Egypt courts Korean CEOs for investment partnerships

Egyptian President Abdel Fattah El-Sisi has called for deeper economic and investment cooperation with Korean companies during a roundtable meeting in Seoul.

• He invited Korea to establish a fully integrated Korean Industrial Zone in the Suez Canal Economic Zone (SCZONE) and said Egypt wants partnerships in joint manufacturing, technology transfer, and capacity building.
• The meeting brought together 23 leading Korean companies and highlighted opportunities in AI, data centers, renewable energy, smart grids, energy storage, and other sectors; no specific investment amount was announced.