Latest news with #EBCC
Al-Ahram Weekly
4 hours ago
- Business
- Al-Ahram Weekly
Egypt taking bold steps to become regional business hub: HSBC Egypt CEO - Economy
Egypt is taking decisive steps to position itself as a regional business hub, stated Todd Wilcox, deputy chairman and CEO of HSBC Egypt, as 20 UK-based companies gathered in Cairo this week in a forum to explore new investment opportunities. HSBC organized the event in partnership with the Egyptian-British Chamber of Commerce (EBCC) and UK Export Finance (UKEF). The EBCC–HSBC–UKEF Investment and Infrastructure Forum, held at HSBC Egypt's headquarters, brought together senior Egyptian officials — including Walid Gamal El-Din, chairman of the Suez Canal Economic Zone — alongside international investors and industry leaders. The forum formed part of a broader mission to Egypt led by the UK Department for Business and Trade. Discussions focused on unlocking investment and collaboration opportunities across key sectors of Egypt's economy, including renewable energy, digital infrastructure, waste management, and export-oriented manufacturing. 'By connecting investors with high-potential opportunities, we aim to accelerate progress towards a more sustainable and resilient economy,' Wilcox said. Mohanad Khaled, chairman of the EBCC, thanked HSBC and UKEF for strengthening UK–Egypt business ties. Mohamed Saad, UKEF's country head for Egypt and Algeria, reaffirmed the UK government's commitment to supporting British companies delivering commercial and developmental impact in Egypt. The forum also facilitated targeted business-to-business and business-to-government meetings, helping to create direct engagement channels expected to lead to new commercial partnerships, particularly in Egypt's growing infrastructure sector. Egypt is pursuing a strategy to increase private sector participation in the national economy while seeking to attract greater inflows of foreign direct investment. The country remains in talks with the International Monetary Fund (IMF) over the fifth review of its $8 billion Extended Fund Facility loan programme. Follow us on: Facebook Instagram Whatsapp Short link:
Daily News Egypt
18 hours ago
- Business
- Daily News Egypt
HSBC Egypt, EBCC and UK Export Finance host high-level Investment, Infrastructure Forum in Cairo
HSBC Egypt, in collaboration with the Egyptian-British Chamber of Commerce (EBCC) and UK Export Finance (UKEF), proudly hosted the EBCC-HSBC-UKEF Investment and Infrastructure Forum at its Head Office in Cairo. The forum served as a strategic highlight of the broader EBCC-Department for Business and Trade (DBT) infrastructure mission to Egypt which included nearly 20 UK-based companies. This high-level event brought together key decision-makers and stakeholders from the UK and Egypt, including senior representatives from the government including Walid Gamal Eldin the Chairperson of the Suez Canal Economic Zone, international investors, and the private sector, to unlock investment and collaboration opportunities across Egypt's evolving infrastructure landscape. Commenting on the event, Todd Wilcox HSBC Egypt Deputy Chairperson and CEO said, 'Egypt is taking bold steps to position itself as a regional business hub, through economic reform and investment in sustainable infrastructure. Hosting this forum is part of our continued effort to catalyze strategic partnerships that support Egypt's transformation. By connecting investors with high-potential opportunities, we aim to accelerate progress toward a more sustainable and resilient economy.' The discussion focused on several high-impact sectors vital to Egypt's infrastructure development, including clean and renewable energy, digital infrastructure and waste management. Attention was also given to the opportunities in nearshore manufacturing aimed at export markets to support economic growth. Mohanad Khaled, EBCC Chairperson added, 'We are delighted to work alongside HSBC and UK Export Finance to bring UK-Egypt relations to the forefront of infrastructure investment. Forums like this are vital for building bridges between markets, industries, and policymakers. We would also like to thank the UK Department of Business and Trade and the British Embassy in Cairo for their partnership on the mission to Egypt.' 'UK Export Finance is proud to support British companies in delivering high-quality solutions to Egypt's infrastructure ambitions. Through this collaboration with HSBC and EBCC, we are enabling projects that have both commercial and developmental impact,' said Mohamed Saad, Country Head of Egypt and Algeria, UKEF. In addition to panel discussions, the forum featured curated business-to-business (B2B) and business-to-government (B2G) meetings, offering direct engagement opportunities to facilitate actionable partnerships and commercial outcomes.
bnok24
20 hours ago
- Business
- bnok24
HSBC Egypt, EBCC and UK Export Finance Host High-Level Investment and Infrastructure Forum in Cairo
HSBC Egypt, in collaboration with the Egyptian-British Chamber of Commerce (EBCC) and UK Export Finance (UKEF), proudly hosted the EBCC-HSBC-UKEF Investment and Infrastructure Forum at its Head Office in Cairo. The forum served as a strategic highlight of the broader EBCC-Department for Business and Trade (DBT) infrastructure mission to Egypt which included nearly 20 UK based companies This high-level event brought together key decision-makers and stakeholders from the UK and Egypt, including senior representatives from government including Mr. Walid Gamal Eldin the Chairman of the Suez Canal Economic Zone, international investors, and the private sector, to unlock investment and collaboration opportunities across Egypt's evolving infrastructure landscape Commenting on the event, Todd Wilcox HSBC Egypt Deputy Chairman and CEO said, 'Egypt is taking bold steps to position itself as a regional business hub, through economic reform and investment in sustainable infrastructure. Hosting this forum is part of our continued effort to catalyze strategic partnerships that support Egypt's transformation. By connecting investors with high-potential opportunities, we aim to accelerate progress toward a more sustainable and resilient economy The discussion focused on several high impact sectors vital to Egypt's infrastructure development, including clean and renewable energy, digital infrastructure and waste management. Attention was also given to the opportunities in nearshore manufacturing aimed at export markets to support economic growth Mohanad Khaled, EBCC Chairman added, 'We are delighted to work alongside HSBC and UK Export Finance to bring UK-Egypt relations to the forefront of infrastructure investment. Forums like this are vital for building bridges between markets, industries, and policymakers. We would also like to thank UK Department of Business and Trade and the British Embassy in Cairo for their partnership on the mission to Egypt 'UK Export Finance is proud to support British companies in delivering high-quality solutions to Egypt's infrastructure ambitions. Through this collaboration with HSBC and EBCC, we are enabling projects that have both commercial and developmental impact,' said Mohamed Saad, Country Head of Egypt and Algeria, UKEF In addition to panel discussions, the forum featured curated business-to-business (B2B) and business-to-government (B2G) meetings, offering direct engagement opportunities to facilitate actionable partnerships and commercial outcomes Google News تابعونا على تابعونا على تطبيق نبض
Zawya
15-05-2025
- Business
- Zawya
Scottish Africa Business Association and Egyptian British Chamber of Commerce Sign Memorandum of Understanding (MOU) to Boost Trade and Collaboration
The Scottish Africa Business Association (SABA) ( is delighted to announce the signing of a Memorandum of Understanding (MOU) with the Egyptian British Chamber of Commerce (EBCC) at the All-Energy Conference 2025, marking the start of an exciting partnership to strengthen trade and investment ties between Scotland and Egypt. The agreement will see SABA and the EBCC work closely together over the coming year to deliver a range of activities, including bringing Egyptian business delegations to Scotland, hosting joint webinars and collaborating during SABA's flagship Scotland London Africa Week. A Scottish trade mission to Egypt is also planned for 2026, offering Scottish businesses a unique opportunity to explore this dynamic and rapidly expanding market. Egypt is one of Africa's most important and influential economies, with significant opportunities for Scottish companies, particularly in the hydrogen, energy, maritime and education&skills training sectors. The Egyptian government has set ambitious targets to become a regional leader in green hydrogen production and decarbonisation, creating strong demand for Scottish expertise in renewable energy technologies, engineering and innovation. In the energy sector, Egypt is investing heavily in both traditional and renewable power, including offshore wind and solar projects — areas where Scotland has global leadership. As a critical maritime hub connecting Europe, Africa and Asia via the Suez Canal, Egypt offers vast opportunities for Scottish companies in shipbuilding, port development, marine engineering and logistics. Additionally, Egypt's focus on upskilling its young workforce aligns closely with Scottish strengths in higher education, vocational training and capacity building. Seona Shand, Chief Operating Officer at SABA, commented: 'We are delighted to formalise this partnership with the Egyptian British Chamber of Commerce, which will open up exciting opportunities for Scottish businesses in one of Africa's most dynamic and strategic markets. Egypt is a key player on the continent, particularly in sectors where Scotland has world-leading expertise — hydrogen, renewable and traditional energy, maritime and education and skills training. With Egypt's ambitious plans for green hydrogen and decarbonisation, there's huge potential for collaboration with Scottish innovators and technology providers. The country's rapidly expanding energy sector, including major offshore and renewables projects, aligns perfectly with Scotland's capabilities. Egypt's role as a maritime hub through the Suez Canal creates opportunities for knowledge exchange in shipbuilding, port infrastructure and maritime services. And with a young, ambitious population, there is growing demand for education, vocational training and upskilling, where Scottish colleges, universities and training providers can play a crucial role. We're excited to welcome Egyptian delegations to Scotland, to deliver joint webinars and to welcome the Chamber's involvement in our flagship Scotland London Africa Week. We also look forward to taking a Scottish trade mission to Egypt next year to help our members build long-lasting partnerships on the ground.' Mark Lawrence, Chief Executive at the Egyptian British Chamber of Commerce, added: 'This MOU marks the beginning of a promising collaboration between our two organisations. We see significant potential to connect Egyptian and Scottish businesses, share expertise and develop mutually beneficial partnerships across key sectors. We look forward to working closely with SABA to deliver impactful activities over the coming months.' The MOU signing reflects SABA's continued commitment to expanding opportunities for its members across key African markets and to building meaningful, sustainable partnerships that drive trade, investment and shared growth. About the Scottish Africa Business Association (SABA): SABA is the preeminent non-political, Africa focussed, members trade organisation with an unrivalled board of experienced directors which promotes trade, investment and knowledge sharing between Scotland's world class expertise and Africa's priority sectors including energy, agriculture, the blue economy, healthcare, skills training and education by leveraging extensive commercial, trade, political and government contacts across Scotland and Africa. As part of this, our team organises private meetings, round tables, seminars, conferences, global trade missions and offers market research, intelligence sharing and consultancy services.
