Cairo: Finance Minister Ahmed Kouchouk stated that Egypt is committed to implementing the highest standards of cyber security to safeguard the data of the state, taxpayers, and investors, thereby ensuring their rights are protected.

According to State Information Service Egypt, Kouchouk made these remarks at the CAISEC 2026 Conference, emphasizing that investing in technology is crucial for the future. He described technology as a significant driver in the transition towards a more competitive economy that can achieve sustainable growth.

Kouchouk highlighted the government's efforts to utilize technological advancements to streamline procedures and enhance the quality of services provided to both investors and citizens. He mentioned that leveraging artificial intelligence is a key component of the government's strategy to simplify tax procedures and improve taxpayer services.

The finance minister noted that the technology sector has been Egypt's fastest-growing industry over the past five years, with services exports continuing to rise. He pointed out that there are still significant opportunities for further growth within the sector.

Expressing confidence in the potential of Egyptian youth, Kouchouk emphasized their role in shaping a promising future for the country. He stressed that innovative solutions are essential to tackle major challenges, and that startups and entrepreneurs are well-suited to offer these solutions.

Additionally, Kouchouk announced a new initiative aimed at collaborating with startups to develop smart solutions that enhance public services. He reiterated the ministry's openness to innovative ideas and technological solutions that aim to improve performance and service delivery for citizens.

The CAISEC 2026 Conference takes place amid heightened interest in bolstering cyber security and advancing digital transformation. These efforts are seen as foundational to building a more efficient and competitive digital economy, capable of adapting to rapid technological changes and maximizing the benefits of artificial intelligence and innovation.