IOT MISR, one of Egypt’s leading Internet of Things (IoT) service providers, has announced a significant expansion of its operations in Libya, driven by rising demand for smart technologies in the banking and petroleum sectors.
Chief Executive Officer Amr Nour confirmed that the company’s Libyan unit achieved 30% growth in 2025 compared with the previous year, reflecting the strong appetite for IoT-based optimisation and automation across key sectors of the Libyan economy. Nour made the remarks during a press conference held in Cairo, highlighting Libya as one of the company’s most promising regional markets.
According to Nour, the firm’s Libya branch currently focuses on providing IoT solutions to the financial sector, where banks increasingly rely on automated monitoring systems, digital infrastructure, and advanced security technologies. The company has also begun expanding into the petroleum sector, offering solutions that enhance operational efficiency, reduce downtime, and improve energy management—areas that are becoming essential as Libya continues efforts to modernise its oil and gas industry.
Beyond its Libyan operations, IOT MISR has also recorded a strong performance in Egypt, with business volume increasing by 150% year-on-year in 2025. The company is preparing to launch new smart agriculture and irrigation solutions, alongside its established industrial management services. These technologies aim to reduce operational costs for manufacturers and improve efficiency across supply chains. Nour noted that digital transformation has already helped automotive factories cut energy consumption by up to 30%.
Founded as one of the first companies in Egypt specialising in IoT services, IOT MISR enables connectivity between devices, machinery, and infrastructure, allowing them to exchange data with minimal human intervention. Its solutions are widely used in smart cities, precision agriculture, and smart manufacturing, contributing to improved performance, safety and sustainability.
With Libya accelerating its push towards digital transformation, the company expects further expansion in 2026, supported by growing demand for smart banking technologies and modern energy-sector solutions.
