Silicon Waha
Silicon Waha is an Egyptian joint-stock company that develops and operates four technology parks across Egypt, leasing finished office, contact center, training, industrial, and innovation spaces — primarily to outsourcing, software, and electronics manufacturing tenants — backed by government stakeholders MCIT and ITIDA.
- Company typePrivate
- Founded2016
- Headquarters6 October City, Egypt
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Silicon Waha does
Silicon Waha for Technology Parks is an Egyptian joint-stock company established in 2016 that develops and operates purpose-built technology parks across Egypt's governorates. The company owns and manages four operational parks — New Borg Al Arab (76 acres, near Alexandria), New Assiut (40.86 acres, Upper Egypt), New Beni Suef (54.9 acres), and Sadat City (50 acres, near Cairo) — totaling over 220 acres of developed footprint, with additional phase land available at multiple sites. Facilities include Business Buildings (50–333 sqm finished offices), Contact Center Buildings (130–256 seats), Training Buildings (10–200 people), Innovation Buildings (with PCB and fabrication labs), Commercial Buildings, Citizen Services Buildings for government, and Industrial Factory shells supporting electronics manufacturing. Core infrastructure comprises GPON fiber-optic connectivity (Telecom Egypt as sole provider), redundant power at 17 MW across two grid cells, UPS and generator backup, and 4,000 cubic meters of water reserve — all designed by Engineering Consultants Group (ECG) and built by Wadi El Nile.
The company's revenue model is anchored on recurring annual leases of finished buildings, training rooms, contact center seats, and land parcels to enterprise tenants in BPO/outsourcing, software development, electronics manufacturing, financial services, and government. Pricing is not publicly disclosed and is negotiated directly with enterprise sales teams. Anchor tenants include global outsourcing firms (Intelcia, Sutherland, Teleperformance, iSON Xperiences), financial institutions (National Bank of Egypt), electronics manufacturers (KMG — Egypt's first smartwatch factory; E-SICO; Etisalat by e&), and software developers (Brightskies, Swift Act). The company also monetizes event venues (Waha Connect, Egypt IoT & AI Challenge, Egypt Robotics Championship) on a one-time license basis.
Silicon Waha operates within a heavily government-aligned ecosystem, with stakeholders MCIT, ITIDA, NTRA, NUCA, and PFI providing regulatory and financial backing. Distribution is exclusively direct enterprise sales, supplemented by government referral channels and annual Waha Connect events. Operating metrics show 81% blended occupancy (up from 69% in 2023), 31+ active clients, 8,121 direct jobs created in 2024, and a 90% revenue increase in 2023. International expansion is signaled through a 2025 MoU with Russia's Skolkovo Foundation. Headquartered at Smart Village, B19, Cairo-Alex Desert Road in 6 October City, the company reports 11–50 employees, reflecting its asset-light operating model relative to its substantial physical infrastructure footprint.
Silicon Waha firmographics
Firmographics- Name
- Silicon Waha
- Legal name
- Silicon Waha for Technology Parks
- Website
- https://siliconwaha.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Silicon Waha is an Egyptian joint-stock company that develops and operates four technology parks across Egypt, leasing finished office, contact center, training, industrial, and innovation spaces — primarily to outsourcing, software, and electronics manufacturing tenants — backed by government stakeholders MCIT and ITIDA.
- Ownership category
- akta.pro rank
Silicon Waha industry classification
Industry- Product category
- Technology Park Infrastructure
- NAICS
- Facilities Support Services (56121)
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Occupancy, Space Utilization & Workplace Experience (HSAPAPAG)
- akta.pro secondary industries
- Building Connectivity Infrastructure (Wired/Wireless, Gateways, Edge) (HSAPAPAN), Building Automation & Controls (BAS/BMS) (HSAPAPAA)
Keywords
Where Silicon Waha is headquartered
LocationHeadquarters
- HQ city
- 6 October City
- HQ country
- Egypt
- HQ region
- Africa
Offices5 records
Markets served
Silicon Waha business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Commercial Real Estate Leasing - Buildings & Office Spaces: Leasing of finished office spaces (50-333 sqm for corporates and SMEs), Innovation Buildings with furnished workspaces and tech labs, Training Buildings with rooms for 10-200 people, Contact Center Buildings with 130-256 seats, Commercial Buildings (core & shell), and Citizen Services Buildings for government entities.
- Land Leasing: Land leasing options in desired locations for electronic manufacturing, hotels, schools, universities, industrial lands, and data centers with full infrastructure support.
- Event Venue Rental: Technology events venues hosting events such as Egypt IoT and AI Challenge, Egypt Robotics Championship for Kids, Startup Factory, and Waha Connect networking events.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Business Building Office Spaces |
| Subscription | Annual | Contact Center Building |
| Subscription | Annual | Training Building |
| Other | Annual | Land Leasing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Silicon Waha product offering
Product offeringCore offering
Silicon Waha develops and operates four technology parks across Egypt (New Borg Al Arab, New Assiut, New Beni Suef, and Sadat City) offering flexible, ready-to-use buildings including office spaces, contact center facilities, training centers, innovation labs with fabrication and PCB facilities, industrial factories, and land leasing for ICT companies, outsourcing firms, educational institutions, and electronics manufacturers. The parks feature world-class infrastructure including GPON fiber optic connectivity, redundant 17 MW power systems, and full utility services designed by Engineering Consultants Group and built by Wadi El Nile.
Product overview
Silicon Waha operates a portfolio of four technology parks across Egypt (New Borg Al Arab, New Assiut, New Beni Suef, and Sadat City) offering flexible workspace solutions and world-class infrastructure. The portfolio consists of purpose-built facilities including Innovation Buildings with tech labs (fabrication labs, PCB labs) supporting incubators, Training Buildings with seminar and lab facilities, Contact Center Buildings configured for 130-256 seat operations, Business Buildings with finished office spaces (50-333 sqm), Commercial Buildings for retail, Citizen Services Buildings for government operations, and Industrial Factory buildings for technology manufacturing. Additional offerings include land leasing for electronic manufacturing, hotels, schools, universities, and data centers, plus technology event venues for hosting industry events. Together, these create an integrated ecosystem enabling ICT companies, outsourcing providers, and technology-driven businesses to establish operations outside Cairo.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Building
Quantifiable outcome
- 81% occupancy rates across all technology parks (up from 69% in 2023)
- +6 more outcomes
Companies that use Silicon Waha
Customer profileNamed customers14 records
Segments8 records
Ideal customer profiles5 records
Silicon Waha technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Silicon Waha partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered major, core, strategic and minor.
- Skolkovo Foundation & Techno ParkmajorSilicon Waha CEO Hashem Mansy signed an MoU with Skolkovo Foundation and Techno Park at Startup Village 2025 in Moscow. The partnership aims to launch joint programs supporting entrepreneurship, exchange expertise, and facilitate startups' entry into international markets. This collaboration represents a practical step toward building a cross-border innovation ecosystem between Egypt and Russia.
- Information Technology Industry Development Agency (ITIDA)coreITIDA serves as strategic partner for Waha Connect events and community partner for hackathons. They participate in talent development programs and support startups through initiatives like GEN-Z program and Egypt Makes Electronics. ITIDA's CEO Ahmed Al-Zaher signed MoUs with companies at technology parks.
- Telecom EgyptcoreTelecom Egypt provides communications hub infrastructure across all technology parks. All parks include fiber optics connectivity between buildings with Telecom Egypt as the sole telecommunications provider.
- Engineering Consultants Group S.A. (ECG)coreECG designed and supervises all technology park infrastructure to exceed market standards. ECG's engineering expertise ensures quality construction across water, sewage, electricity, and telecommunications systems.
- Wadi El Nile for Contracting & Real Estate InvestmentscoreWadi El Nile executes technology park infrastructure construction. They are responsible for building all physical infrastructure including roads, landscape, and utility systems to ECG specifications.
- Ministry of Communications and Information Technology (MCIT)coreMCIT is a key stakeholder providing government backing and strategic direction. Minister Dr. Amr Talaat regularly visits facilities and promotes technology parks for national digital transformation goals.
- Samsung ElectronicsstrategicSamsung participated as guest of honor at Waha Connect events and presented on strategic investment in Upper Egypt. Samsung highlighted Beni Suef's strong industrial ecosystem and skilled local talent as reasons for investment decisions.
- National Bank of EgyptstrategicNational Bank of Egypt partnered to establish a call center at New Assiut Technology Park, focusing on developing young human capital skills and investing in workforce development as part of national development plans.
- Umm Al Quwain Free Trade Zone Authority (UAQ FTZA)minorUAQ FTZA officials visited Sadat City Technology Park to explore investment opportunities and potential partnerships, indicating interest from UAE entities in Egyptian technology infrastructure.
- Creativa Innovation HubscoreCreativa Innovation Hubs supports Waha Connect hackathons and innovation programs. They collaborate with ITIDA to organize events like Tech for Impact hackathon with prize money of EGP 60,000 for winning teams.
- TIEC (Technology Innovation and Entrepreneurship Center)coreTIEC supports incubators and accelerators at Silicon Waha technology parks including Innovation Buildings. TIEC programs support startups through mentorship, funding, and workspace within the technology ecosystem.
- EgyptPost for InvestmentstrategicEgyptPost for Investment, with COO Ahmed Abdallah serving as Board Member at Silicon Waha, represents a strategic connection between postal services and technology park development initiatives.
Scale indicators16 records
Recent moves6 records
Expansion highlights5 records
Silicon Waha competitors and assessment
Company assessmentBroad incumbents
- Software Technology Parks of India (STPI): Government of India body operating dozens of IT/ITES parks across India providing plug-and-play infrastructure, tax incentives, and incubation. Comparable government-backed tech-park model with broader geographic footprint and similar customer base of software/ITES exporters.
- Dubai Internet City: Long-established MENA technology free zone offering office space to thousands of ICT companies. Competes with Silicon Waha for multinational tenants deciding where to base regional operations and serves as the regional incumbent benchmark for tech-park standards.
Regional players
- Cyberjaya (Malaysia): Malaysian technology hub offering MSC-status office space, fiber connectivity, and government incentives to ICT multinationals. Comparable tech-park + government-incentive model and overlapping multinational tenant evaluation set, though geographically focused on ASEAN.
- King Abdullah Economic City (Emaar): Saudi integrated economic city offering industrial, logistics, and residential zones with dedicated technology and light-manufacturing areas. Comparable tech-park real-estate concept targeting similar multinational tenants in the broader MENA region but primarily serving Saudi-based customers.
- Tashkent IT Park: Uzbekistan government-backed technology park providing office space, IT services outsourcing support, and innovation programs. Comparable government-driven tech-park positioning targeting BPO and software tenants, though focused on Central Asia rather than MENA.
- Technopark Trivandrum: Indian government-promoted technology park offering IT office space, incubation facilities, and electronics-industry support. Comparable product mix including innovation buildings and training facilities and similar government-backed positioning, though serving South Asian tenants.
Direct peers
- Dubai Silicon Oasis: UAE-based integrated technology park offering offices, industrial space, and innovation hubs targeting tech companies and BPO operators. Comparable tech-park product, comparable tenant segments (software, electronics, BPO), and overlapping competitive set for multinational tenants evaluating MENA locations.
- Smart Village Egypt: Egypt's flagship technology and business park in 6th October City, offering similar IT/BPO infrastructure and office leasing directly competing for the same enterprise tenants. Both parks are located in the same city and serve overlapping outsourcing and software-development customer bases.
- Maadi Technology Park: Egyptian technology park targeting IT companies, with overlapping customer base in Cairo. Competes for similar software and outsourcing tenants and offers comparable office and innovation infrastructure.
Emerging players
- Creativa Innovation Hubs: Egyptian innovation-hub network hosting hackathons, incubation programs, and startup events, listed as a Silicon Waha partner for Waha Connect. Comparable innovation-ecosystem offering targeting startups and youth entrepreneurship in the same Egyptian market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Silicon Waha social profiles
Digital presenceSilicon Waha financial estimates
Financial estimateRevenue estimate
Valuation estimate
Silicon Waha leadership team
Management profileNumber of profiles
Profiles14 records
Silicon Waha funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Silicon Waha M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Silicon Waha
What does Silicon Waha do?
Silicon Waha develops and operates four technology parks across Egypt (New Borg Al Arab, New Assiut, New Beni Suef, and Sadat City) offering flexible, ready-to-use buildings including office spaces, contact center facilities, training centers, innovation labs with fabrication and PCB facilities, industrial factories, and land leasing for ICT companies, outsourcing firms, educational institutions, and electronics manufacturers. The parks feature world-class infrastructure including GPON fiber optic connectivity, redundant 17 MW power systems, and full utility services designed by Engineering Consultants Group and built by Wadi El Nile.
Is Silicon Waha a public or private company?
Silicon Waha is a private company. It is classified as corporate owned and is currently operating.
When was Silicon Waha founded?
Silicon Waha was founded in 2016. It employs 51 to 100 people.
Where is Silicon Waha based?
Silicon Waha is headquartered in 6 October City, Egypt, in the Africa region.
How does Silicon Waha make money?
Three revenue lines are on record. Commercial Real Estate Leasing - Buildings & Office Spaces are the primary driver. The others are land Leasing and event Venue Rental.
Who are Silicon Waha's main competitors?
Broad incumbents on record are Software Technology Parks of India (STPI) and Dubai Internet City. Regional players are Cyberjaya (Malaysia), King Abdullah Economic City (Emaar), Tashkent IT Park and Technopark Trivandrum. Direct peers are Dubai Silicon Oasis, Smart Village Egypt and Maadi Technology Park. Creativa Innovation Hubs is listed as an emerging player.
Does Silicon Waha have an API?
No public API is recorded for Silicon Waha.
What industry is Silicon Waha in?
Silicon Waha's product category is Technology Park Infrastructure. Its primary akta.pro industry code is HSAPAPAG, Occupancy, Space Utilization & Workplace Experience, with a secondary code of HSAPAPAN, Building Connectivity Infrastructure (Wired/Wireless, Gateways, Edge). Its NAICS code is 56121 and its SIC code is 8744.