During his meeting on Monday with the Qatari Businessmen Association, Madbouly highlighted the improvement in Egypt’s economic conditions in recent months, citing the positive outcomes of the government’s economic reform program.
Prime Minister, Mostafa Madbouly, has called on Qatari business leaders and investors to increase their investments in Egypt, expressing his readiness to meet with any investor to discuss proposals and explore investment opportunities across various sectors.
During his meeting on Monday with the Qatari Businessmen Association, Madbouly highlighted the improvement in Egypt’s economic conditions in recent months, citing the positive outcomes of the government’s economic reform program.
He emphasized the ongoing efforts to enhance the investment climate, noting the stability of Egypt’s foreign exchange market and the ease of profit repatriation for foreign companies at present.
The Prime Minister added that, according to government forecasts, the inflation rate is expected to decline to around 8% next year, compared to roughly 12% currently.
He also pointed to the work of the Ministry of Investment and Foreign Trade to improve the business environment and resolve challenges faced by investors, encouraging the injection of new capital into the Egyptian market.
Madbouly further revealed that the coming days will see the announcement of a new investment deal between Egypt and Qatar, in line with the two countries’ commitment to strengthen economic cooperation and implement a series of joint investment projects guided by their shared political vision.
