- The meeting was attended by asset managers and representatives of U.S. investment funds, who expressed strong appreciation for the clarity of the government’s vision and recent executive measures.
- Participants praised the transparency in presenting monetary policies, which has strengthened confidence in the future of the Egyptian economy.
Dr. Mohamed Farid Stated that:
- The economic reforms implemented by the State are based on a sustainable institutional approach aimed at enhancing investment stability and supporting the private sector’s role.
- MIFT’s plan is built on three key pillars: accelerating investment procedures, deepening investment, and promoting geographically balanced development across governorates.
- “Misr Life Insurance” is scheduled to be listed on the Egyptian Exchange in Q2 2026.
- We aim to double the number and size of investment funds within two years.
As part of the Ministry of Investment and Foreign Trade’s (MIFT) strategy to expand engagement with the international financial and business community, Dr. Mohamed Farid, Minister of Investment and Foreign Trade (MIFT Minister) held an extensive meeting in Washington with Jefferies Group, attended by leading global investors, asset managers, and representatives of U.S. investment funds.
Jefferies Group is one of the world’s leading investment banks, providing integrated services in financial advisory, asset management, and capital markets across the United States, Europe, and Asia.
MIFT Minister reviewed the key features of Egypt’s economic reform program, emphasizing that it is grounded in a sustainable institutional approach aimed at enhancing investment climate stability and strengthening the private sector as a key driver of growth.
He stressed that improving the business environment remains a top priority, particularly in the post-incorporation phase, through addressing challenges and simplifying legal procedures. He also noted the government’s goal to attract more foreign direct investment during the current fiscal year alongside major deals, while maintaining a flexible exchange rate policy to enhance economic competitiveness and working to transform regional deposits into direct investments to maximize the value of Egyptian assets.
Regarding the IPO program, Dr. Farid announced the timeline for listing Misr Life Insurance on the Egyptian Exchange in Q2 2026 to deepen capital markets and increase Egypt’s weight in global indices such as MSCI and FTSE.
MIFT Minister concluded his remarks by highlighting three key success indicators for the MIFT’s plan, namely Expediting procedures to ensure completion within four business days, activating place-based economic development across all governorates, and doubling the number and size of investment funds operating in Egypt within two years.
The meeting witnessed strong engagement from the attendees, as leading investors and asset managers, praised the government’s candid and objective presentation, commended the executive measures taken to stimulate investment, and highlighted the transparency adopted by the Egyptian state in presenting its economic agenda, affirming that this credibility strengthens global financial institutions’ confidence in the future of the Egyptian economy.
This meeting took place as part of Dr. Mohamed Farid’s participation in the annual meetings of The International Monetary Fund and the World Bank (2026 Spring Meetings) held in Washington, D.C.
