Egypt Pushes Investment, Tech Hub Ambitions

Egypt is advancing a comprehensive investment support program and working to localize tire manufacturing, according to statements from Issa. Mastercard and Tilda launched a unified financial experience in Egypt that combines daily payments with investment opportunities. Osama Kamal said Egypt has a historic opportunity to become Africa's leading technology hub. Nissan's regional president reported 32,000 vehicle sales in Egypt last year, capturing a 15.6% market share. Egypt's net international reserves rose to $53.13 billion in May, according to the Central Bank of Egypt.