Egypt Finance Minister: Global investors regain confidence in economy

On Sunday, August 23, 2026, Egypt's Finance Minister Ahmed Kouchouk announced that global investors have regained confidence in the country's economic prospects, with investment risk assessments reaching their lowest point since 2014. Speaking at a meeting with Egyptian diplomats overseas, Kouchouk highlighted the positive developments in the Egyptian economy, noting that the private sector has grown to account for 60% of investments.

The minister emphasized that robust activity in industry, telecommunications, information technology, and tourism has been driving economic growth. Kouchouk outlined the government's efforts to stimulate investment, reduce debt, and expand tax and customs incentives to further bolster the economy. He stressed Egypt's commitment to expanding its industrial base and improving its competitiveness to attract more investment.

Kouchouk affirmed that global investors now have renewed confidence in Egypt's economic trajectory and called for continued efforts to drive investment inflows. The minister also pointed out Egypt's potential to boost services exports and the competitiveness of its young workforce in global markets.