Over 1,500 German firms operate in Egypt with $4.9bn in investments: Minister - News Summed Up

Over 1,500 German firms operate in Egypt with $4.9bn in investments: Minister


In his address, El-Khatib said the forum comes amid major global shifts, as the world moves towards resilience, geographical proximity, and trusted partnerships, making strategic industrial cooperation more critical than ever. He noted that economic relations between Egypt and Germany are historic and built on trust and real investment, with more than 1,500 German companies currently operating in Egypt and total investments estimated at around $4.9bn. He said Egypt recorded its lowest trade deficit since 2010 at $34.2bn, while total trade reached a record $132bn. Rouenhoff added that German companies are showing growing interest in expanding investments in Egypt, driven by extensive infrastructure development and improvements in the business environment. Rouenhoff said key areas for cooperation include conventional and renewable energy, infrastructure and transport, industry, and technology, supporting the economic interests of both countries and fostering future growth.


Source: Daily News Egypt February 09, 2026 16:21 UTC



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