Egypt Deepens Ties with EBRD to Boost Productive Sectors, Economic Competitiveness

Egypt is stepping up efforts to strengthen its economic partnership with the European Bank for Reconstruction and Development (EBRD), with a focus on supporting productive sectors and enhancing the country’s global competitiveness, Investment and Foreign Trade Minister Mohamed Farid Saleh said on Wednesday.

The minister met with an EBRD delegation led by Mark Davis to explore ways to deepen strategic cooperation and expand engagement across priority areas aligned with Egypt’s economic development agenda.

Discussions centered on strengthening institutional and technical capacities within investment and trade-related entities, aiming to improve efficiency and upgrade services offered to investors. Both sides also highlighted the importance of knowledge exchange and adopting international best practices.

A key focus of the talks was Egypt’s plan to establish specialized investment funds, in partnership with the country’s sovereign wealth framework, to channel financing into productive sectors, particularly industry, and support expansion while increasing local value-added components. The discussions also explored innovative fund models targeting emerging sectors such as sports-related industries and pharmaceutical research.