Egypt’s Minister of Investment and Foreign Trade Mohamed Saleh held talks with Suresh K. Reddy, India’s Ambassador to Cairo, to explore ways of strengthening bilateral economic, trade and investment relations. This advantage is underpinned by Egypt’s network of free trade agreements, which provide preferential access to a wide range of international markets. The minister pointed to Egypt’s key investment advantages, including competitive labour costs, a skilled workforce, and incentives related to land allocation. He highlighted growing interest among Indian companies in expanding their presence in Egypt, driven by its strategic location and investment incentives. Trade exchange between Egypt and India reached approximately $4.203bn in 2025, marking an annual increase of 12%.

Source: Daily News Egypt March 30, 2026 19:55 UTC