Mohamed Farid: The private sector accounts for 65% of Egypt’s total investments; Qatar Diar invited to explore new investment opportunities in the Egyptian market.
Egypt’s Minister of Investment and Foreign Trade, Dr. Mohamed Farid, attended the launch of the investment zone for Qatar’s Alam El Roum project, highlighting the Egyptian government’s commitment to attracting foreign investment, expanding private-sector participation, and strengthening economic partnerships with Arab countries.
The event was attended by Minister of Housing Randa El Menshawy; Counselor Sherif El-Shetaiwy, Head of the Cabinet’s Advisors; Taleb Al Athba, Vice Chairman of Qatar Diar; Sheikh Jassim bin Hamad Al Thani, Qatar’s Ambassador to Egypt; and several senior officials.
Private Sector Accounts for 65% of Total Investments
Dr. Farid stated that the private sector’s share of total investments in Egypt reached approximately 65% in the third quarter of fiscal year 2025/2026, compared with around 40–45% previously.
He also noted that the private sector employs more than 70% of the country’s workforce, underscoring its vital role in driving economic growth, creating jobs, and supporting sustainable development.
Foreign Direct Investment Inflows Reach $18 Billion
The minister revealed that foreign direct investment (FDI) inflows reached approximately $18 billion by the end of fiscal year 2025/2026, reflecting Egypt’s efforts to improve its investment climate and attract international capital.
He emphasized that investment zones play a significant role in attracting new projects, promoting local development, creating employment opportunities, and enhancing the competitiveness of the Egyptian economy.
Digital Transformation and Streamlined Procedures
Dr. Farid stressed the importance of digital transformation and simplifying investment procedures to facilitate business operations and improve the investor experience.
He also highlighted ongoing coordination with the Ministry of Housing and other relevant authorities to expand investment zones and free zones, creating additional opportunities for domestic and international investors.
The minister invited Qatar Diar to explore further investment opportunities in Egypt and benefit from the available investment frameworks, incentives, and facilities.
Egypt Targets Economic Growth of 5.5%–6.5%
Dr. Farid explained that Egypt aims to achieve economic growth ranging between 5.5% and 6.5% in the coming years. Reaching these targets will require an investment rate equivalent to approximately 25% of gross domestic product (GDP).
He emphasized that expanding investment, strengthening private-sector participation, and attracting foreign capital are key priorities in achieving these objectives.
The minister also expressed his appreciation to the Cabinet’s Advisors, the Ministry of Housing and its affiliated entities, the General Authority for Investment and Free Zones (GAFI), and all parties involved in completing the agreement for the Alam El Roum project.
He concluded by stressing the importance of continued institutional coordination to accelerate investment projects and support Egypt’s economic development objectives.
