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Egypt holds talks with Japan's SoftBank on green energy cooperation

Businessmen Team news 10 December 2025 01:55 PM
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Egypt holds talks with Japan's SoftBank on green energy cooperation

Egypt's Ambassador to Japan, Ragui El-Etreby, met with executives from global technology and investment giant SoftBank to explore expanding Japanese participation in Egypt's strategic projects, particularly in renewable energy, artificial intelligence (AI), and digital transformation.

The Ambassador highlighted the positive developments in the Egyptian economy and the extensive opportunities arising from structural reforms. He noted the priority given to Japanese companies, including a proposal to establish a Japanese Industrial Zone in the Suez Canal Economic Zone.

El-Etreby showcased ongoing Egyptian projects in green hydrogen, renewable energy, and data centers, affirming Egypt's readiness to attract more Japanese investment given its advanced infrastructure, qualified workforce, and pivotal geographic location as a regional energy and communications hub.

SoftBank officials, who currently invest in Egypt through their EMEA Renewable Energy unit, confirmed their increasing interest in the Egyptian market following recent site visits to Aswan, Ras Ghareb, and the New Administrative Capital. The executives expressed keenness to pursue new expansion opportunities in clean energy, energy storage, AI, and data centers.