Egypt is committed to attracting more Singaporean investment by providing a competitive business environment and expanding opportunities for foreign investors, the General Authority for Investment and Free Zones (GAFI) said on Tuesday, July 7, 2026. GAFI Chief Executive Mohamed Awad made the remarks during a meeting with a delegation from Enterprise Singapore to discuss ways to strengthen bilateral investment cooperation, in line with the government's strategy to diversify sources of foreign direct investment.
Awad said Egypt offers promising investment opportunities across a range of priority sectors and that the authority continues to provide incentives and streamlined services while addressing obstacles facing new investments and expansion projects. Rahul Ghosh, Enterprise Singapore's Regional Director for the Middle East and Africa, said Singaporean companies and wealth management funds are showing growing keenness in the Egyptian market, particularly in logistics, renewable energy and information technology.
The two sides agreed to enhance coordination between Egyptian and Singaporean companies to help translate investment interest into concrete projects. The Inauguration of the State Strategic Command Headquarters “The Octagon” in the New Capital President Sisi inaugurates 'Octagon' Strategic Command headquarters in New Capital The Inauguration of the State Strategic Command Headquarters “The Octagon” in the New Capital President Sisi inaugurates 'Octagon' Strategic Command headquarters in New Capital