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Giza Systems and Egypt Ventures Partner to Foster Innovation 

Giza Systems and Egypt Ventures Partner to Foster Innovation 
Image Source: Giza Systems
  • Giza Systems and Egypt Ventures signed an MoU establishing a framework for collaboration to foster innovation in the healthcare and fintech sectors.
  • This collaboration aims to explore the integration of emerging technologies such as AI, machine learning, blockchain, and IoT. 
  • The partnership aims to leverage Giza System’s expertise in digital transformation and systems integration to mentor startups.

Giza Systems and Egypt Ventures

Giza Systems and Egypt Ventures signed a memorandum of understanding (MoU), establishing a framework for collaboration. This is to connect Egyptian startups with Giza Systems to foster innovation in the healthcare and fintech sectors.

This collaboration aims to explore the integration of emerging technologies such as AI, machine learning, blockchain, and IoT. Moreover, this with the aim of developing solutions in areas such as AI-powered diagnostics, telemedicine and inclusive financial services. 

“This partnership with Giza Systems is a valuable step on the road to strengthening connections and collaborations between startups and corporates and represents a significant opportunity for Egypt’s rapidly evolving startup landscape.”

AbdelRahman Mansour, CEO of Egypt Ventures

Supporting Startups

Giza Systems is a digital transformation enabler in the MENA region, while Egypt Ventures is a government-backed venture capital investment firm focusing on the entrepreneurial ecosystem. 

“By collaborating with Egypt Ventures, we aim to empower Egyptian startups in Healthcare and Fintech by providing them with the guidance, resources, and market access they need to succeed. This partnership will not only benefit the startups but also drive innovation within Giza Systems, expanding our offerings and accelerating digital transformation across the region.”

Osama Sorour, CEO of Giza Systems

Recently, Egypt Ventures launched its Corporate Partnership initiative to help strengthen ties between corporates and startups. They aim to use this kind expertise in their new partnership. Meanwhile, with the partnership, Giza Systems aims to regionally expand with specific plans to expand to Saudi Arabia. 

The partnership aims to leverage Giza System’s expertise in digital transformation and systems integration to mentor startups, provide technical guidance, and integrate suitable solutions to its portfolio. In addition, with this they seek to enhance the competitiveness of Egyptian startups.

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