Assuit

Global Trade Matters Brings Hi-Tech to

Upper Egypt

Emanating from its belief that global trade, in this day and age, is codependent on the advancement of the technological sector, Global Trade Matters (GTM) has taken the initiative to bring tech-based industries to the lesser technologically-savvy yet foremost regions in Upper Egypt in order to proliferate technological awareness and exhibit the world of opportunities and benefits it offers. Ergo, in collaboration with the Assiut Governorate and Nokia, the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks, GTM hosted an elegant gala-dinner at one of Assiut's finest hotels for the region's top 200 Nokia phone distributors.

Various factors contributed to GTM's selection of the governorate of Assiut to be the commencement grounds for its technological awareness initiative. Assiut is considered the capital of the entire Upper Egypt region not only for being the birthplace of historic figures such as President Gamal Abdel Nasser and Pope Shenuda the Third but primarily for the substantial size of its population (3.617.393 capita) as well as its agricultural economic importance due to its high quality cotton production. Also, in their ongoing efforts to expand in emerging markets, multinational financial institutions have recently begun to invest in Assiut in order to create a new financial center away from the crowded and almost saturated Cairo and Alexandria markets. Furthermore, the presence of 3 major universities in Assiut operating above their capacity in order to hold the vast number of Assiut's local youth forecasts the upcoming boom in the city's market from the sheer number of individuals entering it and potential opportunities they provide.

Without a doubt, in today's modern global