Microsoft to Launch an Online Platform for Startup Solutions in Egypt
By Muhammed Aladdin
Microsoft, a giant in the tech industry, has just announced the kick-off of its latest online platform using cloud technology for entrepreneurs and startup solutions in Egypt.
According to Masrawy’s interview with Sherif Aziz, Microsoft’s Startup Initiative Director, the newly-launched platform will help bring young entrepreneurs with investors and public bodies. The forecast research by the International Data Corporation was recently able to find that Microsoft’s cloud services could create around 100,000 jobs in Egypt by the end of 2022.
In other words, the platform will help guide new startups looking for funding through marketing and networking. It aims to introduce the founders of these emerging companies to public and private investment funds creating jobs in the process.
With Microsoft supporting a whopping 202,250 workers in 2017, the addition of a 100,000 more IT and tech jobs is something worth mentioning, especially when the economy gains USD 9.37 in revenue for every 1 dollar Microsoft makes.
In a press release published by Enterprise, Khaled Abdel Kader, General Manager of Microsoft Egypt, has stated that technological advancement is nothing new to Egypt. The country has been an emerging economy for years, and with the introduction of the 2030 vision, it is expected that economic sustainability is possible to achieve.
“Ongoing investments around cloud technologies will support the country’s development plans which are fuelled by various digital transformation initiatives. Microsoft is proud of its record of job creation in Egypt. Acceleration of
economic growth and innovation and the downstream revenue that comes from the Microsoft ecosystem,
are natural outcomes from our efforts to empower every individual and organization on the planet to
achieve more,” Abdel Kader continued.
Recently, Microsoft has launched a campaign under the byline “Tawar w 3’ayar”. It aims to bridge the skill gap in the Egyptian labor market by training and empowering Egyptian youth for fourth industrial revolution jobs that would help Egypt overcome its current challenges.
WE SAID THIS: While on the subject, check out The 2019 World Economic Forum Is Calling for 100 Promising Startups From the Arab World!
