Egypt attracts foreign investment and green loans to boost exports

Turkey's Jade Textiles plans to expand operations in Egypt, aiming to raise exports to $285 million by 2026. Meanwhile, the European Bank for Reconstruction and Development (EBRD) has provided a 600 million Egyptian pound green loan to Egypt's Valu for energy-efficient products. These moves are part of broader efforts to boost Egypt's exports, which have surpassed $9 billion, and to support economic planning with the World Bank.