ArabFinance: Egypt will host the 25th edition of the World AI Show on May 31st, supported by Information Technology Industry Development Agency (ITIDA), according to a recent press release.

The virtual event will host over 350 pre-qualified business leaders, and top-tier solution providers, bringing a significant impact on the AI landscape in Egypt.

The event also aims to deep dive into key areas of AI in the era of Digital Governance, the role of digital transformation in Critical Infrastructure Advancement, understanding how digital transformation is shaping up the banking and finance industry, and assessing the sectors in Critical Infrastructure where AI/ML has caused a Disruption, among others.

Egypt is quite keen to embrace emerging digital technologies in order to boost the development of various vital state sectors. As such, we are excited to support such an important gathering to help nurturing the AI ecosystem in Egypt, Amr Mahfouz, CEO of ITIDA, commented.

AI represents an opportunity for Egypt. With all of the evolutions and benefits of AI, Egypt started its forward-looking steps towards AI with projections that AI composes 7.7% of its gross domestic product (GDP) in 2030.

In the Middle East and North Africa (MENA) region, the new technology is expected to make an economic contribution of $320 billion by 2030, with gains expanding annually by between 20% and 34%.

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