Egypt’s Planning Minister Ahmed Rostom has urged US companies to explore investment opportunities in the country, saying its economy is growing faster than international institutions had forecast, according to a ministry statement.
Rostom was speaking at a discussion held alongside the B20 Summit 2026 in Washington, attended by US business representatives and Egyptian officials, the statement said. It did not provide growth figures or identify the forecasts.
Rostom said Egypt had begun implementing a national economic transformation programme for 2027-2030, aimed at shifting growth towards investment and exports rather than consumption, with the private sector playing a leading role.
The ministry said the government was also preparing initiatives to support startups, including a programme to foster unicorns, companies valued at $1 billion or more, and financing to turn student and graduate research into viable businesses.
The entrepreneurship programme would also help Egyptian startups expand abroad, including into African markets, the statement said.
