Egypt has been named the Out sourcing Destination of the Year at the National Outsourcing Association’s 2008 Awards ceremony held in London, beating out notable locations like Philippines and Romania. The country has become a leading force in the outsourcing world, as notable companies, including Microsoft, have found a home in Egypt. The head of Egypt’s Information Technology Industry Development Agency (ITIDA), Dr. Hazem Abdelazim, was in London to receive the award on behalf of the Egyptian government. It was a unique ceremony that saw more than 350 high-level executives and outsourcing professionals in one place. “This award recognizes the vast progress Egypt has made in the outsourcing market,” said Abdelazim in his acceptance speech. “Egypt is slowly but surely putting its mark on the map of favoured global services locations. Its young population, a large multi-lingual workforce, a solid infrastructure and a competitive cost structure is fortified by unequivocal government support, making Egypt a compelling destination for outsourcing services,” he added. The award was given to Egypt based on the country’s growing language skills, young population and growing list of global sourcing investments.
