{"id":4555,"date":"2026-10-27T23:09:40","date_gmt":"2026-10-27T20:09:40","guid":{"rendered":"https:\/\/dailybusiness.info\/?p=4555"},"modified":"2026-10-27T23:09:40","modified_gmt":"2026-10-27T20:09:40","slug":"foreign-minister-egypt-seeks-to-strengthen-its-position-as-a-regional-manufacturing-hub","status":"publish","type":"post","link":"https:\/\/dailybusiness.info\/?p=4555","title":{"rendered":"Foreign Minister: Egypt seeks to strengthen its position as a regional manufacturing hub"},"content":{"rendered":"<div role=\"main\" id=\"content\">\n<article id=\"the-post\">\n<div>\n<figure><img fetchpriority=\"high\" width=\"780\" height=\"470\" src=\"https:\/\/amayei.nyc3.digitaloceanspaces.com\/2026\/10\/\u0627\u0644\u062e\u0627\u0631\u062c\u064a\u0629-780x470.jpg\" alt data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"><\/figure>\n<\/div>\n<div>\n<p>Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty, who also serves as Egypt\u2019s governor at the World Bank Group, stressed Egypt\u2019s commitment to strengthening its position as a regional manufacturing hub.<\/p>\n<p>Abdelatty made the remarks on Tuesday, October 27, 2026, during the fifth global Manufacturing Conference, organized by the World Bank Group in Cairo from October 26 to 28 under the theme \u201cManufacturing for Jobs, Value Addition and Prosperity,\u201d with the participation of officials and representatives of international institutions and the private sector.<\/p>\n<p>He said developing industrial capabilities was a priority in Egypt\u2019s structural economic reform efforts, helping expand the production base, attract investment and integrate the Egyptian economy into regional and global value chains.<\/p>\n<p>Abdelatty outlined national strategies to boost economic growth, enhance competitiveness and support industrial development in Africa, highlighting Egypt\u2019s target of increasing non-oil exports to $100 billion by 2030 through localizing industries, components and production inputs and increasing domestic value added.<\/p>\n<p>He also highlighted efforts to direct investment toward priority industries, particularly green and sustainable sectors, and facilitate access to industrial land and facilities, stressing the private sector\u2019s role in localizing technology and creating sustainable jobs.<\/p>\n<p>Abdelatty said Egypt\u2019s strategic location, advanced infrastructure, large domestic market and skilled workforce make it attractive for industrial investment.<\/p>\n<p>He stressed the importance of cooperation with international financial institutions and development partners to support technology transfer, skills development and access to financing, and enhance the competitiveness of Egyptian exports amid climate-related trade challenges.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty, who also serves as Egypt\u2019s governor at the World Bank Group, stressed Egypt\u2019s commitment to strengthening its position as a regional manufacturing hub. Abdelatty made the remarks on Tuesday, October 27, 2026, during the fifth global Manufacturing Conference, organized by the World Bank Group [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":4556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4555","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Foreign Minister: Egypt seeks to strengthen its position as a regional manufacturing hub - daily business egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailybusiness.info\/?p=4555\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign Minister: Egypt seeks to strengthen its position as a regional manufacturing hub\" \/>\n<meta property=\"og:description\" content=\"Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty, who also serves as Egypt\u2019s governor at the World Bank Group, stressed Egypt\u2019s commitment to strengthening its position as a regional manufacturing hub. 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