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September 8th, 2010
Egypt seeks to bridge the nanotechnology divide
As the technology sector continues expanding in Egypt, a concerted effort has been made to forge ahead in the field of nanotechnology. As well as capitalizing on the potential benefits of nanotechnology, Egypt is hoping to avoid falling through the crack of what scientists have termed the "nanodivide."
Hassan Azzazy, professor and chairman of the chemistry department at the American University in Cairo (AUC), underscored the dilemma: "Egypt is falling behind," he said, as research and development only represent 0.5 percent of GDP, which is "miniscule."
"Egypt must enter heavily into the field now, or risk losing out" by having to invest even more funds in the future to catch up to the west. "The longer we wait, the harder it will be," Mohamed Abdel-Mottaleb, chairman of SabryCorp, told Daily News Egypt.
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