Egypt’s Minister of Industry Khaled Hashem held discussions with a delegation from the American Chamber of Commerce in Egypt, led by Chairperson Omar Mehanna, to explore ways of strengthening trade and industrial cooperation between Egypt and the United States. The minister reaffirmed the government’s commitment to expanding trade ties with the United States across a wide range of sectors, alongside efforts to attract further American investment into Egypt. Hashem highlighted emerging opportunities for US companies in Egypt, particularly in data centres and artificial intelligence-driven industries that support industrial development. He stressed that the private sector remains a central partner in achieving Egypt’s industrial development objectives, adding that the ministry is currently reviewing the national industrial development strategy to better align with global and regional shifts. The minister also outlined ongoing efforts to streamline procedures for industrial land allocation, making it easier for investors to establish projects.

Source: Daily News Egypt April 07, 2026 20:59 UTC