The Walt Disney Company denied it has plans to open a theme park in Egypt, a day after an Egyptian minister said talks were underway with the entertainment giant.

"While Egypt is an attractive market, we have no plans for the region at this time," a Disney spokesperson said in an emailed statement to Ahram Online.

Minister of Investment Ashraf Salman said on Tuesday that discussions were ongoing with Disney to build the Middle East's first Disney World park in Egypt.

"It would be similar to Disney France," Salman said, according to state-run news agency MENA.

Salman's comments were made during the launch of a live show featuring a cast of Disney characters in a magic-themed performance at Cairo International Convention Centre.

"At Walt Disney Parks and Resorts, we continually look for ways to grow our business and as part of that process we have conversations with many different entities," the Disney spokesperson said.