President Abdel Fattah El Sisi meets with visiting CEO of Vodafone Group Nick Read (courtesy of the Egyptian presidency)
Egypt’s President Abdel-Fattah El-Sisi met on Sunday with visiting CEO of Vodafone Group Nick Read to discuss cooperation between the group and Egypt’s IT and communications sector. The meeting was also attendended by Mohamed AbdAllah, Vodafone Egypt’s Chief Executive Officer.
El-Sisi told Read that Cairo is seeking fruitful and constructive cooperation with global companies that have extensive experience in different fields, presidential spokesman Bassam Rady said.
These companies are seen as development partners, the president said.
El-Sisi discussed efforts to boost Vodafone investments in Egypt given the company’s knowledge in the fields of communications and digital transformation.
Egypt is seeking to benefit from Vodafone’s knowhow in terms of managing facilities and new cities, which are key factors in the government’s plan to go digital and achieve comprehensive development, El-Sisi said.
Read said he was pleased with the comprehensive development process in Egypt.
The huge national projects have positively affected the investment climate in Egypt, Read said, adding that he believes this should encourage Vodafone to further expand in Egypt.
Indeed, Egypt is a major communications and IT market in the region, he said, noting that this contributes to achieving sustainable development and upgrading the system of services offered to citizens.
Read told El-Sisi that Vodafone is working to launch a pilot operation of its G5 technology in the New Capital because of its advanced infrastructure.