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Heiba: Egypt streamlines business climate to boost investment

Businessmen Team economy 29 November 2025 08:16 PM
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Heiba: Egypt streamlines business climate to boost investment

Mr. Hossam Heiba, Chief Executive Officer of the General Authority for Investment and Free Zones, participated in the 2025 Foreign Direct Investment (FDI) Leaders Network Forum in Doha alongside Dr. Ghada Nour, Assistant Minister of Investment and Foreign Trade. The forum was attended by senior chief executives and heads of investment promotion agencies from France, Kazakhstan, Canada, the United Kingdom, Australia, and Qatar, along with international investment promotion experts.

Mr. Heiba highlighted Egypt’s growing position as a stable and attractive hub for FDI in the Middle East and North Africa. He emphasized the government’s commitment to improving the business climate and streamlining procedures to support investment flows. He noted the progress achieved in legislative and procedural reforms and the introduction of wide-ranging incentives, particularly in priority sectors.

Dr. Nour stressed the diversity of growth sectors and the expanding opportunities across emerging industries. She explained that investment in Egypt has moved beyond traditional sectors and is shifting toward future-oriented fields. She added that Egypt is witnessing strong investment momentum in renewable energy, green hydrogen, digital transformation, the knowledge economy, pharmaceuticals, manufacturing, and smart logistics infrastructure. She stated that these developments are creating valuable partnerships for investors.

She affirmed that Egypt’s Vision 2030 aligns fully with global sustainable development goals. She described investment in Egypt as a long-term opportunity that generates financial returns and contributes to building a sustainable future. She emphasized the role of the private sector as a strategic partner in national development and pointed to the rise in private investment from thirty percent to more than sixty percent as clear evidence of the state’s commitment to expanding the role of private enterprise.

The delegation held a meeting on the sidelines of the forum with the head of the Qatar Investment Promotion Agency. The meeting discussed an action plan to activate the memorandum of understanding signed between both sides in February 2024. The discussions covered cooperation, data and expertise exchange, and ways for Qatar to benefit from the experience of the Egyptian Investment Authority. The meeting also addressed mechanisms for sharing promising investment opportunities between both sides and circulating them to interested companies.