Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, has said the government is working to increase investments and exports through gradual economic, structural, and institutional reforms.
Some short-term results are already visible, while efforts continue to ensure sustainability, strengthen investor confidence, and improve the business environment.
Speaking at a ministerial panel during the annual Ramadan iftar hosted by Dcode Economic & Financial Consulting, Minister Farid emphasised that successful policies should not only attract large investments but also create a fair and efficient environment for all investors, particularly small and medium-sized enterprises, which form the largest segment of the business community.
He noted that the government is simplifying investment procedures, advancing digital transformation, and accelerating export subsidy reimbursements to support investors and exporters.
Farid also stressed the need for stronger co-ordination among institutions responsible for investment, trade, and industry to implement consistent policies and speed up decision-making.
“Regular meetings with export councils and chambers of commerce are helping the government address challenges and improve communication with the business community,” he added.
