The forum was attended by Oligui Nguema, the President of Gabon, along with seven ministers from the Gabonese government: the Ministers of Foreign Affairs, Public Works, Energy and Water Resources, Health, Economy, Digital Economy, and Transport.
The Egyptian Trade Union Federation (ETUF) has launched an ambitious initiative for qualifying one million Egyptian workers to work in the digital economy.
The signed agreements include a memorandum of understanding aimed at boosting trade, economic partnerships, and cooperation in macroeconomic forecasting, digital economy initiatives, and regional economic integration.
El-Etreby stated that this step is an excellent move that aligns with Egypt's digital strategy, aiming to enhance financial inclusion, build a competitive digital economy, expand financial technology, and utilize digital solutions in providing financial services.
The move comes as part of the government's plan to move toward a digital economy and attain the Sustainable Development Goals (SDGs) in line with Egypt's Vision 2030.
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 newly opened zone is expected to offer thousands of opportunities for SMEs to benefit from the ongoing growth of digital economy.
The size of digital economy ranges between 4.5% and 15.5% of the world's economy, according to UNCTAD.
This comes as part of the support of the state's approach to the transformation to the digital economy, while granting preferential benefits to transfers made electronically to encourage them to use electronic channels.
The value of the world's digital economy is estimated at $12 trillion, about 15 percent of the global GDP, Maait said.
The slogan of the annual conference is "Investing in Egypt's future digital economy”.
Moroccan Minister of Industry, Investment, Trade, and Digital Economy Moulay Hafid Elalamy said that King Mohammed VI is keen on promoting relations with Egypt.
The slogan of the annual conference is "Investing in Egypt's future digital economy”.
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.
Governor of the Central Bank of Egypt Tarek Amer and former telecommunications minister Atef Helmi attended the first session.
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.
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