Egypt’s FinMin highlights investment opportunities with Schneider Electric at Davos forum

Egypt’s Finance Minister Ahmed Kouchouk underscored his country’s push to attract foreign investment in energy and technology during a meeting with Walid Sheta, Schneider Electric’s President of Middle East and Africa region, at the World Economic Forum in Davos.

According to a ministry statement on Thursday, Kouchouk described Egypt’s economy as large and diversified, with growing capacity to expand sustainable projects. He highlighted promising opportunities in energy technology, manufacturing, and exports, emphasising the role international partners can play in boosting production and supporting economic growth.

“Egypt offers promising opportunities to attract investment in energy and clean technology, with a clear national priority on manufacturing and export-led growth.” Kouchouk said.

“We are looking for a greater role for international partners in Egypt’s economic activity to increase production and exports,”

“We also aim to expand clean energy and smart, resilient infrastructure to achieve inclusive and sustainable development.”

The minister added that stimulating economic activity is a strategic goal of Egypt’s fiscal policy. He pointed to a range of initiatives and incentives — including financial, tax, customs, and real estate measures — designed to encourage investment, production, and exports.

The meeting reflects Egypt’s ongoing effort to position itself as a regional hub for energy and industrial development. By leveraging public-private partnerships and international investment, the government hopes to accelerate sustainable growth and strengthen its role in global energy markets.

Attribution: Amwal Al Ghad English