Egypt, Singapore, Iraq join digital transformation push
The post Egypt, Singapore, Iraq join digital transformation push appeared on BitcoinEthereumNews.com. Homepage > News > Business > Egypt, Singapore, Iraq join digital transformation push Egypt and Singapore have announced plans to deepen bilateral relations in digital transformation, leveraging emerging technologies, following significant progress in their respective initiatives. Egyptian Investment and Foreign Trade Minister Hassan El-Khatib met with Singaporean President Tharman Shanmugaratnam on the sidelines of the Egypt-Singapore Business Forum to explore new investment opportunities and exchange ideas centered on digitalization. El-Khatib told the Singaporean president that bilateral relations between the two countries have “untapped strategic potential” beyond current milestones, adding that a concerted effort to extend bilateral ties across digital transformation, renewable energy, and port development will yield results for both nations. In a show of commitment, El-Khatib confirmed that the regulators have rolled out clear licensing guidelines for foreign firms keen on starting operations in the country. Furthermore, he highlighted several investment opportunities in the Suez Canal Economic Zone for Singapore, describing it as a vital trade route connecting three continents. On his part, Shanmugaratnam hailed Egypt for making impressive progress with infrastructure and accompanying policies to power its digital transformation. Shanmugaratnam disclosed that the Southeast Asian nation is eyeing a raft of investment opportunities in Egypt, particularly in port management and digitalization. In the meantime, Shanmugaratnam said Singapore will be open to technology transfer while strengthening cooperation in technical education to expand Egypt’s talent pipeline. In March, Singapore signed an agreement with India for maritime digitization and decarbonization amid a streak of cross-border collaborations. Egypt’s steady approach toward digitalization While Egypt has turned its gaze outward to pursue international cooperation agreements, the country has set things in motion on the home front. Earlier, authorities unveiled a strategy for key economic sectors to achieve regional dominance in the coming years. In finance, the country has recorded a surge in digital…
The post Egypt, Singapore, Iraq join digital transformation push appeared on BitcoinEthereumNews.com.
Homepage > News > Business > Egypt, Singapore, Iraq join digital transformation push Egypt and Singapore have announced plans to deepen bilateral relations in digital transformation, leveraging emerging technologies, following significant progress in their respective initiatives. Egyptian Investment and Foreign Trade Minister Hassan El-Khatib met with Singaporean President Tharman Shanmugaratnam on the sidelines of the Egypt-Singapore Business Forum to explore new investment opportunities and exchange ideas centered on digitalization. El-Khatib told the Singaporean president that bilateral relations between the two countries have “untapped strategic potential” beyond current milestones, adding that a concerted effort to extend bilateral ties across digital transformation, renewable energy, and port development will yield results for both nations. In a show of commitment, El-Khatib confirmed that the regulators have rolled out clear licensing guidelines for foreign firms keen on starting operations in the country. Furthermore, he highlighted several investment opportunities in the Suez Canal Economic Zone for Singapore, describing it as a vital trade route connecting three continents. On his part, Shanmugaratnam hailed Egypt for making impressive progress with infrastructure and accompanying policies to power its digital transformation. Shanmugaratnam disclosed that the Southeast Asian nation is eyeing a raft of investment opportunities in Egypt, particularly in port management and digitalization. In the meantime, Shanmugaratnam said Singapore will be open to technology transfer while strengthening cooperation in technical education to expand Egypt’s talent pipeline. In March, Singapore signed an agreement with India for maritime digitization and decarbonization amid a streak of cross-border collaborations. Egypt’s steady approach toward digitalization While Egypt has turned its gaze outward to pursue international cooperation agreements, the country has set things in motion on the home front. Earlier, authorities unveiled a strategy for key economic sectors to achieve regional dominance in the coming years. In finance, the country has recorded a surge in digital…
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