07.06.2023, Cairo. The software company Musala Soft, a part of Aricoma Digital, KKCG Technology pillar, officially cut the ribbon of its office in Cairo, Egypt. This strategic location serves as a significant milestone in the company’s global expansion plans and reinforces its strong presence in Egypt and the region. With a workforce of nearly 80 employees and contractors, Musala has established a solid foundation that positions Egypt as its next major tech hub.
Musala Soft started piloted operations in Egypt during the pandemic in a fully remote setup. Now, the company is thrilled to offer its employees a premium office experience, featuring private zone and coworking spaces in Regus buildings located in Cairo and other Egyptian cities such as Giza and Alexandria.
The Musalenians in Egypt work on key projects for large multinational companies with HQs around the world and in the region, including Mubadala – UAE, Deutsche Telekom – Germany, Financial Times – UK, IBM – USA, Bosch – Germany and others, as well as initiatives for the digital transformation of Musala Soft’s internal systems and infrastructure.
Elena Marinova, President and Chair of the Board of Musala Soft shared – “We have closely observed Egypt’s progress for years before deciding to invest. Among various factors, we were particularly drawn to the country’s abundant and high-quality talent and the positive future trends.”
Sameh Rabeh, Site Manager at Musala Soft for Egypt, proudly remarked – “It is an honor to lead the Musala Soft’s operations in Egypt as part of an international team. It is also a privilege to represent Egypt’s strengths and contribute to the country’s global recognition.”
Jan Vrany, Head of M&A at Aricoma Digital, part of KKCG Technology pillar, emphasized the alignment of Musala Soft’s Egyptian operation with the group’s expansion objectives. He stated, “For an organization with European roots and global ambitions like ourselves, Musala Soft’s presence in Egypt perfectly aligns with our growth plans. I was delighted to witness the positive spirit of our team in vibrant Cairo, and I look forward to further expanding our presence here.”
About Musala Soft
Musala Soft is a leading software engineering services company, specialized in nearshoring, complex and large-scale software projects, IT consulting and solution implementation with 750+ professionals from 10+ nationalities.
Most of the clients are large international corporations and institutions, including IBM, VMWare, SAP, Experian, Bosch, Deutsche Telekom, Telenor, A1, Vivacom, DSK Bank / OTP Group, ProCredit Bank, Commerzbank, Generali, BMW, Perkin Elmer, The Customs Services of the Netherlands, National Revenue Agency-Bulgaria, Mubadala and others. The company has successfully implemented 1000+ projects for 200+ clients in fields such as Cloud Integration, Internet of Things, Big Data, Artificial Intelligence, Augmented Reality.
Musala Soft is proud to be involved on European and global levels through its international initiatives such as the CodeIT.bg programming competition (https://codeit.bg/), the work with educational institutions and non-governmental organizations.
The company has won dozens of national and international awards in the fields of human resources development, business and technological innovation, CSR. Musala Soft is certified according to the international standards for quality management ISO 9001: 2015, security management ISO 27001:2013, personal data management ISO 27701: 2019 and “Green Certificate” ISO 14001: 2015. Musala Soft is the first in Bulgaria with ISO 26000 – guidelines for social responsibility and holder of TISAX – a trusted provider of services for the automotive industry.
Musala Soft became part of Aricoma Digital, KKCG Technology pillar, after an M&A deal at the end of 2022.
About Aricoma Digital
Aricoma Digital is a European based technology consultancy firm, part of KKCG Technology pillar, aiming to solve business problems for forward-leaning companies worldwide.
With an ever-present human perspective, we focus on adding real value and innovative solutions to shape long-term relationships with our customers. Our delivery model is designed to ensure a seamless, multi-location delivery of solutions, even for the most challenging projects.
Boasting over 3000 passionate employees across the globe, our expertise in ICT services and end-to-end solutions has helped us build a global clientele in the world’s biggest industries ranging from telecom and satellite operators to large finance institutions, manufacturing companies, automotive, government sector and health organizations.
Aricoma Digital is currently undergoing a significant transformation, at both global and regional levels, as it evolves into a Next-Generation Technology Business on a global scale. We are growing rapidly both organically and through strategic acquisitions.
The company will introduce its new brand and identity by the end of June 2023.
About Egypt IT sector
Egypt’s IT industry has been experiencing rapid growth in recent years. The country has a highly skilled and educated workforce, with over 450,000 graduates in science, technology, engineering, and mathematics (STEM fields each year.) Furthermore, Egypt’s strategic location at the crossroads of Africa, the Middle East, and Europe has made it an attractive destination for foreign investment in the IT sector.