The business climate is improving, and we invite our local and international partners to expand their investment activities in Egypt.

Our goal is to attract investments across various productive, export-oriented, and technological sectors and position Egypt as a hub for production and exports.

We aim to reduce the debt-to-GDP ratio of budgetary entities to below 80% by June 2026.

We have a clear and more ambitious strategy to improve government debt indicators, based on innovative tools and coordinated efforts across all state institutions.

The private sector has proven its competitiveness and has successfully led economic momentum in Egypt.

A 73% increase in private investments last year reflects the injection of billions of pounds into economic projects.

We have chosen a path of trust and partnership with the tax community and continue to simplify procedures to encourage voluntary compliance.

A 35% increase in tax revenues last year, without imposing new burdens, reflects improved economic activity and strong private sector responsiveness.

We are working to create new fiscal space to strengthen social protection and increase allocations for human development.

Social spending is being increased, with resources directed toward vital sectors such as healthcare and the treatment of critical cases.

Thank you to the private sector—together, we are moving in the right direction to enhance the competitiveness of our economy.

French Ambassador to Cairo:

Tax and customs reforms promote a “trust and partnership” approach with international investors.

The Egyptian economy is moving in a positive direction, with higher growth and declining inflation.

The Egyptian government is actively promoting exports’ access to global markets.

 

 

Ahmed Kouchouk, Minister of Finance, affirmed that Egypt’s economy offers diverse, attractive, and increasingly competitive investment opportunities aimed at boosting manufacturing and exports, noting that the business climate is improving and that Egypt welcomes its local and international partners to expand their investment activities in the country.

 

Speaking during his meeting with members of the French Chamber of Commerce and Industry, Kouchouk said that Egypt is targeting increased investments across productive, export-oriented, and technological sectors, with the objective of positioning the country as a regional hub for production and exports.

 

He added that the government aims to reduce the debt-to-GDP ratio of budgetary entities to below 80% by June 2026, supported by a clear and more ambitious strategy to improve government debt indicators, based on innovative tools and close coordination among all state entities.

 

The Minister noted that the private sector has demonstrated its ability to compete and has played a leading role in driving economic momentum in Egypt, explaining that a 73% increase in private investments last year translates into billions of pounds injected into economic projects.

 

Kouchouk stated: “We have chosen a path of trust and partnership with the tax community, and we will continue simplifying procedures to encourage voluntary compliance.”

 

He added that a 35% increase in tax revenues last year, achieved without imposing new burdens, reflects improved economic activity and strong engagement from the private sector.

 

He emphasized that the government is working to create new fiscal space to support social protection and increase allocations for human development, in addition to boosting social spending and directing resources toward vital sectors such as healthcare and the treatment of critical cases.

 

Concluding his remarks, the Minister said: “Thank you to the private sector—together, we are moving in the right direction to strengthen the competitiveness of our economy.”

 

For his part, Eric Chevalier, French Ambassador to Cairo, stated that tax and customs reforms are reinforcing a path of “trust and partnership” with international investors.

 

He noted that the Egyptian economy is developing positively, with higher growth rates and declining inflation, adding that the Egyptian government is actively supporting exports’ access to global markets.

 

Meanwhile, Emad El-Senbati, Chairman of the French Chamber of Commerce and Industry in Egypt, expressed his appreciation for the Minister of Finance’s commitment to engaging in dialogue with the French business community in Egypt, as part of efforts to build bridges of trust and partnership with both local and foreign investors.

 

He added that the business community looks forward to greater clarity and stability in fiscal and tax policies, continued simplification of administrative procedures, accelerated digital transformation, and the maintenance of regular and institutionalized dialogue channels with the private sector, all of which contribute to improving the investment climate, enhancing competitiveness, and achieving sustainable economic growth.