The General Authority for the Suez Canal Economic Zone, led by Walid Gamal El-Din, is actively promoting Egypt as a hub for the palm oil industry, with a focus on processing and logistics. The country's ports, including Adabiya, play a crucial role in receiving and importing oil, with potential for increased palm oil processing to benefit local and international markets. Egypt's strategy includes being a source of processed oils and renewable energy, backed by favorable tax policies and easy export procedures. The second Malaysian Palm Oil Forum in Egypt 2024 in Cairo highlighted these advantages, aiming to boost Malaysian palm oil exports to North Africa.