FDI
Egypt ranks 3rd in MENA in investment openness, holds 3rd largest FDI.
The ministers ]reviewed efforts to open new external markets to support Egyptian exports and expand trade exchange with partner countries, contributing to sustainable development objectives and strengthening the competitiveness of the national economy.
Speaking to a delegation from Moody’s Investors Service, El-Khatib emphasized that FDI is a cornerstone of Egypt’s economic growth strategy and highlighted the government’s plans to further expand investment opportunities.
The figures were released in the 2025 COMESA Investment Report, unveiled during the Ministerial Council meeting held in Zambia.
The report was launched in Cairo in collaboration with the Egyptian government.
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, emphasized the country’s strategic vision to leverage private sector leadership and continental cooperation to boost sustainable growth.
"This is an achievable dream," Madbouly remarked during a press conference on Wednesday.
Ehab added that the sector has created approximately 50,000 direct jobs and 250,000 indirect jobs.
In 2023, bilateral trade between Egypt and EU countries tallied at €32.6 billion, the source highlighted.
The FDI in Egypt accounted for 18.6% of Africa’s total investments, reaching $52.6 billion.
The company has founded a complex consisting of four factories worth $12 million.
She noted that in spite of the anticipated economic growth deceleration in 2024 due to Middle East conflicts, the rate is projected to surpass regional average.
Through analyzing the evolution of net foreign direct investments over the past nine years, excluding the COVID-19 period, foreign direct investments entering non-petroleum sectors reached a net flow of $11 billion.
GAFI’s president stressed that the authority is keen to cooperate with HSBC to attract, introduce, and connect more international investors to the growing business opportunities in Egypt
The CBE detailed that net foreign direct investment from July 2022 to March 2023 amounted to approximately $7.945 billion, compared to about $7.348.5 billion in the corresponding period of the previous year, indicating an increase of $596.9 million.
Egypt has solidified its position as an attractive investment destination in Africa and the Arab world.
Egypt is the first investment destination for Arab sovereign funds, led by Saudi investments and Emirati investments, within the Gulf investments in Egypt in general.
It is not an easy quest in some sectors.
The minister, meanwhile, stressed that the Egyptian economy has shown strong performance, resilience and ability to absorb shocks.
