El-Khatib highlighted that Egypt’s foreign direct investment reached its highest value during FY2023/2024, totaling $46.1 billion, with a focus on non-oil sectors.
The initiative aims to promote green transformation in Egypt and is aligned with development efforts in Egypt.
The meeting focused on exploring collaborative projects between both parties, strategies to boost economic ties, and bolstering intra-trade and joint investments between Egypt and EU nations in the upcoming period.
The agreement is designed to accomplish two primary objectives: enhancing the capability and effectiveness of the Egyptian system focused on enterprise growth and trade
Furthermore, the source underscored Egypt’s goal of escalating exports to EU countries by 10% before the close of 2024, aiming to reach €12.5 billion, up from €11.5 billion.
