Egypt discusses new reforms and financing tools to strengthen startups and entrepreneurship growth.
GAFI reviews digital transformation projects aimed at improving investor services and Egypt’s business climate.
Speaking at the third edition of The Investor – Real Estate Conference on Tuesday, Heiba confirmed that Egypt had finalized one of its largest-ever foreign investment deals through the Ras El Hekma development, valued at more than $35.7 billion.
Speaking at the Egypt–Bahrain Business Forum, Heiba highlighted Egypt’s many competitive advantages for investors, including a workforce of more than 32 million people, a highly diversified economy, a strategic geographic location, competitive tax rates, robust infrastructure, and trade agreements with nearly 70 countries, giving Egyptian goods and services access to around 3 billion consumers worldwide.
The move aims to meet the growing demand for industrial investment and strengthen the ability of Egyptian exports to access global markets.