Egypt encourages foreign investment in medicine, energy and construction.

Egyptian Finance Minister Mohamed Maait announced that Egypt wants to increase foreign investment in the most attractive sectors, including energy, petrochemicals, pharmaceuticals, communications, information technology, transportation, communications, and construction, and that the government wants to attract new segments of investors, including the state of India. governmental.

Maait's remarks came after a meeting with Ajit Gupt, the Indian Ambassador to Cairo, and his delegation, during which the Minister of Finance stated that Egypt's national projects will provide promising development opportunities for local and foreign investment, as well as more job opportunities and a boost to the country's economy.

He emphasised that the government is keen to promote an investment-friendly climate and encourages businesses to expand their investment and production operations, resulting in increased exports and improved global competitiveness.

He went on to say that the ministry is eager to conduct initiatives in many domains in collaboration with its Indian counterpart, as well as discuss methods to expand investment opportunities and boost tourism between the two nations. Many Indian corporations, he said, are eager to increase their investment.