The country's position on the Economic Openness Index rose from 56th in June 2025 to 51st in September 2025. The index, published by Fitch, measures a country's openness to foreign investment and international trade, based on indicators such as imports, exports, and foreign direct investment as a percentage of gross domestic product (GDP). A higher score indicates a more open market for private and foreign companies.
Fitch noted that investment will remain a primary driver of
Egypt's growth as exports gradually expand. The agency expects an increase in
foreign investment inflows, citing Egypt's industrial base and diverse range of
commercial products, which ensure significant investment opportunities and help
attract investors.
The report also highlighted Egypt's progress in simplifying procedures
and offering investment incentives, noting the establishment of the Supreme
Council for Investment and the implementation of the Golden License as positive
steps.
The progress, reported today by the Cabinet's Media Center, coincides with the launch of the National Economic Development Narrative. This initiative aims to increase private investment as a percentage of GDP to 11.9% by fiscal year 2029/2030, up from 5% in 2023/2024. It also targets increasing commodity exports to $100 billion by 2029/2030, compared to $32.5 billion in 2023/2024.