Stream Global Services Celebrates Opening of New Service Center in Egypt

Stream Global Services Celebrates Opening of New Service Center in Egypt


Stream's Chairman and CEO, Scott Murray, welcomed His Excellency Dr. Tarek Kamel, Minister of Communication and Information Technology, as well as local business leaders, Stream clients and the media at the launch of the center in 6th of October City.

Commenting on the new center, ITIDA's Chief Executive Officer, Dr. Hazem Abdelazim said, "The growth of Stream in Egypt over the last 12 months has been phenomenal and the launch of their dedicated service center marks their success and the attractiveness of Egypt as a destination for BPO. We're delighted that Stream has chosen Cairo for this new center and its commitment to training and employing Egyptian employees is testament to the quality of skilled workers we have here in the country."

This inauguration follows an agreement signed in Washington DC in June 2009 with the Egyptian Ministry of Communications & Information Technology (MCIT) and Egypt's Information Technology Industry Development Agency (ITIDA) to employ and train more than 1,000 Egyptian employees in its Cairo facility over the next three years. In less than a year, Stream has trained and employed 800 Egyptian employees and expects to hit the 1,000 target by June 2010.

The new 800 plus seat center will support the growing demand for Stream's global BPO services. As a recognized top outsourcing destination, businesses are attracted to Egypt because of its central location and its economic and political stability.

Egypt's exceptional technical workforce, as well as its strong telecommunications infrastructure and central service location, make it a world-class destination to support Stream's global clients. The government's dedication to educational programs and Cairo's approximately 300,000 annual college graduates contributed to Stream's selection of the city for its newest center. In addition, Egypt's central location provides easy access for clients in North America, Europe, the Middle East and Africa.