8 promising sectors for investment in Egypt
The Arab Republic of Egypt aims to attract foreign investments in various sectors, but there are eight basic sectors that are a priority for investors in the Emirates, which are the health sector, pharmaceutical manufacturing, real estate development, financial services sector, digital transformation, infrastructure sector, communications, agriculture and manufacturing Nutritional.
Entering the Egyptian market
According to the businesswoman, Reed Al Dhaheri, the most important thing that an investor wishing to enter the Egyptian market must do is to go to the government agencies concerned with the sector in which he wants to invest, as entering through intermediaries or friends is different from standing on the ground and studying the feasibility of projects there.
Real estate sector
It indicated that it invests in Egypt in the real estate sector and the education sector, which are two promising sectors, in addition to many other sectors capable of attracting direct foreign investments, most notably the financial market, as the Egyptian Stock Exchange is considered the cheapest financial market in the world, as a result of the decline in market values and corporate assets, and there are A positive feature of the financial market is the speed of pumping investments to acquire listed companies.
Al Dhaheri added: “Energy-intensive sectors are also capable of attracting new foreign direct investments, in light of the availability of energy locally, in contrast to a severe shortage in European countries, most notably the petrochemical sector, in light of the availability of energy, and the proximity of Egypt’s location to oil production sites from Gulf countries, as well as fertilizer manufacturing activities, food industries, health care and education.”
Investment climate in Egypt
She stated that “there is a significant improvement in the investment climate in Egypt, an amendment to the laws and a much facilitation of the procedures compared to previous years.”
For his part, Chairman of the Board of Directors of the Arabian Gulf Investments and one of the Emirati investors in Egypt, Khalifa Saif Al-Muhairbi, said that relations between Egypt and the Emirates have witnessed great development over the past five decades, thanks to the fraternal relations between the leadership of the two countries, and the keenness to continuously develop and strengthen these relations.
This established a solid foundation of relations of brotherhood, friendship, cooperation and hard work between the two countries.
Economic and investment
He added that relations between the two countries require intensifying economic and investment cooperation in productive projects, as there are many suitable investment opportunities that can be invested in jointly.
The relations between the two countries also represent a distinguished model of bilateral relations between countries, which are relations based on integration and the promotion of common interests.
Al Muhairbi pointed out that there are many investment opportunities between the two countries, in sectors such as the health sector, pharmaceutical manufacturing, real estate development, the financial services sector and digital transformation, the infrastructure sector, communications, agriculture, food manufacturing and others, and these opportunities will constitute an impetus for further cooperation between companies. Emirati and Egyptian.