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Egypt and Hungary to Cooperate in ICT Sector

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Amr Talaat, the Minister of Communications and Information Technology, Egypt, was in Budapest, to discuss cooperation, new investments, and joint projects in the Egyptian communications and information technology sector with the Government of Hungary.

 Amr Talaat, the Minister of Communications and Information Technology, Egypt, was in Budapest, to discuss cooperation, new investments, and joint projects in the Egyptian communications and information technology sector with the Government of Hungary.

Talaat also attended a round table hosted by the Hungarian Export Promotion Agency (HEPA), with the participation of several Hungarian companies specializing in communications and information technology. The round table aimed to showcase the investment opportunities in the Egyptian sector.

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He also joined a workshop organized by the Hungarian Ministry of National Economy and the Budapest University of Technology and Economics, which focused on the communications and information technology ecosystem in Hungary and the potential areas of collaboration between the two countries.

The local gold price in Egypt is unstable, with inconsistent pricing and trading, according to a Gold Bullion report. The shops are worried about their gold reserves and the lack of a clear price for buying or selling. The average price in the market is around EGP 3,950 per 21K gram, but there is no agreement on the price for trading.