Cairo: Minister of Investment and Foreign Trade Mohamed Farid affirmed on Tuesday, March 10, 2026, that the government is committed to implementing comprehensive economic, structural, and institutional reforms aimed at boosting investment and exports while strengthening investor confidence.
According to State Information Service Egypt, Farid emphasized that although some results of these reforms may be evident in the short term, the primary focus is on ensuring the sustainability of these reforms and ongoing improvements to Egypt's business and investment climate. The minister shared these insights during a panel discussion at the annual suhoor event organized by DCODE Consulting. The event was attended by notable figures including Finance Minister Ahmed Kouchouk, Planning and Economic Development Minister Ahmed Rostom, and Industry Minister Khaled Hashem, and was moderated by Ali El Sherei, Vice Chairman and Managing Director of DCODE EFC.
Farid underscored that the success of economic policies should not be solely measured by their ability to attract large-scale investments. He stated that these policies must also foster a fair, efficient, and competitive business environment, particularly for small and medium-sized enterprises, which form the largest segment of Egypt's business community.
The minister highlighted ongoing initiatives aimed at improving government services and streamlining investment procedures. These efforts are designed to enable investors to access services more easily and with reduced administrative complexity. Additionally, measures to enhance the investment climate include expedited reimbursement of export subsidies and the continued digital transformation of investor services, aimed at reducing human intervention and accelerating transaction processing.
Farid also stressed the importance of coordination among ministries and entities responsible for investment, trade, and industry. He noted that such integration is crucial for implementing consistent policies, unifying the economic vision, accelerating decision-making, and delivering tangible results for investors.