The country attracted $46.1 billion in FDI, a dramatic rise from just $4.2 billion in FY2013/2014, reporting an almost 11-fold increase.
The food industry has investments exceeding 500 billion EGP, with over 7,500 officially operating establishments and more than 7 million job opportunities. Furthermore, the food industry represents approximately 14% of Egypt’s total exports, highlighting its significance in driving growth and international trade.
The agreements include grants and debt swap initiatives to advance sustainable development and support Egypt’s national strategy. A key focus is on the Comprehensive Technical Education Initiative, which aims to reform and enhance the country’s technical education system.
Kouchouk announced that the first phase of tax facilitation measures will be fully implemented by the end of the current fiscal year
These agreements, including a declaration of strategic partnership with Denmark, are expected to open new avenues for collaboration in sectors such as renewable energy, trade, and technology.
