The EBCC was pleased to partner with the Egyptian Embassy in London for a high-level event welcoming H.E. Dr. Badr Abdelatty, Egyptian Minister of Foreign Affairs, International Cooperation, Emigration and Egyptian Expatriates.

Dr. Badr Abdelatty, Minister of Foreign Affairs, International Cooperation, and Egyptians Abroad, met on Wednesday, 20 May, with chairpersons and chief executives of British companies operating in Egypt, alongside representatives of investment funds and a number of British business leaders, during his visit to London.

During the meeting, Minister Abdelatty expressed Egypt’s pride in its longstanding economic relations with the United Kingdom and the strong presence established by British companies in the Egyptian market over the years. He also conveyed Egypt’s aspiration to further expand economic cooperation and increase the volume of British investments across various sectors.

The Foreign Minister noted that the Egyptian state continues to implement a comprehensive economic vision aimed at strengthening economic stability and promoting sustainable growth, despite the successive geopolitical and economic challenges facing the region and the world. He stressed that the Egyptian economy has demonstrated resilience and adaptability in the face of regional and international crises. In this regard, he reviewed the measures and reforms undertaken by the Egyptian government to improve the investment climate and facilitate the business environment, including the development of monetary and fiscal policies, as well as enhancing the efficiency of the tax and customs systems, thereby supporting trade and investment flows. He also emphasized the state’s commitment to empowering the private sector and increasing its contribution to economic activity as a key partner in the development process.

Minister Abdelatty also highlighted during the meeting the competitive advantages of the Egyptian market, foremost among them its strategic geographic location, modern infrastructure, and the free trade agreements linking Egypt to numerous regional and international markets. He further pointed to the promising investment opportunities offered by the Suez Canal Economic Zone in the fields of industry, logistics, and energy. In addition, he referred to the “Golden License” program launched by the Egyptian government to facilitate procedures for establishing strategic projects, noting that the program has been attracting increasing interest from foreign investors due to the streamlined, expedited, and unified procedures it provides.

The Foreign Minister called on British companies to capitalize on the investment opportunities available in Egypt and expand their existing operations, affirming that investing in the Egyptian market represents a strategic opportunity for companies seeking access to Middle Eastern and African markets.

For their part, representatives of British companies and investment funds expressed their appreciation for the progress witnessed in Egypt’s investment environment, affirming their interest in exploring new opportunities for cooperation and increasing their investments in the Egyptian market during the coming period.