Minister of Communications and Information Technology Amr Talaat has opened two branches of Concentrix Egypt, which specializes in outsourcing services.

The step comes as part of the company’s plan to expand its business in Egypt.

The opening ceremony was attended by the country head of Concentrix in Egypt Yamen Bahaa and the company’s regional director.

Concentrix Egypt aims to provide 3,500 job opportunities in 2022 to bring the total number of its employees in the country to 8,500.

It also targets having 15,000 staffers by 2025 with a dividend yield amounting to $250 million annually.

The minister opened one of the branches in person at Smart Village in the outskirts of Cairo, while he inaugurated the other one located in Maadi via video conference.

Source: State Information Service Egypt