ITWorx Builds the Egyptian Investment Portal to Connect Egypt to a World of Investment Opportunities

Customer Profile

The Egyptian Ministry of Investment (MOI) formulates the general investment policy within the scope of the outlined objectives and strategies of the Egyptian government. The ministry aims to provide an investment-supportive climate, surmounting obstacles, and boosting competitive capabilities.

The Challenge

The lack of information in the Egyptian investment market was negatively impacting the economy. Existing economic information was scattered and hard to find, which hindered the attempts to attract investments. The MOI wanted a solution that enables investors to engage in a direct relationship with their investments in Egypt and achieves fair competition in the market. In alignment with Egypt’s electronic government strategy and the focus on improving the local investment market, MOI needed a “one-stop-shop” information Web portal to be its gateway for economy and investment information disclosure, demonstrating the transparency and credibility of MOI and providing investors with key information about the investment sector in Egypt.

The Solution

The MOI turned to Microsoft, which in turn tasked ITWorx with developing the Egyptian Investment Portal (EIP). Through the EIP, ITWorx articulated MOI’s rich investment, asset management, and non-bank financial services and information. Users could access EIP investment content, including government policies, investment laws and procedures, stock market information, and latest investment incentives. The Web solution opened the door for presenting Egyptian asset management programs such as privatization and restructuring of public and joint venture companies, as well as presenting financial reports and fact sheets that span a comprehensive company directory. The portal also provides non-bank financial services including performance indicators and data of capital markets, stock exchange, insurance, and mortgage finance, as well as factoring and leasing information. ITWorx developed a portal that reached investment audience via investor alerts, market watch, a currency converter, press releases, presentations, online events, and conferences live coverage. Moreover, the portal allowed members to submit their complaints, queries, and feedback for quick consideration and remediation by MOI. Using an interactive map built into the solution, users

could select specific regions and view all available investment opportunities in that geographic area. ITWorx created and deployed a multilingual portal in a record time of just four weeks using Microsoft Content Management Server 2002. The content-managed Website is supported by a backend that enables authors and publishers to edit and manipulate content through an efficient workflow, in Arabic, English, and now Chinese. Site administrators have full control over the portal features, content, and usage. Microsoft Exchange Server is used for the central email and messaging services, allowing increased online collaboration.

The Benefits

  • A dispute settlement e-service that helps investors to trace their investment disputes on-line
  • Company directory that provides background and contact information for the public enterprises in which people are investing
  • A trilingual gateway for economy and investment information disclosure through an easy-to-use portal
  • A proven, architecturally sound solution supported by industry-leading technology to ensure a strong, scalable infrastructure

Technologies and Software

  • Microsoft Content Management Server 2002
  • Microsoft Exchange Server
  • Microsoft Internet Information Server
  • Microsoft Internet Security and Acceleration Server
  • Microsoft SQL Server 2000
  • Microsoft Windows Server 2003
  • Microsoft .NET Framework
  • Microsoft Visual SourceSafe
  • Microsoft Visual Studio