Egypt’s investment flows are proof of ‘biggest proof of stability, resilience’ – BEBA chair
Khaled Nosseir opens second day of UK business mission, highlighting investment potential across technology and infrastructure sectors.
Egypt’s investment inflows are the clearest evidence of its economic stability and resilience, British Egyptian Business Association (BEBA) Chairman Khaled Nosseir said on Thursday, as he highlighted the country’s digital transformation and urban development plans.
Speaking in London at the opening of the second day of BEBA’s business mission, Nosseir said discussions would focus on digital infrastructure, innovation, smart cities, and urban development.
He said Egypt’s economic performance and ongoing projects were reflected in investor activity.
“… the biggest proof of the stability and resilience in Egypt is basically the amount of investments that are going on in Egypt,” he said.
Nosseir welcomed a high-level Egyptian delegation attending the event, including Finance Minister Ahmed Kouchouk, Investment and Foreign Trade Minister Mohamed Farid, Housing Minister Randa El-Menshawy, and Central Bank Deputy Governor Rami Aboul Naga.
He noted that some participants were affected by disruption from a London Underground strike.
A session titled “Digital Egypt: Infrastructure, Innovation & Investment Opportunities” discussed Egypt’s digital transformation and related investment opportunities in technology and infrastructure.
Another session, “Building Egypt’s Future Cities,” focused on urban development plans and new city projects aimed at supporting population growth and improving services.
The BEBA mission, held under the theme “Egypt Forward: Investment, Infrastructure, and Integrated Communities,” brings together government officials and business leaders to discuss economic cooperation and investment prospects.