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Egypt textile expansion plans were the focus of high level talks between government officials and a major Turkish backed manufacturing group, as Egypt continues efforts to strengthen its industrial base and increase export capacity in the textile sector. Khaled Hashem met with Selim Sankaya, chief executive officer of GID Textile Egypt, a subsidiary of Turkey’s Eroglu Global Holding, to review investment plans and future expansion strategies in the country’s textile industry. The discussions focused on expanding production capacity across the company’s existing factories in Borg El Arab, 10th of Ramadan City, and Ismailia. The group currently employs around 15,000 workers…
Egypt climate startups are set to receive new support following a partnership between Schneider Electric and GIZ Egypt aimed at accelerating clean technology innovation. The agreement is designed to strengthen the country’s startup ecosystem by helping climate focused companies develop and scale sustainable solutions. Schneider Electric has signed a cooperation agreement with GIZ in Egypt under the Private Sector Innovation Project. The initiative will support the implementation of the ClimAccelerator programme, which focuses on helping early stage climate technology startups grow in the Egyptian market. The programme will be operated locally through the Athar Accelerator in partnership with Climate KIC,…
The European Union has approved a EUR 690 million financing package to support major upgrades to Egypt’s electricity transmission network, a move aimed at strengthening the country’s power infrastructure and enabling large-scale renewable energy integration by 2030. The funding package is designed to help Egypt connect up to 22 gigawatts of new renewable energy capacity to its national grid. It marks the largest single European Union investment in clean energy infrastructure in Egypt to date, reflecting growing cooperation between Cairo and Brussels in the energy sector. The financing includes a EUR 600 million loan from European Investment Bank Global and…
Egypt has called for stronger and more independent healthcare systems across Africa, with Health Minister Khaled Abdel Ghaffar stressing that achieving African health sovereignty has become a strategic necessity rather than an option. His remarks came during the fifth edition of Africa Health ExCon 2026 in Cairo, where leaders gathered to discuss the future of healthcare on the continent. Speaking at the opening session titled “African Health Sovereignty: From Dependency to Strategic Independence,” Abdel Ghaffar said African countries must be able to protect public health, respond quickly to medical emergencies, and develop local production of essential medicines and health products.…
Egypt has approved a major new step in its digital transformation plan with a large-scale Egypt Data Center Investment aimed at strengthening cloud services and national infrastructure. The government has granted a license to Hassan Allam Digital Infrastructure and Data Center Solutions to build and operate advanced data centers and cloud computing services. The license was issued by the National Telecommunications Regulatory Authority during a ceremony in Cairo on June 15, 2026. The event was attended by Egypt’s Communications and Information Technology Minister Raafat Hindi, along with senior officials from the technology sector. The project begins with an estimated investment…
Egypt has hosted a major international meeting focused on the growing threat of cybercrime and the need for stronger global cooperation. The event, known as the Cybercrime Conference Egypt, brought together government officials, legal experts, and international organizations to discuss how countries can better respond to digital crimes and emerging online risks. The conference was opened on June 14, 2026, by Counselor Mahmoud Helmy Al-Sharif, Egypt’s Minister of Justice. It is being held in partnership with the United Nations Office on Drugs and Crime and the Council of Europe, along with academic institutions and regional partners. Officials said the main…
Egypt is working to attract more investment from Uzbekistan as both countries look to expand trade and economic cooperation across key industries, according to officials who met in Cairo this week. The discussions focused on building stronger business ties and opening new opportunities for joint investment. The meeting took place between Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, and Uzbekistan’s Foreign Minister Bakhtiyor Saidov at the ministry headquarters in Cairo. Both sides reviewed ways to increase trade flows and encourage private sector partnerships. Officials said the talks covered several major sectors that could support future cooperation. These include…
Huawei Cloud has strengthened its push into Egypt’s fast-growing financial technology sector, highlighting secure cloud systems, artificial intelligence tools, and data infrastructure at a major industry summit in Cairo. The company said its goal is to support digital growth, improve financial services, and help more people access modern banking tools. The Huawei Cloud FinTech Summit 2026 was held in Cairo under the theme “Empowering FinTech Innovation through Cloud Computing, AI, Data, and Secure Digital Infrastructure.” The event brought together banks, fintech startups, technology partners, and industry leaders to discuss how digital tools are reshaping financial services in Egypt. Egypt’s financial…
Egypt and Uzbekistan have signed two memorandums of understanding aimed at strengthening diplomatic and economic cooperation during the first official visit by an Uzbek foreign minister to Cairo. The agreements mark a new step in expanding bilateral ties between the two countries. The talks were held between Egypt’s Foreign Minister Badr Abdelatty and Uzbekistan’s Foreign Minister Bakhtiyor Saidov. Both sides focused on expanding cooperation in trade, investment, and institutional partnerships. One of the signed agreements links the Egyptian Institute for Diplomatic Studies with its Uzbek counterpart. The second establishes a cooperation programme between the two foreign ministries covering the period…
Egypt has carried out joint military exercises with Türkiye and the Sultanate of Oman in separate drills aimed at improving operational coordination and strengthening defense cooperation among the participating forces. The exercises are focused on “exchanging training expertise and unifying operational concepts,” according to a statement from Egypt’s military spokesperson. The drills involve air and ground components and are taking place over several days at multiple training locations across Egypt. In the Egyptian-Turkish air exercise, multirole fighter aircraft from both countries participated in coordinated training missions. The first phase of the exercise included theoretical lectures designed to align combat strategies…