Digital Economy
Maait elaborated that we [the government] aim to complete all projects to develop and automate the tax and customs systems, by the end of next June.
The size of digital economy ranges between 4.5% and 15.5% of the world's economy, according to UNCTAD.
Minister of Finance Mohamed Maait reviewed the executive stance of the national project aimed at modernizing and digitalizing the tax administrative system.
Minister stressed the role and importance of e-signature in governmental, commercial, and administrative transactions, highlighting that the E-Signature Law is the first Egyptian legislation for regulating e-transactions.
The electronic portals will deduct the trip cost directly from the credit cards without having a ticket.
By installing the app, the booking process has been made easier, and at travelers’ fingertips.
The proliferation of digital technologies in Egypt’s electricity system comes within the framework of the government’s goal to harness the power of the digital economy and transition to cashless transactions.
African leaders, European CEOs, and international officials delivered speeches on digital transition in Africa and the potential of the ICT sector.
Governor of the Central Bank of Egypt Tarek Amer and former telecommunications minister Atef Helmi attended the first session.
This comes in light of the state’s digital transformation strategy.
A wrap-up of the most prominent business news of the day.
Internet usage, big data, cybersecurity, business usage of ICT and the empowerment of citizens across the Arab world were some of the key themes explored at WGS 2018.
Nine Egyptian companies will participate in the international consumer electronics trade show, introducing purely Egyptian technology products.
Visa Inc. will inject its largest investments outside the U.S. in Egypt.
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