MoU signed on Egypt's hosting of Innovation Summit 2018

CAIRO – 27 December 2017: Minister of Communication and Information Technology Yasser el Qadi Wednesday witnessed the signing of a memorandum of understanding between the ministry and the executive chief of the Innovation Summit on arrangements for Egypt's hosting of the global event, slated for July 29-31, 2018.

The summit is expected to be attended by more than 600 ministers and government representatives of Arab, Middle Eastern, North African and European states as well as regional and international private companies.

The 2018 summit aims at encouraging investment in Egypt, as being a launching pad for regional markets through direct funding of projects and partnership with the private sector. It will also shed light on Egypt's potentials which enable it to become a leading country in the field of innovation in the area.

The summit is expected to include sessions featuring ministers, senior government officials and decision-makers and joint sessions between the ministers, government officials and representatives of the private sector and investors.