<div id="readability-page-1"><div>Cairo, Egypt – HSBC Egypt, in collaboration with the Hong Kong Trade Development Council (HKTDC), hosted the Hong Kong Garment and Textiles Business Mission at HSBC head office in Cairo. The event aimed at connecting Hong Kong businesses to opportunities in Egypt’s growing garment and textiles sector.The event brought together key stakeholders who shared insights into Egypt’s economic environment, legal framework and investment policies, while highlighting potential market opportunities.Discussions focused on Egypt’s strategic location as a HUB for exports, skilled workforce and easy access to key international markets.Todd Wilcox, Deputy Chairman &amp; CEO, HSBC Bank Egypt said, “Egypt is emerging as an important hub for global trade. It offers investors a strategic export base with multiple trade agreements, and access to key markets in the Middle East, Europe, the US and beyond. Egypt’s garment and textiles sector offers strong potential for international investors supported by skilled and cost-effective workforce which could contribute significantly to job creations.”Wilcox added “At HSBC Egypt, we leverage our international reach and local expertise to help global businesses understand the market, gain timely insights and make confident investment decisions.”Ms Iris Wong, Director, Merchandise Trade and Innovation and Director, External Relations, HKTDC said, “Hong Kong and Egypt hold strong potential for collaboration in the garment and textiles sector. Through this mission, the HKTDC acknowledges the support of HSBC Egypt in helping to connect Hong Kong companies with the emerging opportunities in Egypt’s manufacturing landscape. Our goal is to equip businesses with direct market insights and cultivate partnerships that will strengthen the Egypt–Hong Kong business corridor.Ms Katherine Fang, Mission Leader and CEO, Fang Brothers Holdings Limited said, “Egypt offers a compelling platform for export-oriented production and multiple free trade agreements. The country also benefits from a young workforce of 30 million with competitive wage levels and a suite of Free Zone incentives. With a complete vertically integrated apparel supply chain and a strategic geographical location, Egypt is becoming a key hub in Africa and the Middle East.”By connecting global investors with Egypt’s evolving economy, HSBC Egypt continues to support international business growth and position Egypt as a key gateway for global trade.Media enquiries to:For further information, please contact:May Mohsenmaymohsen@hsbc.comAbout HSBC Bank Egypt S.A.E.HSBC Bank Egypt S.A.E. was established in 1982 as Hongkong Egyptian Bank S.A.E. and adopted its present name in April 2001 following an increase in shareholding by the HSBC Group from 40% to 94.5%. HSBC Bank Egypt S.A.E. is one of the largest multinational banks operating in Egypt, providing a comprehensive range of banking and related financial services through a network of more than 50 branches and outlets in prominent cities in EgyptSend us your press releases to pressrelease.zawya@lseg.comDisclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.</div></div>

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HSBC Egypt, in collaboration with the Hong Kong Trade Development Council, hosted the Hong Kong Garment and Textiles Business Mission in Cairo. The event aimed to connect Hong Kong businesses with opportunities in Egypt's garment and textiles sector. Key stakeholders discussed Egypt's strategic location, skilled workforce, and investment potential. HSBC's Deputy Chairman emphasized Egypt's role as a global trade hub, while HKTDC's Director highlighted collaboration opportunities. The mission aims to strengthen the Egypt-Hong Kong business corridor and support international investment in Egypt's evolving economy.

- HSBC Egypt, in collaboration with the Hong Kong Trade Development Council, hosted the Hong Kong Garment and Textiles Business Mission to connect Hong Kong businesses with opportunities in Egypt’s garment sector.  
- Key stakeholders discussed Egypt's strategic advantages, including a skilled workforce and access to international markets, highlighting the country's emerging role as a global trade hub.  
- The event aimed to strengthen the Egypt-Hong Kong business corridor and attract international investors to Egypt's evolving economy.

ZAWYA-PRESSR: HSBC and Hong Kong Trade Development Council to grow garment and textiles trade corridor