Egypt reviews foreign investment strategy for 2027–2030
Prime Minister Mostafa Madbouly reviewed the main features of a new foreign direct investment strategy. The plan includes targets to raise private-sector investment and FDI flows through 2030.
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Prime Minister Mostafa Madbouly reviewed the main features of a new foreign direct investment strategy. The plan includes targets to raise private-sector investment and FDI flows through 2030.
Prime Minister Mostafa Madbouly discussed seawater desalination projects with ACWA officials. The meeting stated a government target of 10 million cubic metres of desalinated water production per day.
The capital-market regulator's director general said about 187,000 physical securities records have been digitised and daily trading regularly exceeds 50 million birr.
The foreign ministers of Egypt and South Africa signed an agreement establishing a Joint Higher Committee to track bilateral cooperation and advance implementation of agreements. They also discussed regional developments.
President Sisi attended the opening of the African Union’s eighth mid-year coordination meeting. Its agenda included the 2026 Union theme of sustainable water availability and safe sanitation.
The Egyptian Red Crescent said its 289th “Zad Al-Ezza” convoy entered Gaza through the Rafah crossing on October 4, carrying more than 3,185 tonnes of humanitarian aid. The shipment included food parcels, flour, relief supplies, medical equipment and fuel.
Prime Minister Mostafa Madbouly met on October 4 to review agricultural fertilizer supplies and measures to regulate distribution to farmers. The meeting included the finance, agriculture and industry ministers and officials from relevant bodies.
A climate project supported women in advocacy and waste management, while its perception survey interviewed 668 people in households and markets.
Egyptian Drug Authority chair Ali El-Ghamrawy and Chad’s public health minister Abdel Magid Abdel Rahim Mohamed signed an MoU to expand cooperation on pharmaceuticals, biological products and medical supplies. It was signed on October 3 alongside the African summit and forum in New Alamein.
President Sisi opened the inaugural Alamein–Africa Business Forum in New Alamein. The forum aims to strengthen partnerships among African governments, companies and entrepreneurs.
At the Alamein–Africa Forum, Egypt’s investment minister and the Trade and Development Bank Group’s president discussed trade and investment financing. Talks covered Egyptian companies’ expansion into African markets.
President Sisi met Somali President Hassan Sheikh Mohamud and reaffirmed Egypt’s support for Somalia’s sovereignty and territorial integrity. They discussed coordination on developments in the Horn of Africa and Red Sea region.