Noventiq Reinforces Commitment to Egypt as a Regional Technology Hub at Global Offshoring Summit 2025
Noventiq, a leading global provider of digital transformation and cybersecurity solutions, underscored its commitment to positioning Egypt as a premier regional technology hub during the Global Offshoring Summit – Egypt 2025, held in Cairo on November 9-10 under the patronage of H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt.
Summit Highlights and Strategic Partnerships:
The summit, organized by Egypt’s Ministry of Communications and Information Technology and the Information Technology Industry Development Agency (ITIDA), brought together global technology leaders, government officials, and industry innovators to explore the future of digital services, artificial intelligence (AI), and the knowledge economy.
During the event, Noventiq signed a Memorandum of Understanding (MoU) with ITIDA, marking a key step in strengthening strategic cooperation on digital transformation, technological capacity building, and innovation in Egypt. The MoU focuses on:
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Exchanging expertise in AI, cloud, and cybersecurity solutions.
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Establishing practical partnerships to accelerate AI adoption and digital service innovation.
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Supporting Egypt’s vision to become a leading regional hub for technology and digital services.
Insights from Noventiq Leadership:
In conference sessions on the future of outsourcing, Torgrim Takle, CEO of Noventiq, highlighted Egypt’s strategic advantages for global technology investments, including its location, skilled young workforce, government support, and robust digital infrastructure.
“Digital transformation is no longer an option – it’s a strategic necessity for any nation striving to enhance its global competitiveness,” said Takle. “Egypt offers an inspiring model of investing in young talent and fostering an innovation-driven ecosystem, making it a key partner for us in building a smarter future.”
Mohamed Mostafa, Head of Noventiq Egypt and Saudi Arabia, added:
“Hosting this global event reflects international confidence in Egypt’s capabilities. Noventiq’s participation sends a clear message: we are deepening our investment in Egypt, supporting the government’s digital strategy, and empowering local youth with future-ready skills.”
Strategic Investment:
Noventiq also announced a new strategic partnership and investment from Niobrara Capital, signaling strong investor confidence in Noventiq’s growth strategy and its role in helping enterprises accelerate digital transformation with advanced AI, cloud, cybersecurity, and data management solutions.
“Collaboration among nations, businesses, and technology is the true driver of sustainable development,” concluded Takle. “Our participation here reaffirms our commitment to building new bridges between markets and expanding opportunities for the next generation of digital talent in Egypt and across the region.”
