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Egypt Launches it?s First Technology Incubator. Ministry of Communications and Information Technology (MCIT) and CIIC (Commercial International Investment Company), Egypt?s largest investment house, announced October 11th, the formation of the region?s first technology incubator firm, to help entrepreneurs develop their ideas into successful businesses quickly. The new company, IDEAVELOPERS, is to-be headquartered in the future Pyramids Smart Village, Egypt?s first technology park, in Giza.The formation of technology incubators to help Egyptian technology businesses mature, is a priority of the National CIT Plan,? said Dr. Ahmed Nazif, Egyptian Minister for CIT.
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