Dr. Kamel stated that Egypt was the first Arab country to sign up in this system, which boost traffic on Arabic websites as well as open new investment horizons. Domain names ended by “.misr” will then be available on search engines for internet users to find.National Telecommunications Regulatory Authority (NTRA) will be the entity in charge of finalizing the procedures for Egypt's registration.Coordination is underway between the Egyptian Universities Network at the Supreme Council of Universities, which undertakes the registration of the websites of academic and governmental sector to be suffixed “.misr” in Arabic letters.The registration of companies, non-governmental organizations and other civil organizations will be carried out through specialized Egyptian companies.Also, the sign up process is expected to include thousands followed by millions of Arabic domain names in the coming years.Egypt has been actively involved in the process as a member of the Governmental Advisory Committee of ICANN through the participation of Eng. Manal Ismail from NTRA. Egypt is also an active member in the Arabic Domain Names Task Force.Last October, the ICANN board approved during the annual meeting held in Seoul, Korea an executive plan to apply international domain names with non-Latin names. Egypt sees such a decision as a positive step toward multilingualism on the web, which supports the spread of the internet in different societies’ native languages.The announcement followed a decision by the US-based ICANN to end the exclusive use of Latin characters for website addresses, allowing Internet users to write an entire website address in any of the world's language scripts.IGF 2009 groups over 1,500 representatives of government, non-governmental organizations, advocacy groups and the private sector to discuss the future of the Internet.Under the banner "Creating Opportunities for All", this year's forum will discuss increasing accessibility to the Network, the development of local content and the encouragement of cultural and language diversity, the promotion of safe use of the Internet, means of combating cybercrime and managing critical Internet resources.
This step will support a broader wing for outsourcing business in Egypt. For example, Cartel Capital, a private equity firm which owns Symbyo technologies, an IT outsourcing company that is based in Tampa, FL and has got one of its offshore development centers in Egypt.
Yahia Megahed, one of the General Partners of Cartel Group commented as follow:"With the high qualifications of Egyptian software developers, Egypt will succeed to attract a bigger share of outsourcing from Gulf and other Arabic speakers worldwide who need to develop and build their own IT infrastructure without facing the burden of language. Instead of importing high qualified manpower from Egypt to work in Gulf as developers and other IT related stuff, workers can work from their own motherland and get a lower cost by decreasing the living allowances and getting the work done easily and efficiently" Many countries, specially the United States, outsource the IT related stuff offshorly to other countries as Egypt, India & China to get a high quality software with a competitive rates.