This marks a sharp rise from 32nd place in 2023, when Egypt attracted just $10 billion.
These measures aim to develop the customs clearance system, enhance inspection efficiency, and facilitate trade movement.
This fund bringing the company’s total investment in the country to approximately $2 billion.
The minister emphasized Egypt’s commitment to welcoming Indian investments and providing an attractive business environment. He highlighted the government’s ongoing efforts to improve the business climate and streamline procedures for investors.
The MoU aims to establish a bilateral framework for investment cooperation and export development, facilitating the exchange of technical knowledge, consultation, and expertise.
