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Egypt seeks to boost foreign export markets

Businessmen Team news 14 August 2025 07:02 PM
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Egypt seeks to boost foreign export markets

Dr. Badr Abdelatty, Minister of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs, met on Thursday with Engineer Hassan El Khatib, Minister of Investment and Foreign Trade. They discussed strategies to promote the Egyptian economy and attract foreign investment, particularly from the European Union, the United States, and other international partners.

The ministers highlighted the importance of leveraging Egypt’s political and diplomatic networks to attract quality and sustainable investments. Priority sectors include renewable energy, industry, transport, digital transformation, and advanced technology, aligned with Egypt’s economic development goals and Vision 2030.

They agreed to intensify cooperation between the two ministries for external promotion. This includes coordinating between diplomatic missions and commercial offices, targeting major financial and investment markets, and showcasing Egypt’s success in improving the investment climate and infrastructure.

The discussion also focused on strengthening Egypt’s economic presence in Africa. Egyptian companies will be supported to expand into African markets, leveraging their expertise in infrastructure, agriculture, healthcare, education, and pharmaceuticals. This effort promotes regional economic integration and reinforces Egypt’s presence across the continent.

The meeting is part of Egypt’s ongoing efforts to unify national institutions, activate economic diplomacy, boost growth, attract investment, and consolidate the country’s role as a regional and international economic hub.