For the first time in years, private Egyptian investments now account for more than 63% of total national investments.
Minister of Finance, Ahmed Kouchouk, stated that Egypt’s manufacturing, tourism, and information and communications technology (ICT) sectors have driven a 3.5% growth in the first quarter of the current fiscal year, compared to 2.4% in the previous quarter, at the 2025 Davos Forum,
For the first time in years, private Egyptian investments now account for more than 63% of total national investments.
Kouchouk affirmed that the Egyptian economy will witness further improvement with the continuation of economic reforms and the acceleration of structural reforms. These efforts are part of a comprehensive strategy aimed at fostering private sector growth.
He highlighted the significant diversity of the Egyptian economy, emphasizing the government's mission to enhance its competitiveness, particularly in the industrial and export sectors.
Minister Kouchouk added that the government remains committed to fiscal discipline and reducing public debt, especially external debt, while improving its indicators.
He pointed out that the tax incentive package aims to broaden the tax base, improve the business environment for startups, and build trust with taxpayers.
The minister noted that Egypt is prioritizing the shift to renewable energy by expanding green investments and empowering the private sector to lead green economy initiatives. This approach enhances the country’s sustainability, resilience to climate change, and its regional leadership in clean energy.
Furthermore, the minister stated that the government is promoting long-term investments in education and smart infrastructure to build a diversified, knowledge-based economy. He acknowledged that keeping pace with global technological advancements requires upskilling the workforce in artificial intelligence and green technologies.
Kouchouk stressed the importance of regional collaboration and economic cooperation to mitigate the impact of global supply chain disruptions.
He called for deeper regional economic integration by developing intra-regional trade, investing in infrastructure, and exchanging digital technologies.
