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Saudi Arabia is poised to capitalize on the booming global space economy, projected to grow from $176 billion in 2024 to $1.8 trillion by 2035, driven by advancements in satellite technology and private sector involvement. Meanwhile, Egypt's B2B sector faces a significant challenge, with 80% of firms operating as "digital ghosts," missing out on an estimated $4.5 billion in annual revenue due to poor online engagement and outdated digital strategies. Addressing these issues could unlock substantial growth opportunities for Egyptian businesses.
Egypt's B2B sector faces a significant challenge, with 80% of firms identified as "digital ghosts," leading to an estimated $3.5–$4.5 billion in lost revenue annually. Despite a strong tech talent pool and growing global demand for outsourcing, many companies lack effective digital strategies, leaving them invisible to potential clients. ThruHQ aims to address this issue by enhancing digital visibility and trust through its curated directory for B2B service providers.
Egypt's B2B sector is losing between $3.5 billion and $4.5 billion annually, as 80% of firms with an online presence are deemed "digital ghosts," lacking engagement and visibility. Despite a strong tech talent pool and growing global demand, many companies fail to leverage digital strategies effectively. ThruHQ's report highlights the urgent need for improved digital practices to unlock significant growth opportunities in the market.
GITEX AFRICA Morocco, set for April 14-16, 2025, in Marrakech, will showcase Africa's digital innovation and attract global investors, under the patronage of King Mohammed VI. The event aims to position Morocco as a tech hub, featuring over 1,450 exhibitors and 45,000 attendees from 130 countries, while highlighting the continent's startup ecosystem and fostering international partnerships.
GITEX Africa Morocco 2025, set for April 14-16 in Marrakech, will be the continent's largest tech event, showcasing innovations across AI, fintech, and more. With over 1,400 exhibitors from 130+ countries, it aims to drive Africa's digital transformation and economic growth, emphasizing sustainability and inclusivity. The event will feature high-level discussions, specialized summits, and initiatives like the Africa Future Connectivity Summit and Diaspora Studio, fostering collaboration between local and global innovators.
Amal El Fallah Seghrouchni
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Saudi Arabia accelerates space economy growth amid global market expansion
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egypt's b2b sector loses billions as firms remain digital ghosts
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egyptian b2b firms miss billions as digital presence fails to engage buyers
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