London: Minister of Foreign Affairs, International Cooperation, and Egyptian Expatriates Badr Abdelatty said labor markets and employment issues represent a top priority in Egypt's economic strategy, particularly in light of the country's large youth population.According to State Information Service Egypt, the remarks came during Abdelatty's participation on Tuesday, May 19, 2026, in a panel discussion titled 'Global Market Resilience' held as part of the International Partnerships Conference in the British capital, London. During the session, the minister outlined Egypt's vision for enhancing the resilience of global labor markets as a key pillar for achieving sustainable development and economic and social stability.He reviewed the package of economic and structural reforms implemented by the Egyptian government, as well as Egypt's economic performance amid current regional and international challenges, noting that these measures contributed to strengthening fiscal and monetary stability, improving the investment climate, and supporting economic empowerment and social protection efforts.Abdelatty stressed that the private sector is the main engine of economic growth in Egypt, noting that the government is implementing a broad set of reforms and measures aimed at improving the business environment, simplifying procedures, and offering various investment incentives in line with the State Ownership Policy Document, which seeks to enhance private sector participation in the national economy.He added that the economic reforms carried out over recent years have strengthened investor confidence in the Egyptian economy and its ability to withstand external shocks, as reflected in growing private sector investments and increasing investor interest in opportunities in the Egyptian market.The foreign minister noted that these efforts contributed to increased private sector investments during the first quarter of the current fiscal year, reflecting a growing shift toward expanding the private sector's role in job creation and the development of advanced-skill employment opportunities.Abdelatty also reviewed the economic repercussions of the military escalation in the region on global labor markets, pointing to the current disruptions and the associated rise in energy, fertilizer, and food prices. He stressed that these challenges are placing mounting pressures on economies worldwide, underscoring the need to strengthen international cooperation to ensure global economic stability and support labor markets' ability to adapt to rapidly changing international conditions.