Egypt seeks 50 Web penetration by end 2016


(MENAFN- Khaleej Times)

Egypt is looking to add 500000 new Internet users by the end of 2015 and increase its Internet penetration rate to 50 per cent from 34 per cent by the end of 2016 communication minister Khaled Ali Negm said.

The communication and information technology ministry mandated reduced prices at the start of August as part of its plan to expand Internet access across Egypt and improve speeds. "Every 10 per cent increase in Internet penetration increases Egypt's gross domestic product by 1.8 per cent" the minister told Reuters in an interview. The ministry hopes to add 1.5 million additional users by the end of 2016.


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