At the Techne Alexandria 2025 Summit, Söderhub and FORAS AI signed a Memorandum of Understanding (MoU) to jointly establish the AI Park, a landmark regional initiative set to launch between 2026 and 2027. The signing ceremony was witnessed by H.E. the Ambassador of Sweden to Egypt.
The AI Park will serve as a regional hub for artificial intelligence research, innovation, and entrepreneurship, combining Swedish technological expertise with Egypt’s sustainable digital vision. The initiative will promote cross-border collaboration between startups, academic institutions, and investors from both countries.
Designed to accelerate smart application development and AI-driven scientific research, the project aims to deliver societal and economic benefits while positioning Egypt and Sweden as co-leaders in the region’s AI innovation ecosystem.
