Mohamed Ahmed _ Dr. Mohamed Farid, Minister of Investment and Foreign Trade, affirmed that the Ministry is working on developing an integrated system for investor and exporter services, based on rapid response to inquiries and addressing challenges, expanding digital solutions, enhancing efforts to promote Egyptian exports, and opening new markets for national products, thereby supporting investment attractiveness and raising the competitiveness of the Egyptian economy.
During his speech at the "Future of Egyptian Industry and Exports" forum, the Minister explained that the Ministry attaches great importance to developing communication channels with investors, foremost of which is the Investor Care Platform, which aims to monitor challenges facing the business community and work on resolving them swiftly in coordination with relevant entities, alongside the electronic chatbot, which allows investors to get answers to their inquiries and access relevant information and services.
He invited investors to benefit from these digital tools, emphasizing that rapid response and effective problem-solving represent essential elements in improving the investor experience, and that the current investor is the best ambassador for attracting new investments.
Importance of Adopting Stimulative Investment Policies and Expanding the Digitization of Services and Procedures
Mohamed Farid pointed out that the Ministry continues its efforts to improve the investment climate by adopting stimulative investment policies and expanding the digitization of services and procedures, which contributes to accelerating the pace of attracting new investors.
Digital transformation efforts include the capital increase procedures platform, the foreign trade information portal, the foreign trade procedures portal, and the TradeTech Sandbox, in addition to working in cooperation with relevant government entities to launch the economic entities platform to facilitate corporate incorporation procedures, and announcing amendments to corporate incorporation laws during the upcoming period, thereby supporting the flexibility of the business environment and raising the efficiency of services provided to investors.
Regarding export development, the Minister stressed the importance of the "Egypt Sets Off with Exporting" initiative in spreading export culture and expanding the base of exporting companies, emphasizing the necessity of encouraging Egyptian companies to expand into foreign markets, providing necessary information on target markets, and facilitating export-related procedures.
He explained that expanding the use of technology and developing services provided to exporters contribute to enhancing their ability to benefit from available trade opportunities and increasing the penetration of Egyptian products into international markets.
The Minister highlighted the pivotal role of the General Organization for International and Exhibitions Fairs in promoting national products through local and international exhibitions, alongside the efforts of the Commercial Representation Bureau in opening new markets.
Importance of Enhancing Communication with Trading Partners and Providing Information on Export Opportunities
Farid stressed the importance of enhancing communication with trading partners, providing information on export opportunities, as well as the role of the Export Development Fund in supporting the export system.
He emphasized the importance of integrating the efforts of these entities to encourage companies to export, expand the base of exporters, and enhance the competitiveness of Egyptian products in foreign markets, contributing to increasing exports, supporting national production, and achieving economic development targets.
Sherif El-Sayad: We Aim to Diversify Export Markets and Expand in Latin America
For his part, Eng. Sherif El-Sayad, Chairman of the Engineering Export Council, emphasized the importance of continuing efforts aimed at enhancing the competitiveness of the Egyptian product and increasing exports, praising the support provided by the Ministry of Investment and Foreign Trade to the council and companies operating in the sector, and the efforts exerted to open new horizons for Egyptian exports.
El-Sayad explained that the continued growth of engineering exports reflects the resilience of Egyptian companies and their ability to deal with regional and international challenges, despite supply chain disruptions and geopolitical tensions, pointing to the importance of continuing to support local industry and enhancing its ability to compete in foreign markets.
He indicated that the Council's strategy during the upcoming period targets diversifying export markets and not being limited to traditional markets in Europe, the Gulf, and Africa, by expanding into new promising markets, foremost of which are Latin American markets.
He emphasized the importance of activating the "Mercosur" trade agreement and benefiting from the advantages it offers to Egyptian exports, opening additional markets for engineering companies and enhancing the international presence of the Egyptian product.
$4.35 Billion in Engineering Industries Exports During 8 Months of 2026 with 4.1% Growth
Egyptian engineering exports recorded approximately $4.351 billion during the period from January to August 2026, compared to $4.181 billion during the same period in 2025, achieving a growth of 4.1%.
Exports of the sector also rose by 13% during 2025 compared to 2024, while the Engineering Export Council aims to achieve an annual growth in sector exports approaching 15%.
The top 10 export markets account for approximately 56% of total Egyptian engineering exports, led by the Kingdom of Saudi Arabia, followed by Turkey, the United Kingdom, Germany, and France, along with a number of Arab markets.
Exports of the automotive and components sector exceeded the one billion dollar barrier for the first time during 2025, in an indicator of the widening base of exported Egyptian engineering products and their ability to penetrate foreign markets.
