Egypt aims to attract between $ 12 billion and $ 15 billion in foreign investments by the end of 2025, according to a statement by Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI) in an interview with Alarabiya Business.

Heiba added that Egypt’s foreign direct investment (FDI) saw a remarkable surge in 2024, reaching $ 46.6 billion.

He revealed that FDI growth has continued into the first quarter of 2025, recording a 15% increase to $ 2.7 billion compared to the previous year.

Heiba also highlighted plans to unify the licensing platform to streamline the investment process and accelerate the country’s digital transformation efforts, which are set to be completed by the end of this year.

Additionally, the government is exploring the possibility of replacing investor fees with a tax-based system, a move aimed at further incentivizing investment and reducing bureaucratic hurdles for businesses.