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Swedish embassy receives a delegation from RiseUp Summit’s participants - Daily News Egypt

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Swedish embassy receives a delegation from RiseUp Summit’s participants

Egypt, Sweden have a fruitful cooperation in the field of entrepreneurship, says ambassador

The Swedish ambassador to Egypt Jan Thesleff received a delegation from the RiseUp Summit’s participants, the president of the American University in Cairo (AUC), and a number of foreign and local investors on Saturday evening.

Egypt and Sweden have a fruitful cooperation in the fields of entrepreneurship and creativity, Thesleff mentioned, noting that the Egyptian youth are able to successfully form the future of their country.

Egypt and Sweden enjoy standing bilateral relations that go back centuries, mentioned a statement on Sunday from the Swedish embassy, asserting that sectors of development, security, gender equality, transportation, energy, culture, and trade are their main areas of cooperation.

Sweden is fully committed to implementing the 2030 Sustainable Development Goals with the United Nations (UN), the statement added. The Swedish embassy in Egypt is working closely with the Egyptian government, private sector, and 40 Swedish businesses to create new horizons of cooperation.

RiseUp Summit 2019, the leading entrepreneurship event, wrapped up at the American University in Cairo’s (AUC) New Cairo Campus after three days of sessions, talks, pitch competitions, and networking, under the theme “Journey to Growth”. RiseUp Summit 2019 convened from 5-7 December, hosting four main stages: tech, capital, creative, and growth.

The seven tracks that the content focused on are creative culture, creative economies, smart capital, growth hacks, emerging tech, fintech, and tech for humans.

RiseUp Summit 2019 received 10,000 participants and organised 200 workshops to discuss entrepreneurship. The summit will be followed by the regional Pitch by the Pyramids competition, in which 15 startups from MENA will pitch for various prizes.

Most existing Swedish companies in Egypt look positively on the future, and some of the larger companies are currently planning to expand their businesses in Egypt, while others are looking to enter it, the ambassador told DNE in June 2019.

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