FM Abdelatty calls on US companies to boost investments in Egypt

Ahram Online , Thursday 25 Sep 2025

Foreign Minister Badr Abdelatty urged US companies to expand their investments in Egypt during a high-level meeting with leaders of the US Chamber of Commerce on Wednesday, reaffirming Cairo’s keenness on boosting its strategic partnership with the country.

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During the meeting on the sidelines of the UN General Assembly in New York, Abdelatty also urged US companies to localize supply chains and build competitive production platforms in Egypt serving regional markets.

A Foreign Ministry statement said Abdelatty highlighted Cairo’s determination to further strengthen economic, trade, and investment ties, noting that these links are central to the future of bilateral cooperation.

The minister described the Egypt–US Economic Forum, hosted in Cairo in May 2025 and jointly organized by the US Chamber of Commerce and the Egypt–US Business Council, as a turning point in public–private cooperation.

The forum brought together a large American business delegation, marking an important step toward expanding opportunities between the two countries.

President Abdel-Fattah El-Sisi received the US delegation during the forum, using the occasion to call for a deeper American role in Egypt’s industrial development drive.

He proposed the creation of a dedicated US industrial zone within the Suez Canal Economic Zone, positioning it as a hub for regional exports and trade.

El-Sisi pledged that his government would provide the necessary incentives, streamline procedures, and offer a favourable investment climate to make the initiative viable.

Abdelatty expressed Egypt’s eagerness to host the second round of the forum in Cairo during the first quarter of 2026.

Egypt’s top diplomat also outlined the competitive advantages Egypt offers to American investors.

With its strategic geographic position, extensive network of free trade agreements, and role in regional supply chains, Egypt stands as an ideal hub for accessing African, Middle Eastern, and European markets, he said.

Looking ahead, Abdelatty emphasised that the next phase in cooperation could focus on expanding business ties in promising sectors, including manufacturing, logistics, energy, digital infrastructure, pharmaceuticals, healthcare systems, and tourism.

These areas, he noted, hold the potential to attract significant new investments, boost exports, and create much-needed jobs.

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