Farid says Egypt prioritises SME support, digital reform to boost investment - News Summed Up

Farid says Egypt prioritises SME support, digital reform to boost investment


Egypt is implementing integrated structural and institutional reforms to drive investment and export growth, Minister of Investment and Foreign Trade Mohamed Farid said on Tuesday. He added that the ministry is currently simplifying investment procedures and developing government services to allow investors to operate without complications. Regarding the domestic market, Farid noted efforts to develop the entrepreneurship ecosystem, citing effective financing as a primary tool for enabling startups to expand. Addressing global trends, the minister noted that rapid technological and economic shifts are altering the labour market. He said Egypt must prepare for these changes by developing skills and aligning education and training with new market requirements.


Source: Daily News Egypt March 10, 2026 15:45 UTC



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