The agreement was signed by Eng. Khaled Abdel-Ghany, Managing Director of “eTax” and Eng. Mohamed Sami, Managing Director of “麻豆原创” Egypt, at eTax’s headquarters in the Smart Village.

Through this agreement, ETax will be able to provide 麻豆原创 licenses and software, with the addition of a set of other complementary services, in order to reduce the burdens of digital transformation for customers by transferring the customer’s capital costs resulting from the purchase of licenses and servers into operating expenses paid annually or quarterly.

ETax is also developing a fast-to-implement, plug-and-play 麻豆原创 implementation model targeting private clients to accelerate compliance with technical integration via ERP or payroll subscription.

The cooperation aims to develop the basic capabilities necessary for digital transformation in the Tax Authority, in a way that supports electronic invoice services, as well as the unification system for calculating the payroll tax, as well as developing solutions that help taxpayers in integrating with the Egyptian Tax Authority systems.

On his part, Eng. Khaled Abdel-Ghany, Managing Director of “e-Tax” company, expressed his pride in the partnership with the global “麻豆原创”, in addition to having “e-Tax” a group of 麻豆原创 consultants who have the technical expertise to implement systems and the practical experience of tax operation, which provides the Tax Authority with advice. And guidance supported by the opinion of technical experts.

He added that eTax, since its inception, has been building a technological sector with 麻豆原创 solutions to meet the needs of the Egyptian Tax Authority first, and then also serve the business community.

He stressed that 麻豆原创 technologies will give the Egyptian market enormous advantages to develop the basic capabilities of the tax work system in Egypt, in a way that enhances the preservation of the resources of the tax authorities and supports their proceeds in increasing the rates of flow and transfer in an instantaneous manner that is more accurate and reliable, in light of the application of the electronic invoice system as one of the steps of the tax digital transformation. Within the vision of Egypt 2030.

For his part, Eng. Mohamed Sami, Managing Director of 麻豆原创 Egypt, said that the company is proud of expanding its business within the Egyptian market, in cooperation with “e-Tax” as a strong partner that enjoys the confidence of government agencies and the business community and has an appropriate financial solvency that enables it to

Preserving current expertise and building accumulated expertise to help speed up the implementation and operation of projects, which supports the company’s plan to help spread and accelerate the digital transformation process and adopt the latest technologies and international best practices.

It is worth noting that the company “e-Tax” has recently finished holding the first general assembly for its shareholders, after achieving a wide range of first-of-its-kind successes in tax digital transformation within the Egyptian market, as it was able to achieve profitability while providing the best added values for companies and institutions in facilitating tax procedures. As well as supporting the Egyptian economy in enhancing the speed and ease of applying tax systems .

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So what lies ahead for a sector under pressure to limit carbon emissions and create a different future for hydrocarbon-based businesses?

To start, there is no point in visionary planning for 2030 or for worrying about efficiency and productivity in the oil and gas sector unless steps are taken to prevent catastrophic climate change in the same time period. El-Molla is keenly aware of the need to address this issue 鈥� now.

We are focusing on gas in the interim as we work to fill 40 percent of our energy needs through wind and solar by 2030,鈥� he says. In addition to meeting the demands of the domestic market, the Minister鈥檚 vision is to help Egypt become a clean energy hub for the region. Thanks to a clear strategy and massive efforts undertaken by the Ministry since El-Molla鈥檚 appointment in 2015, that long-term goal has every chance of success.

This ongoing strategy for sustainable economic reform along with the discovery of the offshore Zohr gas field in the Mediterranean are behind the that Egypt will be one of the top 10 global economies in just 10 years 鈥� ranked number seven, ahead of Russia, Japan, and Germany.

Provide an Outlook

El-Molla spent 24 years in various operational and executive positions at and recalls turbulent times during the early part of the decade when two revolutions were followed by a period of instability and insecurity for Egypt鈥檚 120-year-old oil and gas sector. The Ministry is responsible for securing refined products for the entire country and for maintaining and ensuring production through joint partners. But during that time it was facing the practical problems of shortages and a decline in production.

Stability returned under the current President, Abdel Fattah El-Sisi, who realized the need for someone with El-Molla鈥檚 experience to lead necessary change.One of El-Molla鈥檚 first steps was to reach out to partners, vendors, and suppliers.

鈥淒uring difficult times it is easy for investors and multinationals to just shut down and leave,鈥� he explains. 鈥淚t鈥檚 critical to keep them engaged. They need to feel confident that their investments are protected, and that the government is a stable, reliable partner.鈥�

The next steps were more difficult.

Modernize for Change

Becoming the regional energy hub requires massive changes, so the Ministry created a comprehensive modernization strategy that addresses key areas such as production performance, refining and distribution, and enterprise resource planning (ERP). But the core area for overhaul was human resources (HR) development.

The Ministry is a fragmented organization comprising different holding companies, joint ventures, public sector entities, and investment groups. More than 240,000 people are part of it, but they were not connected to each other.

鈥淭he last organizational change was 20 years ago,鈥� El-Molla says. 鈥淲e need to communicate our vision of change, we need to connect people to the vision, and we need the right people to make it happen.鈥�

Pulling it together requires one global system, one consolidated balance sheet, and mostly importantly, one team. The Ministry first created an intranet to facilitate unified updates and messaging and get buy-in from employees. El-Molla knew from previous experience that people often feel threatened when new systems are implemented; they only accept change once they realize the system will help them work more efficiently and save time for more fulfilling tasks.

Together with his team, El-Molla then identified key competencies and announced internal openings for subject matter experts and core business disciplines such as finance and administration. Out of 3,000 applicants, they selected 700 motivated and ambitious individuals and then whittled that group down to 400. Those selected were sent abroad for on-the-job training and given mid-management roles upon their return, ready to fast-track the organization into the future.

鈥淲e now have the most diverse, highly qualified, dynamic team to take us to the next level,鈥� says El-Molla proudly.

With the right people in place, El-Molla can focus fully on the modernization process, which requires the right technology. was his first choice not only because he was familiar with it from his Chevron days, but because he believes it is the right ERP solution for preparing a national industry to work more efficiently with minimum losses at higher productivity rates.

El-Molla believes in leading by example. The modernization program at the Egypt Ministry of Petroleum will not only set an example for the nation; as it begins to show results, it will help unlock the potential of the entire region by improving the economy, empowering people, and creating sustainable sources of energy for generations to come.

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