Cairo: Egyptian Prime Minister Mostafa Madbouly called on investors and business leaders from Gulf Cooperation Council (GCC) states to increase their investments in Egypt, particularly in priority sectors that support mutual economic interests and strengthen regional integration.
According to Kuwait News Agency, Madbouly made these remarks during the opening of the Egypt-Gulf Trade and Investment Forum, held in Cairo under the theme "A Roadmap to Strengthening Egypt-Gulf Economic Cooperation." He emphasized the central role of the private sector in advancing economic, trade, and investment ties between Egypt and the Gulf, describing it as a key driver of regional development.
Madbouly noted that the forum reflects the strong mutual confidence in the economic performance of both sides and the shared interest in expanding development partnerships. GCC states continue to be among Egypt's most important trade and investment partners, with Cairo aiming to deepen this cooperation so the Gulf remains Egypt's leading economic partner.
He also highlighted Egypt's comprehensive development drive over the past decade, which includes major infrastructure projects, the construction of over 20 new cities such as the New Administrative Capital and New Alamein, as well as wide-ranging upgrades in transport systems, ports, and logistics.
The prime minister added that Egypt has introduced a series of incentives to attract foreign investments, especially from the Gulf, supported by fiscal and monetary reforms.
Egyptian Foreign Minister Badr Abdelatty also addressed the forum, underscoring President Abdelfattah Al-Sisi's commitment to strengthening Egypt-Gulf relations across political, economic, and cultural fields. He remarked that the forum comes at a pivotal moment, reflecting the growing strategic partnership and the momentum of recent high-level meetings.
Abdelatty described the event as a key platform for Egyptian and Gulf business communities to explore promising opportunities in priority sectors such as industry, energy, food security, artificial intelligence, technology, tourism, and urban development. He also highlighted Egypt's strong human capital and over USD 600 billion invested in infrastructure projects during the past decade.