{"id":670459,"date":"2025-08-20T00:00:00","date_gmt":"2025-08-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/madbouly-pitches-japanese-industrial-zone-in-sczone-2\/"},"modified":"2025-08-20T00:00:00","modified_gmt":"2025-08-20T00:00:00","slug":"madbouly-pitches-japanese-industrial-zone-in-sczone-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/madbouly-pitches-japanese-industrial-zone-in-sczone-2\/","title":{"rendered":"Madbouly pitches Japanese industrial zone in SCZone"},"content":{"rendered":"

Good morning, all.<\/strong> We have a packed issue for you this morning led by news that the government is preparing a package of incentives that will include full tax exemptions on IPO proceeds. The move will set the stage for the next wave of privatization, which we know will focus on minority stake sales via the EGX. <\/p>\n

AND- Is it the end of the EGP\u2019s rally against the greenback? <\/strong>After weeks of gains, the EGP has started slipping against the USD thanks to the usual volatility of hot money outflows and heightened demand following the recent loosening of FX restrictions. <\/p>\n

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<\/a> <\/p>\n

The 2025 EnterpriseAM Egypt Forum is fast approaching<\/strong>, our flagship forum and part of our must-attend series of invitation-only, C-suite-level gatherings. Tap to register your interest to attend. Want to partner with us? <\/strong>Reach out to Moustafa Taalab at mtaalab@enterprisemea.com<\/a> to discuss how you can sponsor.<\/p>\n

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PSA- <\/p>\n

<\/a> Could we finally catch a break from annoying telemarketers? <\/strong>The National Telecom Regulatory Authority (NTRA) will begin disconnecting phone numbers identified as making unregistered promotional calls starting Sunday, the authority said in a statement<\/a>. The watchdog is urging companies and individuals who rely on marketing calls to register their lines through their operators to avoid disconnection. Citizens can report unregistered marketing calls via their telecom operators\u2019 hotlines, NTRA\u2019s hotline, the My NTRA app, or through NTRA's website<\/a>.<\/p>\n

This isn\u2019t the first step the authority has taken to crack down on spam calls. <\/strong>A year ago, NTRA gave telemarketers one month to register<\/a> mobile phone numbers used for marketing calls within a special database, allowing recipients to receive spam alerts from their service provider or NTRA.<\/p>\n

WEATHER- <\/strong>After a couple of hot days, the mercury is dipping slightly today, with Cairo in for a high of 35\u00b0C and a low of 25\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s a little cooler in Alexandria<\/strong>, with a high of 32\u00b0C and a low of 24\u00b0C.<\/p>\n

WATCH THIS SPACE- <\/p>\n

<\/a> Madbouly pitches a<\/strong> Japanese industrial zone in Egypt:<\/strong> Prime Minister Moustafa Madbouly invited Japanese companies to establish a dedicated Japanese industrial zone in the Suez Canal Economic Zone (SCZone), according to a cabinet statement<\/a>. The move would allow manufacturers to capitalize on Egypt\u2019s strategic location at the crossroads of Africa, Europe, and Asia and leverage the country\u2019s freetrade agreements to reach key markets with fewer customs barriers, Madbouly said.<\/p>\n

All for the localization push:<\/strong> Madbouly also urged Japanese firms at the Egypt-Japan Business Council\u2019s investment forum in Tokyo to back Egypt\u2019s localization drive in priority sectors, including automotive, renewables, and water desalination, noting that the government is supporting these industries with incentive packages.<\/p>\n

The investment forum also saw the signing of 12 agreements and letters of intent<\/strong> across education, renewables, industrial development, IT, logistics, tourism, and green energy, according to a separate statement<\/a>. Among those worth noting are an agreement between the SCZone, Orascom Construction, and Japan\u2019s Itochu Corp to develop green fuel bunkering for ships, and a pact between Toyota Tsusho and the industry and investment ministries to localize automotive and automotive components manufacturing.<\/p>\n

Several education agreements were also signed: <\/strong>The Education Ministry signed a cooperation protocol with Casio Middle East<\/a> to train middle school math teachers, an MoU with SAPIX<\/a> to develop the math curriculum for all grades, and an MoU with Yamaha Corporation<\/a> to launch a music pilot project, introducing musical instruments in 100 public schools and training music teachers to use them in the classroom. The ministry also signed a letter of intent to expand cooperation in technical education with the Japanese Education Ministry.<\/p>\n

HAPPENING TODAY- <\/p>\n

<\/a> Vertiv\u2019s AI Solutions Innovation Roadshow lands in Cairo today:<\/strong> Global digital infrastructure player Vertiv<\/a> is hosting its AI Solutions Innovation Roadshow<\/a> at the Dusit Thani LakeView Cairo hotel today as part of a global series to showcase AI-ready infrastructure, the company said in a press release. The event will cover how enterprises in Northeast Africa are preparing their data centers for high-performance computing and AI workloads, with discussions on liquid and hybrid cooling, power optimization, and alternative energy solutions. You can find the agenda and link to register on Vertiv\u2019s website<\/a>.<\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

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ICYMI- Check out our Founder of the Week interview<\/strong> with founder and CEO of Baky Hospitality Ayman Baky here<\/a>. <\/p>\n

THE BIG STORY ABROAD- <\/p>\n

There\u2019s a hodge podge of stories out there this morning<\/strong>, none of which are dominating headlines across the international business press. Among the stories of note: <\/p>\n

The White House is \u201cironing out the details\u201d of a potential acquisition of a 10% stake in <\/strong>chipmaker Intel<\/strong>, White House Press Secretary Karoline Leavitt confirmed yesterday, following reports of the potential agreement over the past few weeks. Leavitt\u2019s confirmation also comes after SoftBank announced earlier this week that it\u2019s acquiring a 2% stake in the chipmaker in an agreement worth USD 2 bn. The government appears to be looking to get the stake in Intel in exchange for grants the company received under the Biden administration, with Treasury Secretary Scott Bessent saying, \u201cThe stake would be a conversion of the grants and maybe increase the investment into Intel to help stabilize the company for chip production here.\u201d (Reuters<\/a> | Financial Times<\/a>)<\/p>\n

Air Canada is gradually resuming its flight operations after reaching an agreement with<\/strong> flight attendants over their pay<\/strong>, ending a four-day strike that caused the Canadian air carrier to cancel flights and retract its full-year earnings guidance. Air Canada reportedly agreed to compensate flight attendants for their work on the ground prior to the start of a flight \u2014 including boarding passengers \u2014 and will also enact immediate pay increases for flight attendants. (CBC<\/a> | Reuters<\/a>)<\/p>\n

The US and NATO are working on putting together a package of security assurances for<\/strong> Kyiv after the end of Ukraine\u2019s war with Russia<\/strong>, after Ukraine\u2019s Volodymyr Zelensky met with US President Donald Trump in Washington earlier this week. The package could take shape as early as this week, ahead of a potential meeting between Zelensky and Russian President Vladimir Putin. (Reuters<\/a> | Bloomberg<\/a>)<\/p>\n

<\/p>\n

*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> EnterpriseAM\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education. <\/p>\n

In today\u2019s issue: <\/strong>We look at how low-cost airlines are shaking up the country\u2019s aviation sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, all. We have a packed issue for you this morning led by news that the government is preparing a package of incentives that will include full tax exemptions on IPO proceeds. 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We have lots on this front in today\u2019s Speed Round, below.The judiciary is going to play an outsized role in business sentiment this week. The Cairo Economic Court is due to deliver on Tuesday a decision\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558338,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/05\/this-morning-its-interest-rate-day-2\/","url_meta":{"origin":670459,"position":1},"title":"THIS MORNING: It\u2019s interest rate day;","author":"enterpriseam admin","date":"5 August 2021","format":false,"excerpt":"Good morning, friends, and welcome to another busy news morning as this first week of August starts drawing to a close. We hope those of you stuck with us here in the capital are managing to stay cool. And for those of you enjoying the much cooler weather in Sahel?\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644956,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/09\/what-were-tracking-this-week-151\/","url_meta":{"origin":670459,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"9 July 2017","format":false,"excerpt":"A delegation from Poland\u2019s Pomeranian Special Economic Zone (PSEZ) will be in Egypt for a four-day visit to discuss establishing an industrial zone in the Suez Canal Economic Zone (SCZone), Al Shorouk reports. Delegation members are set to meet with Trade and Industry Minister Tarek Kabil and Suez Canal Economic\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634288,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/what-were-tracking-on-11-january-2018\/","url_meta":{"origin":670459,"position":3},"title":"What we\u2019re tracking on 11 January 2018","author":"enterpriseam admin","date":"11 January 2018","format":false,"excerpt":"A fairly slow news day abroad is balanced by a very busy one here in Egypt, so we\u2019re keeping the miscellany to a minimum this morning.Among the (very small) handful of international stories worth your time this morning: The \u201clast of the bears\u201d are still waiting in hope of a\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629033,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/what-were-tracking-this-week-24\/","url_meta":{"origin":670459,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"21 May 2018","format":false,"excerpt":"Russian industrial zone contracts will be signed on Wednesday? Egypt and Russia will sign contracts for a 5.23 mn sqm Russian Industrial Zone on Wednesday, 23 May, during a joint committee meeting, according to a Russian trade ministry statement (Russian) issued on Friday. A delegation from Russia\u2019s Rosatom Overseas is\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567888,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/what-were-tracking-on-10-december-2020\/","url_meta":{"origin":670459,"position":5},"title":"What we\u2019re tracking on 10 December 2020","author":"enterpriseam admin","date":"10 December 2020","format":false,"excerpt":"Good morning, friends. We made it through another week together. There are just 21 days left in 2020, if you \u2014 like us \u2014 are keeping count. *** We\u2019re a bit late this morning because one of our cloud services is glitching this morning. We\u2019ve addressed most of the problem,\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/670459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=670459"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/670459\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/670457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/670460"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=670459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=670459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=670459"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=670459"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=670459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}