G42, the leading UAE-based AI and cloud computing technology company, announced a strategic equity-based partnership with Benya Technologies, the leading digital and ICT infrastructure provider in Egypt and the MEA Region, to deliver AI and critical telecom infrastructure in Egypt.
Benya Technologies is a key enabler of digital transformation and infrastructure in the Egyptian market, bringing sound experience in system integration and data centers. Through the partnership, G42 aims to provide the capital and technologies needed to develop Egypt’s digital sector further, delivering artificial intelligence and critical digital infrastructure, such as data centers, telecommunications towers and cloud technology. G42’s investment in Benya Technologies illustrates the company’s commitment to Egypt as a strategic market for growth and an entry point to the broader MEA region.
The partnership was signed during GITEX GLOBAL in Dubai, at the G42 stand, by Mansoor Al Mansoori, G42 group chief operating officer, and Ahmed Mekky, chairman, founder and CEO of Benya Technologies. As part of the agreement, G42 will have a seat on Benya’s Board of Directors.
Mansoor Al Mansoori said, “As a board member and strategic investor, G42 will collaborate with Benya Technologies to usher in the next era of digital growth for Egypt and the North African region. Both G42 and Benya Technologies have been working tirelessly to deliver digital transformation solutions and AI-powered infrastructure in our respective home markets, so the synergy and excitement to work towards our shared goals feels natural. We look forward to working with Benya Technologies to strengthen the technology sector throughout the country and the wider region.”
Ahmed Mekky remarked that the investment of G42 in Benya Technologies comes as confirmation and support for the group's achievements and the group's successful projects such as government and private sectors, banking and telecommunications sector. Mekky added, “This reaffirms that G42’s presence as a partner in the group will give a highly competitive advantage as they are key players and advanced in the field of artificial intelligence and cloud computing in the UAE.” Mekky concluded that this cooperation will serve Benya Technologies’ expansion plans in Egypt and the Middle East, focusing on modern and advanced technologies.
