Business

Dr. Bahaa Salem Highlights Egypt’s Strategic Hub Role and Al Salam Holding’s Expansion Plans at GEF 2026

Speaking at the Global Entrepreneurship Forum (GEF 2026) in Cairo under the auspices of Prime Minister Dr. Mostafa Madbouly, Dr. Bahaa Salem, Group President of Al Salam Holding, emphasized that Egypt possesses a strategic position capable of connecting Africa, the Middle East, and global markets.

Salem highlighted Africa as a powerhouse of resources and talent for the current generation, stressing that future economic growth relies on robust cross-border partnerships, technology transfer, and mutual cooperation.

Detailing the Group’s strong footprint, Salem announced that Al Salam Holding’s total investments in Egypt surpassed EGP 15 billion this year, with strategic targets to escalate investments by 234% to reach EGP 50 billion over the next five years.

He underscored that true investment transcends financial capital, focusing instead on empowering people, creating sustainable jobs, and fostering local talent, famously urging business leaders to “build people capable of creating wealth”.

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