//Skip to content
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Apple CEO Tim Cook Considers Investing in Egypt

January 24, 2019

Egyptian Prime Minister Mostafa Madbouly discussed on Tuesday with Apple CEO Tim Cook the chances for the giant tech company to make direct investments in Egypt, according to a statement by the Ministry of Investment and International Cooperation. On the sidelines of the World Economic Forum, Apple CEO Tim Cook expressed the company’s interest in investing in Egypt, and that the company is examining the map and possible areas of investment. Cook added that there are 38,000 people from Egypt working in IOS apps development, and also welcomed cooperation with Egypt in the field of education and sharing Apple’s experience and successes in the field around the world. Prime Minister Madbouly said that Egypt has a very ambitious plan to improve its education system, which includes providing 750,000 tablets yearly to high school students that Apple can benefit from by  providing these tablets. Madbouly also highlighted the popularity of Apple products in the Egyptian market, and that the government is working on a plan to turn Egypt into a hub for electronic industries in the Middle East. The Egyptian prime minister added that Apple can find investment opportunities in the New Administrative…


Hi guest,

You've read all of your free articles.
Subscribe now to support independent journalism and to enjoy:


Unlimited access to all our articles

Exclusive events and offers

First access to new premium newsletters

Ability to comment on articles

Full user profile