{"id":2333,"date":"2026-07-28T01:10:00","date_gmt":"2026-07-27T22:10:00","guid":{"rendered":"https:\/\/dailybusiness.info\/?p=2333"},"modified":"2026-07-28T01:13:39","modified_gmt":"2026-07-27T22:13:39","slug":"world-bank-commits-to-backing-egyptian-digital-economy-and-ai-transition-during-cairo-talks","status":"publish","type":"post","link":"https:\/\/dailybusiness.info\/?p=2333","title":{"rendered":"World Bank commits to backing Egyptian digital economy and AI transition during Cairo talks"},"content":{"rendered":"
\n

The World Financial institution Group has pledged to assist Egypt in constructing a aggressive digital economic system and advancing synthetic intelligence (AI) adoption, as officers reviewed the nation\u2019s broadband growth and the rollout of its second nationwide AI technique.<\/p>\n

Minister of Communications and Data Know-how Raafat Hindi met with Paschal Donohoe, Managing Director and Head of Information Specialists on the World Financial institution Group, to debate mechanisms for enhancing cooperation in digital transformation and AI.<\/p>\n

\u201cEgypt has laid sturdy foundations for digital transformation. As competitors between international locations within the digital economic system intensifies, information has develop into as necessary as finance,\u201d Donohoe stated through the talks.<\/p>\n

He famous that sharing sensible options and experience in information governance, digital regulation, and institutional capability constructing accelerates funding and innovation.<\/p>\n

\u201cDrawing on the World Financial institution Group\u2019s huge information base, we’re dedicated to supporting Egypt in adapting international experience and options according to its nationwide priorities, constructing a extra aggressive digital economic system that creates jobs and opens broader horizons for progress and prosperity,\u201d Donohoe added.<\/p>\n

Hindi emphasised his ministry\u2019s keenness to construct on its prolonged partnership with the World Financial institution, noting a transparent imaginative and prescient for the subsequent section. He outlined a method targeted on accelerating digital transformation, upgrading digital infrastructure, growing capacities, and fostering an surroundings to draw funding within the info and communications know-how sector.<\/p>\n

The minister additionally referenced a gathering with World Financial institution officers final week on the sidelines of the World Summit on the Data Society (WSIS) in Geneva, the place either side agreed to proceed coordination.<\/p>\n

Throughout the Cairo assembly, officers reviewed key ministry initiatives, together with enhancing public digital infrastructure, increasing high-speed web availability, and enhancing telecommunications providers in villages underneath the \u201cRespectable Life\u201d presidential initiative.<\/p>\n

Discussions additionally highlighted efforts to advertise AI, primarily the launch of the second model of the Nationwide AI Technique. The 2 sides reviewed the growth of AI purposes throughout the state administrative equipment, capacity-building programmes for workers, and purposes developed by the Utilized Innovation Centre.<\/p>\n

The talks additional addressed efforts to encourage public-private partnerships, reinforce digital sovereignty, and promote company funding in information centres. Officers additionally mentioned growing the legislative and regulatory framework for information governance and enhancing on-line little one safety.<\/p>\n

The assembly was attended by Data Know-how Trade Improvement Company (ITIDA) CEO Ahmed El-Zaher, Assistant Minister for Digital Transformation Affairs Mahmoud Badawy, Minister\u2019s Advisor for Technological Expertise Improvement Hoda Baraka, Head of the Central Administration for Worldwide Relations Samah Aziz, and ITIDA Deputy CEO Mahmoud Safaratah.<\/p>\n

The World Financial institution delegation included Stephane Guimbert, Nation Director for Egypt, Djibouti and Yemen; Ari Naim, Worldwide Finance Company (IFC) Supervisor for North Africa and the Horn of Africa; Sylvia Solf, Digital Transformation and AI Apply Supervisor for the Center East, North Africa, Afghanistan and Pakistan; and Zaki Khoury, Senior Digital Improvement Specialist.<\/p>\n

As a part of their programme, the World Financial institution delegation additionally visited the Valeo AI improvement centre within the Good Village.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The World Financial institution Group has pledged to assist Egypt in constructing a aggressive digital economic system and advancing synthetic intelligence (AI) adoption, as officers reviewed the nation\u2019s broadband growth and the rollout of its second nationwide AI technique. Minister of Communications and Data Know-how Raafat Hindi met with Paschal Donohoe, Managing Director and Head […]<\/p>\n","protected":false},"author":13,"featured_media":2334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[],"class_list":["post-2333","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology"],"yoast_head":"\nWorld Bank commits to backing Egyptian digital economy and AI transition during Cairo talks - daily business egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailybusiness.info\/?p=2333\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank commits to backing Egyptian digital economy and AI transition during Cairo talks\" \/>\n<meta property=\"og:description\" content=\"The World Financial institution Group has pledged to assist Egypt in constructing a aggressive digital economic system and advancing synthetic intelligence (AI) adoption, as officers reviewed the nation\u2019s broadband growth and the rollout of its second nationwide AI technique. 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