Cairo – June 30, 2024: Speaking at the Egypt-EU Investment Conference, Prime Minister Mostafa Madbouly underscored Egypt's resilience in the face of international tensions and regional crises.
“Egypt has remained steadfast in implementing our economic reform program amidst formidable challenges,” explained Madbouly on Sunday.
“Despite these challenges, Egypt views them as opportunities for comprehensive economic development and reform,’ Madbouly emphasized, highlighting the country's strategic efforts in strengthening the economy.
The PM pointed to key achievements such as stabilizing the foreign exchange rate, enhancing support for the private sector, and improving the overall investment climate.
These reforms, according to Madbouly, have not only bolstered Egypt's economic foundations but have also positioned the country as an attractive destination for global investors seeking sustainable growth opportunities.
He expressed eagerness to delve deeper into these reforms during the conference's side events, highlighting their pivotal role in Egypt's economic transformation.
Madbouly's remarks set the tone for day two of the conference, which aims to foster dialogue and collaboration between Egypt and European partners on enhancing economic ties and exploring new avenues for investment.
The Prime Minister also joined a panel discussion moderated by Francesco Palmieri, CEO of BCG, where Madbouly and other key stakeholders explored avenues for enhancing economic cooperation between Egypt and Europe.
The dialogue highlighted Egypt's strategic advantages, such as its youthful workforce and strategic location, alongside major infrastructure projects like the New Administrative Capital and developments in the Suez Canal Economic Zone.
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