Madbouly invites Finnish firms to invest in Egypt at Cairo business forum

Ahram Online , Tuesday 21 Apr 2026

Prime Minister Mostafa Madbouly has called on Finnish companies to invest in Egypt, highlighting the country’s position as a strategic gateway to the Middle East and Africa.

Prime Minister Mostafa Madbouly
Prime Minister Mostafa Madbouly speaking during his speech in the Egyptian-Finnish Business Forum held in Cairo. Photo courtesy of Egyptian cabinet.

 

Madbouly made his call during the Egyptian-Finnish Business Forum held in Cairo on Tuesday.

The forum was attended by Finnish President Alexander Stubb, who is currently on an official visit to Egypt, alongside ministers, senior officials, and business leaders from both countries.

Addressing the gathering, Madbouly stressed that the forum reflects not only bilateral engagement but also the growing economic integration and longstanding friendship between Egypt and Finland.

He noted that both countries share a vision rooted in innovation, sustainability, and mutual growth, according to a cabinet statement.

Highlighting points of strength, Madbouly said Finland is a global leader in digital transformation, education, and green technology, while Egypt serves as a regional hub supported by large-scale infrastructure expansion and economic reforms aimed at improving the investment climate.

Additionally, the prime minister outlined key reforms undertaken in recent years, including legislative updates to protect investments, streamlined business procedures, and the development of advanced infrastructure.

He pointed in particular to the Suez Canal Economic Zone as a key platform offering incentives for Finnish companies seeking access to global markets, the statement added.

Madbouly also invited Finnish partners to explore priority sectors promising opportunities in digital transformation and ICT, clean energy, water management, and manufacturing.

He also highlighted prospects in green hydrogen, desalination, and waste-to-energy projects, as well as collaboration in education and healthcare by leveraging Finland’s expertise.

He further noted the potential for joint industrial projects that could benefit from Egypt’s skilled workforce and trade agreements, including access to the African market of 1.3 billion consumers.

Madbouly reaffirmed the government’s commitment to acting as a partner to investors, not merely a regulator, emphasizing its readiness to address challenges and ensure the sustainability of investments.

He additionally described President Stubb’s visit as an important milestone in bilateral relations, expressing hope that the forum would pave the way for new partnerships and deeper cooperation between the two countries.

Bilateral trade between Egypt and Finland stood at $556.1 million in 2025, down from $614.8 million in 2024, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

Egyptian exports to Finland rose to $42.3 million in 2025, while imports declined to $513.8 million, CAPMAS reported on Tuesday.

 

Short link: