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FINANCIAL NEWS
Egypt’s Cisco plans 10-20 percent growth in business
20 Jan 2016
(MENAFN ) Cisco Systems Inc. attained a 40 percent growth rate in their business a year earlier, while it aims to achieve 10-20 percent increase in this year in H1.
Moreover, in order to reach the target the Co. depends on offering communication solutions to smart cities and providing technological services.
Additionally, IT and telecommunication sector in the regional market expects to grow this year compared to 2015 due to the recent relative stability in Egypt’s economic situation.
Cisco almost hires 80,000 Egyptians, as well as 200 partners and agents in the Egyptian market, the most noticeable of which is Raya IT-Egypt.
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