{"id":675813,"date":"2025-11-19T00:00:00","date_gmt":"2025-11-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/19\/deloitte-innovation-hub-has-big-investment-plans-for-egypt\/"},"modified":"2025-11-19T00:00:00","modified_gmt":"2025-11-19T00:00:00","slug":"deloitte-innovation-hub-has-big-investment-plans-for-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/19\/deloitte-innovation-hub-has-big-investment-plans-for-egypt\/","title":{"rendered":"Deloitte Innovation Hub has big investment plans for Egypt"},"content":{"rendered":"

\n

DIGITAL EXPORTS-<\/p>\n

Deloitte Innovation Hub plans to invest USD 80 mn over the next three years <\/strong>to strengthen Egypt\u2019s digital ecosystem<\/strong>, according to a statement (pdf)<\/a>. This builds on the USD 30 mn the company has already invested in the market.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

What they said:<\/strong> \u201cAs we move forward, we\u2019re investing heavily in advancing our AI and cloud capabilities, further strengthening Cairo\u2019s position as a global destination for digital excellence,\u201d COO Ahmed Salem said. <\/p>\n

REMEMBER- <\/strong>Deloitte was one of 39 global digital services companies said<\/a> to be planning to use Egypt as their main base of operations. <\/p>\n

\n

DEVELOPMENT FINANCE-<\/p>\n

Egypt secured EUR 294.5 mn in concessional financing, debt swaps, grants, and <\/strong>technical cooperation from Germany <\/strong>under agreements signed<\/a> between the two sides during Planning Minister Rania Al Mashat\u2019s time in Berlin. While some of the agreements are old news<\/a>, some are coming to light for the first time. <\/p>\n

The new agreements include:<\/strong> A EUR 15 mn grant to finance the second phase of the Risk Management Mechanisms project, which aims to support SMEs and facilitate their access to funds; A EUR 20 mn grant to fund the third phase of the national solid waste management program; A EUR 570k grant to help digitize distribution networks and support ongoing energy-efficiency upgrades.<\/p>\n

PLUS-<\/strong> The two sides also signed the 2025-2028 negotiation protocol, which grants use EUR 123 mn in concessional financing and technical cooperation. The funding will support projects across a wide range of national priorities, including climate and energy transition and education. <\/p>\n

\n

MANUFACTURING-<\/p>\n

Almarai subsidiary Beyti inaugurated five new production lines at its Nubaria <\/strong>factory, with EGP 1 bn in investments<\/strong>, according to a statement (pdf)<\/a>. The expansion boosts the factory\u2019s production capacity for cheese, yogurt, and drinking yogurt. <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS- Almarai subsidiary Beyti inaugurated five new production lines at its Nubaria factory<\/p>\n","protected":false},"author":1,"featured_media":675814,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[8850,111,8569,8869,72,131,2053,639],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-675813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-almarai","tag-also-on-our-radar","tag-beyti","tag-deloitte","tag-enterpriseam","tag-manufacturing","tag-outsourcing","tag-technology","wpautop","entry"],"acf":{"mongo_id":"3eeda64e-bfcd-4e72-aa14-ece39c4af73e","order":"12","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/828.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Deloitte Innovation Hub has big investment plans for Egypt","related_issue":[675793],"teaser":"PLUS- Almarai subsidiary Beyti inaugurated five new production lines at its Nubaria factory","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.7d9b85b1-e08f-44f5-85cc-d36cde092ff6.mp3"},"yoast_head":"\nDeloitte Innovation Hub has big investment plans for Egypt - 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USD 68 mn), it said in a disclosure to the Saudi stock exchange on Sunday. Almarai now owns\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/dairy-Almarai-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621397,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/almarai-to-launch-usd-75-mn-acquisition-bid-for-egypts-greenland\/","url_meta":{"origin":675813,"position":4},"title":"Almarai to launch USD 75 mn acquisition bid for Egypt\u2019s Greenland?","author":"enterpriseam admin","date":"7 November 2018","format":false,"excerpt":"M&A WATCH- Almarai to launch USD 75 mn bid for Greenland? Saudi dairy product producer Almarai is reportedly looking to acquire Americana Group subsidiary Greenland Group for Food Industries in a transaction worth as much as USD 75 mn, according to a domestic press report citing sources with knowledge of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":664328,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/united-foundries-company-eyes-usd-10-mn-foundry-to-more-than-double-output-plus-sarwa-ins-zamalek-sc-beyti-hilton-huawei-scatec-ostoul-capital\/","url_meta":{"origin":675813,"position":5},"title":"United Foundries Company eyes USD 10 mn foundry to more than double output. 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