Signing a memorandum of understanding between ITIDA and Techni Summit to stimulate entrepreneurship based on “ AI "

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    By: Rasha Hussein

     

    Engineer Ahmed Al-Dhaher, CEO of the Information Technology Industry Development Authority (ITIDA), and Tariq Al-Qadi, co-founder and CEO of Techni Summit, signed a memorandum of understanding through which the two parties aim to stimulate entrepreneurship based on artificial intelligence technology in various sectors, through the institutional innovation program, Which links startups in the field of artificial intelligence with existing companies and includes many activities that include awareness and capacity building for entrepreneurs and startups in their early stages, in addition to training courses from global partners to build capabilities in the field of artificial intelligence.

     

    For his part, Engineer Ahmed Al-Zaher, CEO of the Information Technology Industry Development Authority (ITIDA), said that ITIDA’s sponsorship of this year’s edition of the summit comes within the framework of the Authority’s commitment to its strategic and pioneering role in supporting creativity and enhancing the entrepreneurship climate based on technological innovation in Egypt, as we believe There is a need to sponsor emerging companies and support their participation in specialized events that embrace entrepreneurs and provide them with a platform for networking with investors and opportunities to interact and exchange ideas and experiences, which contributes to building a strong and innovative entrepreneurial community capable of creating unconventional solutions using information and communications technology, which contributes to confronting economic and social challenges. "

    He added: “We are happy to sign the cooperation agreement with the Techni Summit to stimulate creativity in emerging technology, the most important of which is artificial intelligence, and to link creative solutions in these technologies and connect them with the needs of major companies.”

     

    On the other hand, Tariq Al-Qadi, co-founder and CEO of the Techni Summit, said: “Today we are witnessing the launch of the first days of the third edition of the Techni Cairo Summit, after the success and great impact achieved by the first and second editions in supporting the entrepreneurship community in various fields.

     

    He added, “We are very excited about this new cooperation with the Information Technology Industry Development Authority (ITIDA), as we see it as an opportunity to accelerate the pace of innovation and entrepreneurship in the field of artificial intelligence in Egypt and Africa through the Corporate Innovation Program, as our interest goes beyond merely supporting innovation to build a technology-driven future. This confirms our commitment to exploiting artificial intelligence to transform economies and empower young entrepreneurs.”

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