The milestone reflects a long-standing development relationship that has evolved alongside Egypt’s economic transformation, with IFC support spanning energy, agribusiness, manufacturing, healthcare, tourism, and financial services.
The event held in Egypt featured 16 startups nominated by local incubators and investment funds, which presented competitive pitches evaluated by a panel of judges on market opportunity, technical feasibility, investment viability, and innovation.
On economic reform, El-Sisi highlighted legislative and fiscal measures designed to strengthen the business environment and attract private investment.
Durrani dismissed to et concerns about the market overheating, stressing that foreign direct investment is vital at a time when the Egyptian government is working hard to stabilize the economy, bring inflation under control, and drive long-term growth.
This marks the highest quarterly growth rate in three years and helped raise the annual growth rate for FY 2024/2025 to about 4.4 percent.
Al-Mashat noted that around 1,600 German companies are currently operating in Egypt with investments exceeding €6 billion, primarily in energy, green transformation, and manufacturing.
“Egypt remains a key partner for Germany. We are committed to expanding cooperation in energy, water, and private sector growth.”
Talks also covered expanding cooperation in water security, migration, technical education, and industrial development.
He said that preliminary data for early 2025 suggests the investment climate remains fragile, with record-low project announcements in the first four months of the year.
“Global investment is not just slowing, it’s pulling away from development,” she warned.
“This report is being released at a time of rising uncertainty, even more than when it was drafted,” Al-Mashat said during her speech at the launch of the UNCTAD World Investment Report 2025 in Cairo.
Al-Mashat’s remarks during the global launch of the UNCTAD World Investment Report 2025, held in Cairo.
The report was launched in Cairo in collaboration with the Egyptian government.
The figures were disclosed during the “Development Finance to Foster Private Sector-Led Growth & Jobs” conference held in Cairo, which brought together senior government officials, development banks, international institutions, and representatives from the private sector.
Emad stated that MSMEDA had previously disbursed $50 million from the World Bank as the first phase of the venture capital program.
Ehab added that the sector has created approximately 50,000 direct jobs and 250,000 indirect jobs.
The report unveils key recommendations that will contribute to the growth of the entrepreneurship sector.
“Recent events, such as the Gaza conflict, COVID-19 pandemic, and European crises, have added to the region's challenges, affecting commodity prices, import costs, exports, and supply chains, leading to higher inflation and tighter monetary policies,” Al-Kuwari added
Entlaq Company's CEO, Mohamed Ehab, stated that this program represents an investment opportunity for companies, workers, and investment institutions.
El-Said noted that the national structural reform program has four main pillars, the first one focuses on the real side of the economy which is: manufacturing, agriculture, and information and communications technology (ICT).
