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Egypt boosts private sector growth, invites global investment

Businessmen Team news 20 January 2026 06:25 PM
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Egypt boosts private sector growth, invites global investment

Finance Minister Ahmed Kouchouk affirmed that Egypt remains committed to stimulating private sector growth and increasing its contribution to the national economy. He explained that the Egyptian and foreign private sectors operating in Egypt responded strongly to the economic reforms, recording a 73 percent growth in investments during the previous fiscal year.

Kouchouk added, during his meeting with Zoran Bogdanovic, CEO of Coca-Cola, on the sidelines of the Davos Economic Forum, in the presence of Hassan El-Khatib, Minister of Investment and Foreign Trade, that Egypt is working to develop its tax and customs policies in response to the business community, aiming to build greater trust, partnership, and support.

He noted that Egypt’s fiscal policies have become more supportive of efforts to transform the country into a regional hub for production and exports.

The minister called on international partners to expand their economic activities in Egypt and take advantage of the unprecedented facilities and incentives.