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Egyptian-French Business Forum Opens in Paris
The Egyptian Minister of Investment and International Trade, Dr. Mohamed Farid Saleh, inaugurated the Egyptian-French Business Forum 2026 in Paris, with the participation of 200 companies and institutions from both sides. He affirmed that the relationship between Egypt and France is evolving toward a strategic partnership, with a focus on translating political ties into investments and practical projects. The minister reviewed the economic challenges Egypt has recently faced, such as the COVID-19 pandemic, wars, and crises in the region. He indicated that the government has implemented significant investments to improve infrastructure, which contributed to an increase in private sector share in investments and in foreign direct investment inflows, reaching $15.5 billion in 2025, making Egypt the largest recipient of FDI in Africa. He also highlighted the growth of the Egyptian stock market, the 5.1% economic growth rate, and the reduction of the unemployment rate to 5.8%. He called on the French community to invest in Egypt, which has become a major platform for exports and investments, adopting an economic model focused on the private sector. He noted that the trade exchange between the two countries amounted to 3.08 billion euros in 2025, with over 180 French companies operating in Egypt. In conclusion, he emphasized that the forum is an opportunity to strengthen cooperation and turn strengths into joint projects, investments, and new employment opportunities.
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