Google Contributes EGP 11 Bln to Push Wheel of Economic Activity in Egypt

Google said that it contributed about EGP 11.2 billion to help push the wheel of economic activity in Egypt during 2021.

The tech giant added in a statement on Tuesday, that the "Google Economic Impact" report was released, a report prepared by the Public First Research Agency on the role of Google's products in helping inpiduals, local businesses, content makers and software developers in Egypt, Saudi Arabia and the UAE.

It said these reports are based on public surveys and analyzes based on economic models, as well as data from reliable third parties.

Hesham Al-Nazer, General Manager of Google in Egypt, said: "In recent years, we have noticed different uses of Google products by inpiduals, companies, content makers, and application developers with the aim of achieving growth and launching innovative projects in light of the challenges imposed by the pandemic.. We are committed today to continue to Investing and launching more local programs and partnerships in Egypt, and we always strive to support more inpiduals and businesses to take advantage of digital opportunities.”

In October 2020, Google announced a $13 million grant to help one million people and businesses in the Middle East and North Africa learn new digital skills and grow their businesses by the end of 2021.

This program aims to accelerate the pace of economic recovery in the region by supporting the process of digital transformation by providing digital tools, training courses, and financing grants to support local businesses and job seekers.