Talaat Moustafa Group donates EGP 1.53 million to Alexandria University

Alexandria University’s Council has approved a donation of EGP 1.53 million from Talaat Moustafa Group to support the Aquaphoton team.

The donation aims to strengthen the team’s technical and operational capabilities. It will enable the team to represent Egypt in one of the region’s leading specialised competitions in engineering, innovation, and marine technology.

The group said its support reflects its belief in investing in young talent and linking university education with innovation and practical application. The Aquaphoton team is representing the university in the regional competition for unmanned submarines and marine robots.

This latest initiative forms part of Talaat Moustafa Group’s broader corporate social responsibility strategy focused on education and innovation.

Makala yanayohusiana

Talaat Moustafa Group achieved EGP 130 billion in sales in Egypt’s North Coast during 2025, according to a report by The Board Consulting. The company captured 38 percent of regional sales over the past two years.

Imeripotiwa na AI

Egypt-based Al Shroouk Scan and Lab announced plans to secure $20m in new financing to support its expansion strategy across Cairo and other governorates.

Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone, witnessed the signing of contracts for three new projects by Sakr for Electronics and Energy in the Sokhna Industrial Area. The projects involve $18m in investments and are expected to create 500 direct jobs. Operations are set to begin in early 2027.

Imeripotiwa na AI

Egypt has inaugurated the Middle East and North Africa’s largest quick-commerce fulfilment centre, developed by Talabat Egypt in the Yanmu East logistics complex on the Cairo-Suez Road. Minister of Communications and Information Technology Raafat Hindi led the opening ceremony representing the Prime Minister, attended by ministers of finance, investment, and industry. The facility can handle up to one million items per day using advanced AI technologies.

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