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Al-Ahram Weekly 30 Sep. - 6 Oct. 1999 Issue No. 449 
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Published in Cairo by AL-AHRAM established in 1875 |
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Al-Ahram Weekly 30 Sep. - 6 Oct. 1999 Issue No. 449
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| Published in Cairo by AL-AHRAM established in 1875 |
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Egypt Region International Economy Opinion Culture Focus Features Profile Travel Living Sports People Time Out Chronicles Cartoons Letters Compaq's in town
COMPAQ Computer Corporation, a leading American firm, inaugurated its new offices in Egypt last week.The company's local activities will involve marketing as well as support for major accounts, distributors and resellers.
The decision to set up an office in Cairo follows an annual 63 per cent growth in Compaq's sales in Egypt for the past two years, according to Heiba Tarek Heiba, Compaq's general manager for Egypt. With its new facilities, Compaq hopes to further boost this figure, especially since the Egyptian IT market holds great potential. Future annual growth of 22 per cent is forecast for the market. Heiba said that according to the International Data Corporation (IDC), one of the biggest international IT analysis companies, the Egyptian market absorbed 120,000 units, including servers and personal computers, in 1998.
"Egypt is one of the fastest growing IT markets," said Heiba.
"The continued growth and strength of the Egyptian economy, especially in the IT industry, makes the market attractive to international IT companies," he added.
Development data for all
THE UNITED States Agency for International Development (USAID) inaugurated its Development Information Centre (DIC) last week at its new headquarters in Zahraa Al-Maadi, a suburb of Maadi. The centre, which started operating in the early nineties as a data base serving USAID projects in Egypt, is now open to the public for the first time, according to DIC's Director Soad Saada. "Our aim is to introduce old users to the new place, to use our web site and increase our e-mail and inter-library activities," Saada told Al-Ahram Weekly.DIC, which houses some 14,000 books and reports dealing with development issues addressed by USAID and other institutions, also networks with Egyptian universities and research centres to make their publications available to the public. This is done through a number of inter-library loan agreements with various libraries and information centres in Cairo. The inter-library loan system also makes the holdings of other libraries available to USAID staff members. Finally, DIC organises lectures on aid-related topics, given by experts in different fields, Saada said.
