Egypt has secured a commitment from EY Middle East and North Africa (EY MENA) to build a regional consulting and technology hub in the country, positioning Egypt as a contender in the competition among multinationals for regional delivery locations. The memorandum of understanding, signed with Egypt’s Information Technology Industry Development Agency (ITIDA), is expected to create more than 1,000 specialized jobs over the next three years.
A site-selection decision, not a routine MoU
The deal shows Egypt has cleared the due diligence bar that multinationals use when choosing delivery hubs. Raafat Hindy, Egypt’s minister of communications and information technology, said it reflects the country’s growing pull for cross-border investment in technology services and strengthens its position as a regional hub for outsourcing and consulting.
Notably, the roles are not voice or transactional back-office work. The center will handle business consulting, risk advisory, cybersecurity, data analytics, AI, and enterprise platforms. These are higher-margin KPO and ITO-tier delivery services that business process outsourcing (BPO) companies and managed service providers (MSPs) have long tried to move clients toward.
Omar Odeh, EY MENA’s consulting leader, cited Egypt’s young talent pool, digital infrastructure, and geographic position as deciding factors, according to Daily News Egypt.
ITIDA is also part of the pitch. Ahmed Elzaher, ITIDA’s chief executive, said the agency’s workforce development programs help lower the barrier to entry for other providers eyeing delivery centers in Egypt, according to ITIDA’s official press release. Tamer Abul Azm, EY Egypt’s consulting leader, added that EY Egypt’s goal extends beyond its own practice, aiming to build a generation of professionals who can lead complex projects regionally.
The cooperation between EY MENA and ITIDA also includes digital skills development programs, workforce-readiness initiatives, and incentives to attract other multinational companies to establish regional service operations in Egypt. EY has operated in the Middle East and North Africa since 1923 and currently employs more than 8,500 professionals across 27 offices in 14 countries.
The bigger picture for BPO
For BPO and MSP buyers, the deal gives Egypt a stronger case for inclusion on the shortlist for higher-value work, such as cybersecurity, data analytics, and enterprise technology services, rather than just low-cost transactional labor.
Providers already in Egypt benefit from Big Four validation, which means association with EY and the other three largest global professional services networks (Deloitte, KPMG, and PwC), plus a government-subsidized talent pipeline. New entrants should expect tighter competition for skilled talent and rising wage pressure as EY scales hiring.
It’s also a nudge for clients concentrated in traditional delivery geographies to reassess risk and consider MENA-based alternatives.
The 2029 target gives the industry a concrete milestone. Analysts and competing delivery markets now have a benchmark against which to track how quickly Egypt’s outsourcing capacity actually scales, and whether the 1,000-job commitment holds up as the center moves from MoU to operation.
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ITIDA. (2026, July 2). “EY MENA Launches Regional Consulting and Technology Hub in Egypt.” Retrieved from https://itida.gov.eg/English/PressReleases/Pages/ey-mena-regional-consulting-technology-hub-egypt.aspx
Daily News Egypt. (2026, July 5). “Egypt, EY MENA partner to establish regional consulting, IT outsourcing hub, creating 1,000 jobs.” Retrieved from https://www.dailynewsegypt.com/2026/07/05/egypt-ey-mena-partner-to-establish-regional-consulting-it-outsourcing-hub-creating-1000-jobs/
