By Mark Sutton
IT solutions giant increases its regional presence with the establishment of operations in Egypt, company aiming to develop regional hubs
Global IT consultancy Logica has expanded its operation in the Middle East, with the launch of a Cairo office. Following talks with His Excellency Dr Nazif, Egypt’s minister of communications and information technology, to discuss the increasing impact of IT on business in Egypt, Dr Martin Read, managing director and chief executive of Logica announced that the company intends to focus activities on Cairo as a development hub for its activities in the Middle East and Africa.
The company already has offices in Dubai and Riyadh, supplying payment systems to banks in more than 25 countries in the region, next generation telecommunications solutions, and software for de-nationalised electricity and gas sectors.
"The Egyptian market for IT services has evolved significantly over recent years. We believe that an established local presence will help to ensure that Egyptian businesses have access to the best of breed solutions offered by Logica. commented Dr. Read.
"The coming of greater levels of deregulation and privatisation in the areas of financial services, telecommunications, and energy and utilities bodes well for us, as Logica has established international market leadership in these very sectors," he added.