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2 clusters · 2 sources · 18 days · First seen · Last updated

Investment and business expansion in Egypt

Overview

Egypt is experiencing growth in investment activity and business infrastructure. In August 2026, the government inaugurated a new investor service center in the Banha investment zone, bringing the national total to 15 centers. This facility aims to simplify procedures for over 28,000 companies in the Qalyubia, Gharbia, and Menofia governorates.

Minister of Investment and Foreign Trade Mohamed Farid Saleh reported that between January and June 2026, approximately 26,000 new companies were established, a 20% increase from the previous year.

Following these domestic developments, the global business services provider ibex announced an expansion into Egypt with a new service delivery center in Cairo. Scheduled to begin operations in October, the facility intends to scale its workforce to 1,000 employees, leveraging the country’s multilingual workforce and digital infrastructure.

Entities

Mohamed Farid Saleh · Banha · Cairo · Qalyubia · General Authority for Investment and Free Zones

Timeline

  1. 9 days ago

    [BUSINESS] 2 sources
    ibex expands global network with new service center in Egypt

    ibex is expanding its global service delivery network by opening a new state-of-the-art center in Cairo, Egypt, with plans to hire 1,000 employees within the first nine months.

  2. 27 days ago

    [BUSINESS] 3 sources
    Egypt opens new investor service center in Banha

    Egypt has opened a new investor service center in Banha, increasing the national total to 15 centers to support over 28,000 companies and facilitate economic growth in regional governorates.

Sources

dailyguardian.ca · techrseries.com