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Egypt aims for global AI leadership, targets $145b in exports

Businessmen Team news 25 January 2026 05:14 PM
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Egypt aims for global AI leadership, targets $145b in exports

Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, emphasized Sunday that the country is positioned to become a major global player in Artificial Intelligence (AI), citing its vast renewable energy potential and strategic digital infrastructure.

Speaking at a seminar titled "Between Innovation and Developmental Impact: The Role of AI in Accelerating the Development Agenda," El-Khatib noted that the global shift toward AI is a historic turning point. He identified five essential elements for AI sovereignty: energy, infrastructure, chips, models, and applications.

The Minister highlighted that energy, specifically renewable energy, is the primary pillar for building AI systems. He revealed that Egypt has the technical capacity to generate between 700 and 1,000 gigawatts of solar power in the Western Desert.

"These capabilities place Egypt in a prime position to play a leading role in the technological future, both locally and regionally," El-Khatib said.

Regarding infrastructure, El-Khatib pointed to Egypt’s strategic location, which connects Asia and Europe via data cables. He urged the expansion of data centers powered by clean energy to ensure project sustainability.

The Minister also outlined significant reforms to Egypt’s digital investment climate:

Digital Transformation: 41 government agencies have been converted into digital platforms to streamline investor procedures.

Simplified Licensing: 389 different licenses have been digitized, and the number of steps to establish a company has been reduced from 34 to just nine in certain sectors.

Unified Records: Investors now use a single digital commercial register instead of the 22 previously required.

To bolster the trade sector, Egypt is launching the "Egypt Digital Trade Platform" to connect exporters with importers and provide real-time market data.

The government aims to raise the total value of Egyptian exports to $145 billion, with a goal of increasing the contribution of exports to the GDP to at least 30 percent. Additionally, a "Platform for Economic Entities" currently nearing completion will offer 460 digital services across 41 agencies.

El-Khatib stressed the importance of transitioning Egypt from a consumer to a producer of technology by developing local AI models and applications in health, energy, and logistics. He praised Egypt’s human capital, noting that specialized training for local talent is essential to sustaining this digital transformation.

The seminar, organized by the Cabinet’s Information and Decision Support Center (IDSC), was attended by high-ranking officials, including the UAE’s Head of Cybersecurity, Dr. Hamad Al-Kuwaiti, and representatives from leading technology firms.