News Share Article On News Image 08 Jul 2026 GAFI and Enterprise Singapore Explore Ways to Strengthen Bilateral Investment Cooperation Dr. Mohamed Awad: We are committed to providing a competitive investment environment that fosters increased foreign investment inflows into the Egyptian market.
Page Content Dr. Mohamed Awad: We are committed to providing a competitive investment environment that fosters increased foreign investment inflows into the Egyptian market. Egypt offers strong competitive advantages and promising investment opportunities across a wide range of priority sectors.
Enterprise Singapore: Singaporean investors with long-term investment strategies prefer stable markets such as Egypt. There is growing interest in investing in the logistics, renewable energy, and information technology sectors. In line with the directives of H.E.
Dr. Mohamed Farid, the Minister of Investment and Foreign Trade (MIFT Minister), to diversify the country's sources of foreign direct investment and strengthen investment partnerships with promising markets, Dr. Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI CEO), met with a delegation from Enterprise Singapore to discuss avenues for enhancing bilateral investment cooperation, promoting investment opportunities, and fostering partnerships between the Egyptian and Singaporean business communities.
The meeting was held as part of MIFT's and GAFI's ongoing efforts to open new investment markets and attract high-quality investments that contribute to technology transfer, industrial localization, export growth, and job creation. Enterprise Singapore is the Singaporean government agency responsible for supporting the growth of Singaporean enterprises, enhancing their global competitiveness, and reinforcing Singapore's position as a global hub for trade and investment.
Dr. Mohamed Awad reaffirmed GAFI's commitment to providing an attractive and competitive investment environment that attracts more Singaporean investments and strengthens the economic partnership between the two countries, particularly in priority sectors. He further noted that GAFI offers a comprehensive package of investor services and facilitation measures and works proactively to address challenges facing both new investments and existing expansions, thereby enhancing the competitiveness of Egypt's investment climate.
Moreover, GAFI CEO highlighted the key competitive advantages of the Egyptian economy and the promising