Politics
Egyptian PM opens 19th Arab Steel Summit in Cairo, targets 7 million industrial jobs by 2030
November 3, 2026 at 09:01 AM · Updated 14m ago
Coverage
6 reports · over 5 hours
Egypt's Prime Minister opened the 19th Arab Steel Summit in Cairo on November 3, outlining national industry targets through 2030.
- The summit and its international Iron and Steel exhibition convened in Cairo on November 3 with about 700 participants from more than 330 companies across over 40 countries, including 15 Arab states.
- Madbouly announced the government targets raising industrial-sector employment to roughly 7 million workers by 2030 and creating ten technical schools with private-sector partners.
- Madbouly said the government aims to raise the industrial sector's contribution to GDP to about 20 percent by 2030.
- Madbouly noted Arab states produced about 45 million tonnes of steel in 2025.
- Minister of Industry Khaled Hashem joined the summit, urging deeper Arab industrial integration to lift competitiveness ahead of EU carbon border rules.
- Hashem opened the accompanying iron and steel exhibition, emphasizing state commitment to the industry amid trade, energy, and technology shifts.




