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بوابة الفجر
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بوابة الفجر

2026-11-09T12:30:46.000Z

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Egypt Boosts Investment

Egypt Boosts Investment

Egyptian Minister of Investment and Foreign Trade Mohamed Farid discussed with Adeeb Yousuf Al-Aama, CEO of the International Islamic Trade Finance Corporation, ways to support exports and startups and expand investment. These included dedicated financing for exporters, developing a fintech and trade technology lab that uses artificial intelligence, and providing funding for startups. The proposals also included expanding export-linked factoring finance, using the Egyptian Sovereign Fund to channel international financing, and establishing 15 to 20 investment zones, each covering between 20 and 80 feddans, through public-private partnerships. The corporation affirmed its readiness to expand cooperation under Egypt’s country program for 2026–2027, including financing export projects, providing training, and opening up new markets.

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