We will be more open with the business community to provide more economic opportunities for the private sector.

• We are working to stimulate production and export, and we have economic opportunities that stimulate investment in Egypt.
• Singapore is the fourth largest Asian investor in Egypt. We look forward to attracting more companies to drive economic activity.
• Deepening cooperation between the private sector in Egypt and Singapore enhances the economic capabilities of the two countries.
• The "Golden License" coronates the state's efforts in the field of simplifying procedures that stimulate investment.
• Seaports and renewable energy can be a promising area for economic cooperation with Singapore.
• We look forward to a high-level dialogue between the Ministries of Finance in both countries on issues of common interest.
• Exchanging experiences with "Singapore" in human investment and developing capabilities and skills.

 

Ahmed Kouchouk, Minister of Finance, assured that we are keen on developing the Egyptian business environment to become more attractive to investors in various economic sectors, noting that we will be more open to the business community in the coming period, to provide more economic opportunities for the private sector, and we will work to stimulate production and export, to achieve the optimal exploitation of the economic opportunities we have that stimulate investment in Egypt, taking into account the "golden license" that coronates the state's efforts in the field of simplifying procedures that stimulate investment.

 

The minister added, in his meeting with Chee Hong Tat, the Second Minister of Finance of Singapore, on the sidelines of the G20 meetings in Brazil, that Singapore is the fourth largest Asian investor in Egypt, and we look forward to attracting more companies to drive economic activity, explaining that deepening cooperation between the private sector in Egypt and Singapore enhances the economic capabilities of the two countries, and that seaports and renewable energy can be a promising area for economic cooperation with Singapore.

 

The Minister pointed out that we look forward to a high-level dialogue between the two countries' Ministries of Finance on issues of common interest, in a way that contributes to the exchange of expertise with Singapore in human investment and the development of capabilities and skills in the fields of digital transformation, financial technology, improving tax administration, financial analysis and overall financial policies.