincides with a pivotal moment in Egypt's digital transformation. In January, the government unveiled the second edition of its National AI Strategy (2025–2030)—an ambitious roadmap aimed at accelerating the 'Digital Egypt' initiative and positioning the country as a regional leader in artificial intelligence. The strategy, built on six core pillars and 21 strategic initiatives, prioritises the expansion of computational infrastructure, the enhancement of data governance to balance privacy with private sector access, and the significant development of AI competencies and digital skills. Among the strategy's key targets are the cultivation of 30,000 AI specialists, the establishment of 250 successful AI companies, and the publication of 6,000 academic papers annually by 2030. For technology professionals and AI talent, Robin's emergence—aligned with Egypt's national strategy—heralds a robust and expanding job market. The AI Talent Readiness Index for Africa 2025 ranked Egypt, alongside Tunisia, as the second-best prepared country on the continent for AI talent, reflecting significant national investments in education and digital capacity-building. While competition is intensifying, particularly for roles involving AI, machine learning, and data analysis, this growth is also fostering more competitive compensation packages designed to attract top talent. Demand for Python programmers, AI agents, and foundational software development expertise remains high, with AI and data science roles accounting for approximately nine per cent of Egypt's job market as of June 2025. Follow us on: Facebook Instagram Whatsapp Short link:

Minister: 5G Not Just Internet Speed but 'Milestone' in Digital Transformation
Minister: 5G Not Just Internet Speed but 'Milestone' in Digital Transformation

See - Sada Elbalad

time05-06-2025

  • Business
  • See - Sada Elbalad

Minister: 5G Not Just Internet Speed but 'Milestone' in Digital Transformation

Taarek Refaat Amr Talaat, Minister of Communications and Information Technology affirmed that the launch of 5G services in Egypt is a milestone in the digital transformation. He emphasized that 5G represents more than just an improvement in speed, but rather a qualitative leap in smart services in the fields of health, agriculture, transportation, and industry. During his official speech, the Minister explained that the state began 2024 by issuing the first 5G license, followed by granting licenses to all mobile companies operating in the Egyptian market, reflecting the state's commitment to expanding digital services. He pointed out that mobile companies have invested more than $2.7 billion in infrastructure and frequencies since 2019, reflecting the confidence of local and international investors in the Egyptian telecommunications sector. He also indicated that the government, in cooperation with telecommunications companies, is working to implement massive projects to connect fiber optic cables and cover more than 4,000 villages as part of the "Decent Life" initiative, emphasizing that telecommunications has become a "basic right" for every citizen. The Minister added that the number of users of the "Digital Egypt" platform has exceeded 8 million citizens, and that half a million young people have been trained in digital skills. He noted that the number of Egyptians working through global freelance platforms has jumped from 50,000 in 2020 to more than half a million in 2024. Talat concluded by thanking the Prime Minister for his significant support for this initiative, emphasizing that the launch of 5G represents the culmination of long-standing efforts and a fundamental pillar in building a digital Egypt. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream

OECD praises Egyptian reforms in latest report
OECD praises Egyptian reforms in latest report

Egypt Today

time11-05-2025

  • Business
  • Egypt Today

OECD praises Egyptian reforms in latest report

Cairo – May 11, 2025: A recent OECD report has lauded Egypt's strides in reforming its public sector, highlighting progress made under the revamped Egypt Vision 2030 and the updated Public Administration Reform Plan (PARP). The assessment points to major institutional improvements, particularly in digitizing government services, modernizing the civil service, and advancing gender and youth inclusion in policymaking. Despite these achievements, the OECD emphasized the importance of adopting a unified, government-wide strategy to strengthen coordination and ensure that decisions are guided by robust data and analysis. These frameworks, it noted, offer a strong foundation for long-term institutional transformation, but continued momentum and improved coordination across government are essential. Despite clear progress, the OECD emphasized that further work is needed to ensure these ambitious reforms meet citizens' needs and translate into tangible outcomes. On implementation challenges, the OECD stressed the importance of empowering the Ministry of Planning, Economic Development, and International Cooperation (MPEDIC) to better coordinate across sectors. It noted, 'With the present transition to a new planning system, it will be necessary to enhance and formalize co-ordination arrangements with relevant sectors to strengthen the alignment of mid-term programs and sectoral strategies with the strategic objectives outlined in Egypt Vision 2030.' The Central Agency for Organization and Administration (CAOA), which leads implementation of the PARP, was recognized for spearheading reforms. The OECD stated, 'Egypt has made progress towards a more modernized and fit-for-purpose public administration through various priority initiatives targeting the effectiveness of public institutions, digitalization, civil service and public services.' Still, the report urged CAOA to 'translate its strategic objectives into action plans, enhance co-ordination mechanisms and bolster capabilities to steer, co-ordinate, implement and monitor reforms across sectors and levels of government.' The report also highlighted Egypt's digitalization efforts through the Digital Egypt strategy, describing them as 'significant strides using digital solutions to improve the efficiency, accessibility and transparency of public services and procedures.' Yet, it cautioned that 'these strategic frameworks should provide details on how objectives within Digital Egypt can be operationalized.' On transparency and citizen engagement, the OECD noted that Egypt's constitution enshrines the right to access information, but progress remains incomplete: 'More efforts are needed to promote transparency, notably by proactively disclosing information in a systematic manner through a more coordinated and institutionalized approach, until a law on the right of access to information is adopted.' The report also encouraged broader public participation, urging Egypt to 'enhance citizen and stakeholder participation by establishing more impactful councils, conferences and advisory boards at the national and local levels; and exploring innovative participatory processes, including digital participation.' In terms of inclusion, the OECD acknowledged advances in gender and youth policies but recommended bolder steps. It advised the government to 'further integrate gender and youth mainstreaming in sectoral policy planning and in the PARP, as well as to promote women's and youth representation in the public sector.' Additionally, the report called for a dual strategy to 'target specific gender gaps while integrating gender equality across all policies.' The OECD concluded by affirming Egypt's potential to lead effective and inclusive governance reform: 'The OECD Public Governance Review of Egypt aims to help the Government translate its ambitious reforms into more effective, coordinated, evidence-based and citizen-driven policy outcomes.'

Egypt to Invest LE 13 Billion in ICT Sector as Part of 2025/2026 Development Plan
Egypt to Invest LE 13 Billion in ICT Sector as Part of 2025/2026 Development Plan

Egypt Today

time16-04-2025

  • Business
  • Egypt Today

Egypt to Invest LE 13 Billion in ICT Sector as Part of 2025/2026 Development Plan

CAIRO - 16 April 2025: Minister of Planning, Economic Development, and International Cooperation, Dr. Rania Al-Mashat, announced that Egypt will allocate LE 13 billion in public investments to the Information and Communications Technology (ICT) sector under the 2025/2026 development plan. Of this amount, LE 9 billion will be funded through the state budget. The announcement came during her address to the House of Representatives, where she outlined the strategic objectives for the ICT sector as part of the broader Economic and Social Development Plan for FY2025/2026. This marks the first year of Egypt's medium-term strategy for national development, covering the period from 2025/2026 to 2028/2029. Al-Mashat emphasized the ICT sector's crucial role in driving sustainable development. She noted that it supports key decisions related to investment, production, and employment by providing up-to-date knowledge and digital infrastructure. The sector's dynamic nature and strong growth potential have allowed it to sustain an annual growth rate of no less than 15 percent, making it one of the fastest-growing sectors in the Egyptian economy. She also reaffirmed the government's commitment to enhancing ICT infrastructure through ongoing and future projects. These include the creation of a secure, closed government network, upgrading connectivity across public institutions, and expanding digital transformation efforts nationwide. Highlighted initiatives under this strategy include the rollout of the universal health insurance system, further development of the national 'Digital Egypt' services platform, modernization of the country's data infrastructure and digital content, and full automation of services such as social welfare programs, passport and visa issuance, property tax records, and agricultural land registration. In terms of measurable goals, the 2025/2026 plan aims to increase the share of citizens using digital government services to 31 percent. It also sets a target to establish innovation hubs in 60 percent of Egypt's governorates and to boost the number of mobile network towers to around 40,000. Additionally, over 600,000 people are expected to receive training in ICT-related fields, while Egypt's annual digital exports are forecasted to reach $8.5 billion—of which $6 billion will come from outsourcing services.

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