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Egyptian Prime Minister Mostafa Madbouly took part in the opening of the 19th Arab Steel Summit in Cairo, held on November 3 and 4. The summit brought together around 700 participants representing more than 330 companies and institutions from over 40 countries, including 15 Arab countries. The summit focused on the future of the Arab steel industry and on strengthening its competitiveness and sustainability. Arab countries produced around 45 million tons of steel in 2025. Madbouly affirmed Egypt’s commitment to developing production and technology, with the aim of raising industry’s contribution to GDP to around 20% by 2030, increasing industrial employment to around 7 million jobs, and establishing 10 technical schools in cooperation with the private sector.
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