Egypt’s ICT Minister witnesses signing of key telecom investment agreements

Date: 2026-02-27
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By:  Robert Kwaku Annor

The Minister of Communications and Information Technology, Eng. Raafat Hendy has witnessed the signing of commercial agreements between the National Telecom Regulatory Authority (NTRA), Telecom Egypt, and e& Egypt, aimed at boosting investment and enhancing mobile service quality in the country.

The agreements, signed by NTRA Executive President Mohamed Shamroukh, Telecom Egypt Managing Director and CEO Tamer El Mahdi, and e& Egypt CEO Hazem Metwally, are intended to attract both national and international investment while keeping pace with technological advancements in the mobile industry.

In his remarks, Hendy emphasized that the agreements demonstrate the Ministry’s commitment to addressing challenges faced by ICT investors and fostering collaboration among telecom companies, aligning with Egypt’s broader strategy to advance Digital Egypt.

He commended NTRA for facilitating the agreements and praised the cooperation of both companies in bringing the deals to fruition. The agreements are expected to strengthen the telecom sector, encourage further investment, and support ongoing improvements in Egypt’s digital infrastructure and services.

 

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