• Home
• Technology

ICT Misr, a leading provider of integrated technology solutions and digital infrastructure, recorded a 50% increase in total business volume in 2025 compared to the previous year. The growth was fueled by strong performance across all operating sectors, particularly the banking industry, which accounted for the largest share of revenue and achieved an impressive 70% growth rate during the year, supported by large-scale digital transformation initiatives led by the company.

The petroleum and energy sector posted exceptional growth of 260% over the same period, driven by a strategic relaunch and restructuring process undertaken last year. As part of this effort, the company strengthened its leadership team by appointing Engineer Iman Wafi, who brings more than 38 years of experience in Egypt’s oil sector, most recently serving as CIO at Egyptian General Petroleum Corporation.

Over the past five years, ICT Misr has emerged as one of the fastest-growing integrated technology companies, expanding internationally across Africa and the Middle East while increasing its client base and diversifying its service portfolio. The company has also broadened its strategic partnerships with global technology leaders, most notably Oracle and Dell Technologies.

Workforce expansion was another key milestone in 2025, with headcount rising by 33% to reach 266 employees, comprising highly skilled engineering professionals across Egypt and the region. The company’s cybersecurity and data protection business grew by 50%, representing a larger share of total revenue, alongside significant expansion in artificial intelligence solutions.

Its AI-focused subsidiary, finovate, led by Engineer Khaled Hamada, also achieved substantial growth and is targeting record-breaking performance in 2026, supported by international partnerships and globally certified talent.

Chairman Mohamed El-Mofty expressed appreciation to key partners, including the Ministry of Communications and Information Technology, the Central Bank of Egypt, and both public and private sector clients, as well as global partners Dell Technologies and Oracle. He confirmed that ICT Misr is preparing for further expansion in 2026, including entry into the Iraqi and Omani markets, expansion in Saudi Arabia’s banking sector, and continued operations in Libya and African markets — positioning the company for accelerated growth across the region.