Egypt Unlocks Semiconductor Export Incentives

Egypt has paved a deeper path to its digital transformation with the signing of an agreement between the Information Technology Industry Development Agency (ITIDA) and the Export Development Fund (EDF).

This introduces electronics design, semiconductor, embedded systems, and mobile-related services into Egypt’s Export Development Programme for a period of seven years starting FY 2025/2026. Companies that qualify can now earn rewards for exporting more and creating jobs. The more they grow their exports and hire, the more support they get. This helps them compete abroad and expand into new markets faster.

Eng. Raafat Hindy, Minister of Communications and Information Technology, and Dr Mohamed Farid, Minister of Investment and Foreign Trade marked this strategic step to scale Egypt’s high-value technology exports and attract global investment.

Eng. Hindy stated that integrating electronics and semiconductor design services into the Export Rebate Programme represents a major step toward advancing high-tech industries and increasing Egypt’s competitiveness in global value chains. He added that “ongoing coordination with the Ministry of Investment aims to build a fully integrated digital investment ecosystem, accelerate service digitalisation, and enhance connectivity across government entities, ultimately improving the investor experience and reducing time-to-market.”

Hindy further highlighted Egypt’s growing attractiveness as a global hub for electronics and automotive software design, supported by a strong base of highly skilled engineers. He emphasised that the step “aligns with the presidential “Egypt Makes Electronics” initiative, which aims to deepen local manufacturing, expand high value-added activities, attract global R&D and design centers, and create high-quality employment opportunities.”

Meanwhile, Dr Farid noted that the inclusion of high-tech services in the Export Development Programme reflects Egypt’s strategic direction to support knowledge-based exports and diversify its export base. “Newly introduced incentives are directly linked to measurable export performance. This ensures efficiency and sustainability, while ongoing reforms aim to enhance regulatory agility and attract investments in advanced sectors such as artificial intelligence, cloud computing, semiconductors, and data centres.”