Cairo, Egypt – Giza Systems, a leading digital transformation enabler in the MENA region, has signed a Memorandum of Understanding (MoU) with Egypt Ventures, a government-backed venture capital firm. This strategic collaboration is set to foster innovation in the healthcare and fintech sectors by connecting Egyptian startups with Giza Systems’ vast expertise in digital transformation and systems integration.
The partnership will focus on integrating emerging technologies such as artificial intelligence (AI), machine learning, blockchain, and the Internet of Things (IoT) to develop cutting-edge solutions in AI-powered diagnostics, telemedicine, and inclusive financial services. The initiative is aimed at enhancing Egypt’s rapidly evolving startup ecosystem and boosting digital innovation across the region.
AbdelRahman Mansour, CEO of Egypt Ventures, expressed his enthusiasm for the collaboration: “This partnership with Giza Systems is a valuable step on the road to strengthening connections and collaborations between startups and corporates. It represents a significant opportunity for Egypt’s rapidly evolving startup landscape.”
Through this MoU, Giza Systems and Egypt Ventures will support startups by providing guidance, resources, and access to markets, with a particular emphasis on the healthcare and fintech sectors. This initiative aligns with Egypt Ventures’ recently launched Corporate Partnership initiative, which aims to strengthen ties between corporates and startups, fostering mutual growth and innovation.
Osama Sorour, CEO of Giza Systems, commented on the partnership’s potential: “By collaborating with Egypt Ventures, we aim to empower Egyptian startups in healthcare and fintech, 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.”
As part of the collaboration, Giza Systems plans to extend its regional footprint, with specific plans to expand into Saudi Arabia, further broadening the impact of this partnership.
This agreement signals a promising future for Egypt’s startup ecosystem, marking a pivotal step toward enhancing the competitiveness of Egyptian startups while accelerating the adoption of digital technologies across the MENA region.
About Giza Systems
Giza Systems is a leading provider of digital transformation and systems integration solutions in the MENA region. With over 40 years of experience, the company helps businesses and governments navigate their digital journeys with innovative, efficient, and scalable solutions.
About Egypt Ventures
Egypt Ventures is a government-backed venture capital investment firm dedicated to fostering Egypt’s entrepreneurial ecosystem. The firm focuses on providing funding and strategic guidance to early-stage startups across various sectors, with an emphasis on healthcare, fintech, and other key industries driving economic growth in Egypt.
