MANUFACTURING-

Egypt is in discussions with Belarus to launch a joint venture to locally assemble agricultural tractors, Industry Minister Kamel El Wazir said following talks with a Belarusian parliamentary delegation, according to a ministry statement. The proposed project would see Belarus’ state-owned agricultural machinery manufacturer MTZ partner with an unnamed Egyptian private-sector firm, with the state providing land and industrial licenses.

Also on the table: Officials from both sides are expected to meet this week to begin outlining plans for a grain logistics hub at an Egyptian port that would serve both local demand and export markets.

TECH-

Tech consultancy Giza Systems is gearing up to launch a global delivery center in Egypt today to serve its operations outside the country, CEO Ahmad El Harany told reporters at a press roundtable, attended by EnterpriseAM. The center will begin with several hundred employees and could scale up to the thousands within three years.

Giza Systems is also working with development agency GIZ on a training program to qualify 400 tech professionals in 2025, expanding to 1k annually in the coming years with a focus on AI and on-the-job experience.

The company plans to acquire companies with combined annual revenues of up to USD 200 mn over the next three years, El Harany said. The focus will be on fintech, sports management, and travel and healthcare tech. The goal is to build local capacity and transfer technical knowledge — not just to generate returns.

INFRASTRUCTURE-

The Aswan High Dam will undergo a EGP 2.5 bn upgrade to up its generation capacity, officials from the Electricity Ministry’s Hydro Plants Generation Company, according to Al Mal. Under the upgrade, the dam’s generation capacity is set to increase by 300 MW to 2.4 GW by 2028, the company said in a statement.

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