The Egyptian Cabinet approved a contract between the Ministry of Communications and Information Technology and Microsoft to provide the licenses and services needed to operate the unified data center for the new administrative capital.
The contract will also include cloud computing services, accompanied by the transfer of ministries and government agencies to the new government district.
This came during the cabinet's weekly meeting on Wednesday, chaired by Mostafa Madbouly.
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The Ministry of Finance at the new government district[/caption]
The Cabinet also approved the minutes of the Supreme Compensation Committee, which includes a combined statement of the total values of compensation ratios for contracts, supplies and public services, and a bill to merge the Egyptian Cotton Improvement Fund into the “Cotton Research Institute” affiliated to the Agricultural Research Center to help improve the Egyptian cotton yield.
It is noteworthy that the total area of the government district in the new capital is 1133 feddans, equivalent to 4.8 million square meters. It includes the building of the House of Representatives and the Council of Ministers, in addition to the ministerial buildings with a total of 34 buildings and 29 ministries on an area of 153 feddans.
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Madbouly inspecting the government district in Sept 2020[/caption]
Microsoft
Microsoft reported yesterday that its cloud computing services “Azure” grew 50% in a second quarter of high revenues as the global pandemic benefited from working and learning from home.
The tech company said that revenue in the “smart cloud” segment rose 23% to $14.6 billion, with a 50% growth in Azure.
Shares went up 5% in trading after gaining around 41% in 2020 alone as COVID-19 has transformed computing and software. Microsoft also saw a sales boom on the professional social network “LinkedIn”.
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