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Egypt's PM Inaugurates Jumia's Largest E-Commerce Logistics Hub

H-Tayea Prime Minister Mostafa Madbouly inaugurated Jumia Egypt's largest e-commerce logistics warehouse, designed with cutting-edge technologies, in a move that underscores the growing strength of Egypt's digital economy and investment climate. Following the launch of the BSH Group's first home appliance factory in Egypt earlier the same day, Madbouly visited the new Jumia facility, accompanied by Minister of Communications and Information Technology Amr Talaat, Cairo Governor Ibrahim Saber, and Jumia Egypt CEO Abdel Latif Olama. Expressing his satisfaction, Madbouly praised Jumia's successful expansion in Egypt and highlighted the company's growing confidence in the Egyptian market. He emphasized that this investment reflects the broader trust global companies place in Egypt's improving investment environment. The Prime Minister reaffirmed the government's commitment to supporting digital transformation, logistics infrastructure development, and job creation, particularly within the digital economy and e-commerce sectors. For his part, Jumia Egypt CEO Abdel Latif Olama stressed the company's belief in digital economy growth as a key driver of Egypt's future. He affirmed that cooperation with the government bolsters national efforts in digital transformation and enables small and medium-sized enterprises (SMEs) to scale both domestically and internationally. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean