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Pioneers in establishing companies in Egypt

Egypt is the top investment destination in Africa for the year 2022.

Mohamed Bin Rashid Al Mazrouei: The Egyptian government is introducing everything new and advanced in investment, using the latest methods and strategic plans to advance the Egyptian economy and its development.


The Center for Economic Research and Studies, affiliated with Sahat Al Madin Company, indicated in its latest scientific study that despite the challenges facing the Egyptian state and the global changes, it has managed to take serious steps to attract foreign direct investments, especially green economy projects, considering them a fundamental pillar of sustainable development.


This has been achieved through flexible strategies that leverage available resources and opportunities to create an attractive and stimulating environment for investment, support for the private sector, as well as the facilitation and streamlining of procedures for investors. Egypt has also worked to overcome various obstacles through legislative and institutional reforms, in addition to developing the necessary infrastructure. These efforts have enhanced Egypt's position and its status as an attractive investment destination in both the African and Arab contexts, while also improving the perception of international institutions regarding Egypt's investment efforts.

Mohammed bin Rashid bin Adwan Al Mazbari

The President of the Board of Directors of Sahat Al Mudun Company, Mr. Mohammed bin Rashid bin Adwan Al Mazbari, stated that Egyptian investments reached $11.4 billion in 2022, making it the top destination in Africa and the second in the Arab world. This is a significant increase from the $5.1 billion in investments in 2021, where Egypt was ranked second in Africa and third in the Arab region.


Mr. Al Mazbari mentioned that Egypt ranked first in Africa and second in the Arab world in foreign direct investment inflows from 2016 to 2020. The figures for those years were as follows: $5.9 billion in 2020, $9 billion in 2019, $8.1 billion in 2018, $7.4 billion in 2017, and $8.1 billion in 2016. In 2015, foreign direct investment inflow to Egypt was $6.9 billion, ranking it second in Africa and third in the Arab region, while it amounted to $4.6 billion in 2014, placing Egypt fourth in Africa and third in the Arab world.


Egypt has announced a series of incentives to enhance the environment for foreign direct investment. They plan to introduce tax incentives for projects financed by foreign investments. Mr. Al Mazbari emphasized that the Egyptian government is committed to providing innovative and advanced solutions in the investment industry, aiming to capitalize on all economic conditions to boost the Egyptian economy through cutting-edge strategic and developmental approaches.

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