About Us

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The mission of the pyraCode team is to offer a first-class holistic service by building the best software development teams in line with the customer‘s needs, strategy, values, goals and quality standards.

Through a long-term integration of our developers in the customer’s organization and by helping to accelerate product development and time-to-market, we position pyraCode as a tech partner of choice in the region.

Jürgen Thiel

is the Managing Director of pyraCode GmbH in Munich.
After graduating in computer science, he worked as a software developer for a few years before joining Intel Corporation, where he led sales in Europe and served as Managing Director of the German subsidiary. Jürgen then lived in Brazil, supporting German companies to enter the Latin American market. After building global sales for a German software company, he now works as an interim manager and consultant.

Mahmoud Faozy

is the Managing Director of pyraCode Services Egypt LLC in Cairo.
He has more than ten years of experience in outsourcing technological skills and talent in Egypt to international customers ranging from startups to very large corporations. Mahmoud has a proven track record of running projects with famous brands like Vodafone, Sony, ESW Capital, Upland Software and other technology companies in Europe, North America and the APAC region.

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“From Egypt to the World” – this was the theme of the Global Offshoring Summit 2025 in Cairo. Egypt has become a leading player in the offshoring industry. Offshoring exports have grown from $2.4 billion in 2022 to $4.8 billion in 2025. Over 240 companies offer BPO, IT, and R&D services from Egypt worldwide, with locations from Alexandria to Luxor. The Egyptian government is driving the country’s digital growth story based on three pillars:

Infrastructure

$6 billion investment in digital infrastructure - 100% mobile phone penetration - 15.5 million households connected with internet - 74% internet penetration

Ecosystem

Nationwide network of 26 centers supporting startups, freelancers & tech youth - Dedicated hubs, e.g. Imhotep Center for Innovation and Development - Comprehensive regulations for data protection and cybersecurity - Digital Egypt platforms for citizens and for businesses

Talents

64% of the population under 35 - 130+ universities and 100 faculties - 760,000+ university graduates per year with 50,000+ ICT graduates - 500,000+ ICT trainees in 2024 with 20+spoken languages

The Egyptian government is offering a comprehensive incentive framework to accelerate setup, growth and global delivery from Egypt:

Jobs

Rewarding job creation with financial rebates proportional to new export-oriented hires

Training

Building ready-to-deploy talent by subsidized training for company-specific skill pipelines

Office Space

Flexible, affordable infrastructure by offering access to office spaces at MCIT-affiliated technology complexes

Customers

Market development support through joint promotion and international outreach to attract global business

Soft Landing

Guidance in securing reliable local partners and facility operators

In 2025 alone 39 global companies have expanded their centers in Egypt creating more than 50,000 jobs and 16 more global companies have opened new centers in Egypt creating more than 20,000 jobs.

Also pyraCode is officially supported by the Egyptian government through ITIDA – see list of companies in the video below at 2:06.

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