Egypt is steadily advancing toward a more competitive, globally integrated economy through structural reforms and coherent policies that underpin investment and growth.
Dr. Mohamed Farid:
- We are working to strengthen the competitiveness of the Egyptian economy at both regional and international levels.
- Facilitating trade flows and streamlining investment procedures from incorporation to operation is a top government priority.
- Our motto: speed, quality of execution, and rigorous evaluation to deliver tangible results.
- The coherence of fiscal, monetary and structural policies is anchoring Egypt's economic stability in the face of global headwinds.
- Digitization is a cornerstone of government service modernization and the enhancement of the investor experience.
- We are building a more transparent and competitive business environment to strengthen the confidence of domestic and foreign investors.
- There is an ongoing coordination with the Ministries of Industry and Finance to develop priority sectors and align policy actions.
- We are seeking a new regulatory sandbox to drive innovation in foreign trade and boost the competitiveness of the Egyptian exports.
- Electronic interconnection with government entities is helping remove bottlenecks from the investor journey and fast-track procedures.
- Trade and investment policies are geared toward generating genuine added value for our country.
- The Egyptian economy possesses the fundamentals and the reform track record to rank among the world's leading economies.
- Trust, clarity and competitiveness are the essential pillars for attracting investment and driving production, exports and employment.
Dr. Mohamed Farid, Minister of Investment and Foreign Trade (MIFT Minister), declared that Egypt is advancing with steady resolve toward a more competitive economy — one more deeply woven into the fabric of global value chains — through the implementation of structural reforms and consistent policies designed to sustain investment and growth.
Speaking at a dialogue session held as part of the Golden Jubilee celebration of the Egypt–IFC partnership, attended by ministers, senior officials, representatives of international financial institutions, and private sector leaders, MIFT Minister affirmed that the Government is working to achieve full coherence between trade and investment policies — coherence that generates genuine added value for the Egyptian economy, strengthens its capacity to integrate effectively into global value chains, and sharpens its competitive edge at both regional and international levels.
He noted that sectoral priorities are subject to ongoing review and continuous coordination across government bodies — with the Ministries of Industry and Finance at the forefront — to ensure alignment of efforts and to bolster investor confidence.
Dr. Farid affirmed that MIFT places the improvement of the business environment and the upgrade of services for domestic and foreign investors at the very top of its agenda. This is being pursued through a comprehensive framework spanning every stage of the investment lifecycle — from pre-incorporation through incorporation and operations, all the way to post-incorporation support — with the aim of simplifying the “investor journey” and clearing every obstacle from the path of investment flows.
He stressed that the current phase goes beyond policy formulation: it is equally about the speed and quality of implementation and evaluation, with the overarching goal of converting plans into tangible outcomes that build business community confidence in an environment defined by transparency, competitiveness, and a commitment to growth, employment and sustainable development.
Turning to technology, MIFT Minister emphasized that “digitization, digitization, and more digitization” is a foundational pillar of business environment reform, pointing to the ongoing expansion of electronic interconnection projects with government entities — with five bodies set to come online shortly — in a move that will significantly reduce procedural bottlenecks in the post-incorporation phase.
He also unveiled plans to launch a “Regulatory Sandbox” to drive innovation in the foreign trade sector, boosting the competitiveness of the Egyptian exports and widening their access to global markets. The sandbox will be powered by data analytics, trend analysis and forward-looking intelligence — raising the efficiency and transparency of policymaking.
MIFT Minister concluded by underscoring that the stability of Egypt's macroeconomic indicators is a testament to the success of coordinated fiscal, monetary and structural policy. He reaffirmed that the Egyptian economy possesses the resilience, diversity and responsiveness needed to weather global challenges and sustain stability and growth — and that trust, clarity and competitiveness remain the defining targets for the period ahead.
