In an interview with Asharq Bloomberg, Heiba noted that part of this investment came from Saudi Arabia, the UAE, and Qatar.
By: Business Today Staff
Thu, Jul. 31, 2025
Hossam Heiba, CEO of the General Authority for Investment and Free Zones(GAFI), said that Egypt attracted $9 billion in net FDI in the first half of 2025.
In an interview with Asharq Bloomberg, Heiba noted that part of this investment came from Saudi Arabia, the UAE, and Qatar.
He also highlighted increasing interest from Chinese investors, particularly in Egypt’s textile and automotive industries, while Turkish investors have shown strong interest in engineering industries and home appliances.
In 2024, Egypt recorded around $47 billion in FDI — a figure largely driven by the landmark Ras El Hekma agreement with the UAE, which alone accounted for approximately $35 billion. Total FDI in 2023 stood at around $10 billion.
So far, Egypt has granted 50 golden licenses to investors, including 34 industrial projects and 5 projects in the renewable energy sector, according to Heiba.