What Erdogan's gift to Sisi means 🚗

What else: Strengthening Turkish-Egyptian relations, the country's first-ever startup charter, government bans Roblox over child safety concerns, and much more inside.

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February 01 – 06 | 2026
Image: Spokesman for the Egyptian Presidency / Facebook

Hey friends,

Welcome back to another edition of the Egypt Weekly Roundup.

Can you believe that Ramadan is just ten days away? To get us all into the mood, our wonderful social media team created a neat little video that showcases the spirit, warmth, and nostalgia millions collectively feel during the holy month.

Now let’s jump right into this week’s top stories.

TÜRKIYE | DIPLOMACY | ERDOGAN
ERDOĞAN’S CAIRO VISIT FURTHER SOLIDIFIES REVIVED RELATIONS

Image: Spokesman for the Egyptian Presidency / Facebook

Turkish President Recep Tayyip Erdoğan’s visit to Cairo signaled a further consolidation of recently restored ties between Egypt and Türkiye, underscoring a shift from years of strained relations toward structured, strategic cooperation.

The reset deepens: During the visit, President Abdel Fattah Al-Sisi and Erdoğan co-chaired the second meeting of the High-Level Strategic Cooperation Council and issued a joint declaration outlining expanded coordination across trade, defense, energy, and investment — setting a trade target of USD 15 billion.

Several agreements and memoranda of understanding were signed to institutionalize cooperation across economic and development sectors. Both sides also agreed to coordinate more closely on regional files, including Gaza and broader Middle East stability.

Türkiye’s leader also presented Al-Sisi with Turkish electric vehicle Togg — a symbolic gesture reflecting Ankara’s push for industrial and technological branding alongside diplomatic rapprochement.

Why it matters: After a decade of political tensions, the visit reinforces a recalibrated relationship built on pragmatic economic interests and regional coordination. With trade already nearing multi-billion-dollar levels, both Cairo and Ankara appear committed to turning diplomatic normalisation into sustained strategic partnership.

🌍️ MORE FOREIGN AFFAIRS:

🇸🇩 SUDAN: Egypt and Sudan stood firm against atrocities in the civil war-torn country, calling for the protection of civilians amid ongoing crises – Know more

🇮🇱 ISRAEL: Egypt condemned Israel’s recognition of breakaway region Somaliland, reaffirming its stance for Somalia’s sovereignty – Know more

🇴🇲 OMAN: Egypt’s Foreign Minister praised Oman for hosting upcoming US-Iran de-escalation talks – Know more

🇺🇸 USA: The US Deputy Secretary of State visited Cairo to strengthen the US–Egypt strategic partnership – Know more

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ENTREPRENEURSHIP | STARTUPS | INVESTMENTS
GOVERNMENT LAUNCHES STARTUP CHARTER TARGETING $1BN IN INVESTMENT

Image: Egyptian Cabinet / Facebook

Egypt has launched its first national Startup Charter, a strategic framework designed to mobilize USD 1 billion in investment over the next five years and support the growth of the country’s innovation ecosystem. 

What’s being rolled out: Unveiled by Prime Minister Mostafa Madbouly and several other officials, the charter sets a unified definition for startups, creates certification pathways for incentives, and introduces programs to help businesses scale and attract larger financing. It aims to back up to 5,000 startups and foster both direct and indirect job creation. 

Why it matters: With Egyptian startups already drawing hundreds of millions in funding and rapid growth in venture activity, this charter signals a major push to institutionalize startup support, align policy with global standards, and position Egypt as a leading regional innovation hub.  

🏦 MORE ECONOMY:

💸 INT’L BONDS: Egypt plans to issue USD 2 billion in international bonds by the end of FY2025/2026 – Know more

🏭 INDUSTRIES: Egypt has launched new incentives to support distressed industrial projects, aiming to boost productivity and protect jobs across key sectors – Know more

💰 IFC INVESTMENT: The IFC agreed to invest USD 1.2 billion in Egypt during FY2026, targeting critical development areas and private sector expansion – Know more

📈 FOREIGN RESERVES: Egypt’s foreign reserves rose to a record USD 52 billion in January, strengthening external buffers and economic confidence – Know more

🇹🇷 TURKEY: Egypt-Türkiye trade exchange reached USD 6.8 billion in 2025, highlighting deepening bilateral economic ties – Know more

🇸🇪 SWEDEN: Egypt and Sweden signed a cooperation MoU to enhance medical services and strengthen healthcare ties – Know more

👕 GARMENTS: Egypt’s ready-made garments exports to Europe surged 180 percent over five years – Know more

📉 PMI: Egypt's non-oil private sector output grew for the third consecutive month in January, despite contracting below 50 for the first time in four months – Know more

CHILD SAFETY | ONLINE SPACES
GOVERNMENT BANS ROBLOX BUT LEAVES DOOR OPEN IF SAFETY REGULATIONS ARE ADDED

Image: Market in SAS / Pexels

Egyptian authorities signaled willingness to enter discussions with Roblox after temporarily banning the platform over concerns about children’s online safety and harmful content. The move aims to address gaps in user protection and ensure platforms meet national digital standards.

What’s happening: The ban — initially imposed as a precautionary measure — prompted both regulators and platform representatives to express openness to dialogue. Officials are pushing for clearer safety mechanisms and stronger enforcement where minors are concerned.

Why it matters: With a large youth population engaged in online gaming and social platforms, Egypt’s approach underscores growing scrutiny of digital spaces and children’s exposure to unsafe material. The outcome of talks could set a precedent for future oversight of interactive online services and platforms.

🏠️ MORE SOCIETY:

🧑‍💻 DIGITAL ADDICTION: Egypt launched specialized clinics to treat internet and gaming addiction, focusing on mental health support and rehabilitation for young users – Know more

📡 INTERNET: Egypt’s parliament will meet with the National Telecom Regulatory Authority and Telecom Egypt leadership to discuss address inquiries regarding internet usage and limited data following weeks of online calls for an end to limited internet – Know more

👩‍👧 FAMILY ECONOMICS: Al-Azhar stated that wives should be compensated for their contributions in building family wealth, highlighting debates on economic recognition and gender roles – Know more

🚴‍♂️ DELIVERY RIGHTS: A parliamentarian called for legal and insurance protections for Egypt’s delivery workers, which would help 97 percent of those that work in the field – Know more

🏺 SMUGGLED ARTIFACT: Egypt’s Embassy in the Netherlands received an ancient statue head that had been illegally smuggled out of the country – Know more

🏆 HANDBALL: Egypt won its 10th African handball title after a commanding victory over Tunisia, reinforcing its dominance in the sport – Know more