Contract to manufacture the first Arab computer in Cairo

The Kuwaiti Khurafi group in Cairo signed with two Korean companies to manufacture the first Arab computer with Arab investments.

The signing with the two Hansol For Technology which will produce the screens, while the other parts will be manufactured by A. Owen Company.

The agreement between the three companies states in the next phase to produce the cards unit and motherboards concerning the computer set as whole in Egypt.

Al-Khurafi group signed this agreement is represented by the Arab company for computers manufacturing, which has Egypt as a headquarters in which the group owns 71% of the company s stakes.

Worthy mentioning that the operation of manufacturing the first Arab computer started with the foundation of the Arab company in January at a capital of $ 22 million.

The Egyptian side to the company is represented by the two ministries of telecommunications, and education and Banha company for electronic industries and the Arab commission for processing.

The new company aims at manufacturing a computer set at economic prices at the disposal of the Arab and African citizen alike, and at prices reaching half of the prices of similar imported computers.

The Arab market is considered one of the world's largest markets in PC sales because of the desire of the Arab states to bridge the digital gap between them and the developed countries in the area of information technology.