Egypt’s Minister of Investment and Foreign Trade Mohamed Farid said Egypt and the United Kingdom are working closely to strengthen their strategic partnership and drive investment in the green economy, reflecting deep-rooted historical and economic ties. Trade between the two countries reached approximately £2.8bn in 2025, including £1.5bn in Egyptian exports and £1.3bn in UK exports. The minister made the remarks during his opening speech at the Climate Finance Accelerator conference, implemented through cooperation between the British Embassy in Cairo and Flat6Labs. The event was attended by Rachel Kyte, Catherine Carr, as well as investment experts, international partners, and founders of start-ups operating in climate-aligned sectors. Farid also highlighted the importance of developing regulatory and supervisory frameworks that align with the evolving nature of climate finance.

Source: Daily News Egypt March 31, 2026 19:49 UTC