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business20h ago
GAFI explores cooperation with Uzbekistan to support tech companies - Dailynewsegypt
- GAFI and IT Park Uzbekistan held talks to explore cooperation on start-up support and mutual investments.
- Uzbek officials highlighted tax exemptions and fast licensing as incentives for foreign tech firms.
- IT Park Uzbekistan pledged support for Egyptian firms seeking regional expansion and investment.
- Egypt’s Hossam Heiba said the visit marks a step toward deepening bilateral economic and trade relations.
- Officials discussed building partnerships between companies in both countries and sharing ecosystem development expertise.
- Uzbek side highlighted IT Park Uzbekistan as a hub for supporting Egyptian regional expansion.
- The Uzbek delegation emphasized ongoing cooperation and bilateral investment as a priority.
- Egyptian delegation praised improvements in Egypt's business environment as a catalyst for collaboration.
- The meeting showcased a shared interest in developing digital economies in both nations.
- Officials agreed to continue discussions to identify concrete cooperation projects.
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