Speaking at the World Economic Forum (WEF) in Davos, El-Sisi said the forum provides a valuable platform for open dialogue and the exchange of perspectives that can help shape practical solutions to global development challenges.
Speaking at the World Economic Forum in Davos, El-Sisi said the forum offers an important platform for dialogue on international challenges and opportunities, stressing that cooperation and collective action are essential to building a more prosperous and equitable future.
The president reaffirmed Egypt’s commitment to strengthening regional and international partnerships, noting that peace, stability, and development are closely interconnected. He emphasized dialogue, respect for international law, and the peaceful resolution of conflicts as key pillars for sustainable growth.
Addressing regional developments, El-Sisi said the Palestinian cause remains central to regional stability. He stressed the importance of consolidating ceasefire efforts in Gaza, ensuring the flow of humanitarian aid, and accelerating early recovery and reconstruction. He also welcomed the United States’ announcement on launching the second phase of the ceasefire agreement, describing it as a critical step toward reducing regional tensions.
On the economic front, El-Sisi said Egypt has continued to implement its economic reform program through integrated fiscal and monetary measures aimed at restoring investor confidence, improving the legislative environment, and creating a more attractive climate for private investment.
He highlighted the government’s efforts to empower the private sector by capping public investment and advancing a gradual state exit from certain economic activities, alongside the implementation of the state ownership policy and the government IPO program.
El-Sisi also noted that investors choosing to work in Egypt do not only benefit from the promising domestic market, but also gain access to a broader horizon through Egypt’s network of free trade agreements. These agreements, whether within the African or Arab frameworks, allow investors to reach large existing markets and significantly expand opportunities for regional and international growth.
The president pointed to infrastructure development as a key enabler of growth, citing extensive investments in transport, logistics, communications, and free zones, particularly the Suez Canal Economic Zone, which he described as a strategic platform for trade and investment.
El-Sisi said Egypt continues to offer investment incentives in priority sectors, including renewable energy, electric vehicles, pharmaceuticals, logistics, and information and communications technology, with a growing focus on artificial intelligence applications.
He concluded by reaffirming Egypt’s commitment to economic reform, regional stability, and constructive international engagement, stressing that the country remains open to partnerships that support sustainable growth and shared prosperity.
