Flair Magazine By Menna Saad El Din
At the Narrative Summit 2025, held in Somabay, Sir Mohamed Mansour, Chairman of Mansour Group, delivered an optimistic vision for Egypt’s economic future. He highlighted the country’s burgeoning investment landscape, pinpointing sectors like clean energy, technology, infrastructure, and real estate as ripe with opportunity.
Mansour emphasized Egypt’s unique position in the global innovation sphere, driven by its rich cultural heritage and the ongoing technological revolution. He believes this transformation presents Egyptian youth with unprecedented chances for growth and innovation.
Under the theme “Egypt Reset,” the summit, supported by several Egyptian ministries, drew international leaders and experts. In his speech, “My Drive to Succeed,” Mansour expressed his pride in the resilience of the Egyptian people, citing the upcoming Grand Egyptian Museum opening as a pivotal moment for the nation.
He stressed the crucial role of the private sector in Egypt’s economic development, advocating for purposeful, responsible growth and public-private partnerships. Mansour announced Mansour Group’s plan to invest $150 million in a new Egyptian car and electric vehicle manufacturing plant, aiming to generate 10,000 jobs. He also stressed on the importance of both entrepreneurs and philanthropists’ jobs to pay back our country by investing in it, whether through providing job opportunities or education.
Mansour also spoke about his dedication to giving back to Egypt, highlighting the “Right to Dream” Academy. This initiative aims to nurture young football talent, similar to Mohamed Salah, by combining sports with education. Mohamed Wasfy, CEO of Right to Dream Egypt, explained that the academy, established in 2021, operates across numerous Egyptian governorates, offering young athletes aged 10-18 opportunities to excel in both sports and academics. The academy provides access to international football clubs and top-tier US educational institutions, focusing on development, education, and character-building. Wasfy also detailed that the academy uses a school based education and elite level football training model to provide students with the ability to pursue international sporting careers and academic paths at prestigious institutions.
