IIB Group Holdings is a leading financial institution
headquartered in the Kingdom of Bahrain. The group operates in the banking and
infrastructure sectors with a capital exceeding 70 million dollars.
The group has a strong international presence across Europe,
the Middle East, and South Asia. It has active operations in Djibouti,
Mauritius, Portugal, the Bahamas, and Saudi Arabia. Its activities cover
commercial banking, asset management, and project finance.
El Khatib stated that Egypt is witnessing remarkable
progress in its investment environment. He explained that this progress is the
result of implementing a comprehensive economic reform program and restoring
financial and monetary stability over the past two years. He added that the
government is enhancing international confidence through a system of financial,
trade, and digital policies aimed at ensuring clarity of vision and sustainable
growth.
The Minister explained that Egypt has a strong economic base
and advanced infrastructure. He said this qualifies the country to attract
high-quality and long-term investments, particularly in energy, communications,
the digital economy, and financial services. He added that the state continues
to strengthen partnerships with regional and international financial
institutions to support the expansion of high value-added productive and
service sectors.
El Khatib indicated that the government is committed to
empowering the private sector and enhancing its role in driving economic
activity. He explained that this comes through structural and regulatory
reforms designed to simplify procedures and improve the business climate. He
noted that the government focuses on removing obstacles facing local and
foreign investors and creating a more competitive and transparent environment.
The Minister emphasized the importance of regional
partnerships that connect markets. He said Egypt’s strategic position makes it
a main gateway to regional, Arab, and European markets. He added that the
Ministry is working to make the most of Egypt’s network of trade agreements to
facilitate trade flows and improve the efficiency of supply chains.
IIB Group Holdings expressed appreciation for Egypt’s
ongoing economic and structural reforms. The group confirmed that it is closely
following positive developments in the Egyptian investment climate. It
described Egypt as a promising destination thanks to its economic stability,
strategic location, and skilled workforce.
The group also affirmed its desire to expand its investment
presence in the Egyptian market through strategic partnerships in priority
productive and service sectors.
This meeting came as part of El Khatib’s continued
engagements with international financial institutions. These meetings focus on
strengthening investment partnerships and promoting opportunities in the
Egyptian market amid ongoing structural reforms aimed at enhancing
competitiveness and attracting foreign direct investment.