The Information Technology Industry Development Agency (ITIDA) has announced today disbursing of its Export-IT’s 2019 cash rebate on ICT exports of the local ICT companies. Cairo, Egypt – July 26, 2021 - The Information Technology Industry Development Agency (ITIDA) has announced today disbursing of its Export-IT’s 2019 cash rebate on ICT exports of the local ICT companies. According to ITIDA, 33 companies have applied for the program the first time, while 22 startup companies have joined this year. ITIDA has excluded the Egyptian IT startup companies that were founded in 2016 or later from the “headquarter in Egypt” condition. Throughout the eleven previous rounds of Export-IT, ITIDA has extended support to more than 230 Egyptian companies, with a total value amounting to EGP480 m.

Source: Egypt Today July 26, 2021 09:22 UTC