Egypt showcases investment opportunities, reform progress at BEBA UK mission

Egypt highlighted this week investment opportunities and progress in economic reforms at the “Egypt Future: Investment Opportunities and Sustainable Economic Reform” conference in London. The event was held as part of the British Egyptian Business Association (BEBA) UK Business Mission from June 3-5.

The event brought together Egyptian and British government officials, investors and financial institutions to discuss opportunities across infrastructure, urban development, industry, technology, the green economy and financial services.

Finance Minister Ahmed Kouchouk presented updates on Egypt’s economic performance and reform programme, saying the country achieved a primary surplus of 3.5 per cent of gross domestic product and reduced the overall fiscal deficit to 5.2 per cent, while continuing efforts to lower external debt and strengthen financial stability.

Kouchouk said the government remains focused on expanding private-sector participation, boosting production and exports, attracting long-term investment and improving the business environment. “Egypt is continuing reforms aimed at building a more competitive economy and enhancing resilience to global economic shocks,” he said at the Citi Emerging Markets Conference.

In addition, Housing Minister Randa El-Menshawy highlighted investment opportunities in infrastructure, real estate, hospitality, education and healthcare, saying Egypt has shifted its focus from building new cities to attracting investment and generating returns.

Investment and Foreign Trade Minister Mohamed Farid, for his part, discussed efforts to attract foreign direct investment, support economic reforms, advance digital transformation and strengthen cooperation with international investors and institutions. He also reviewed plans for the Shabramant waste-to-energy project as part of Egypt’s green investment strategy.

Moreover, Central Bank of Egypt Deputy Governor Rami Aboul Naga highlighted measures to maintain monetary and financial stability, saying exchange-rate flexibility remains important for strengthening the economy’s resilience and attracting investment.

Participants said the conference reflected continued international interest in Egypt’s economic reform programme and investment opportunities. They added that the event also helped strengthen economic and investment ties between Egypt and the United Kingdom.