Egyptian Communications and Information Technology Ministry has signed
a $10m agreement with Google to support domestic business and workforce
development
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Science - Nature Egypt signs $10m development deal with Google
Science - Nature Egypt signs $10m development deal with Google | Egypt signs $10m development deal with Google |
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| Written by Egypt News | |
| Sunday, 28 June 2009 | |
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Egypt's Ministry wanted the internet giant's support to provide an advertising platform for Egyptian products and services. As part of the deal, Google must invest 25% of the payment back into the Egyptian economy Over the medium to long term, Google's $2.5m investment agreement is likely to include growing digital media start-ups, incubation venture capital, and angel funding of the ICT sector and potentially training students in online advertising.
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