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. The discussions covered a range of priority issues aimed at advancing cooperation between the two countries.
The meeting was attended by senior officials, including Mohamed El-Gouski, CEO of the General Authority for Investment and Free Zones (GAFI); Abdel Aziz El-Sherif; Ghada Nour, Assistant Minister for Investment and Promotion; Amani El-Wesal, Head of the Agreements and Foreign Trade Sector; Abed Mehran, Adviser to the Minister; Ahmed Badawi, Head of the Promotion Sector at GAFI; and Gomaa Madany, Head of the Central Administration for Trade Agreements.
During the meeting, both sides underscored the importance of intensifying joint efforts to achieve industrial integration and to capitalise on Egypt’s position as a strategic gateway to regional and global markets. This advantage is underpinned by Egypt’s network of free trade agreements, which provide preferential access to a wide range of international markets.
Saleh noted that discussions also addressed preparations for the seventh session of the Egyptian-Indian Joint Trade Committee, scheduled to be held in Cairo in the coming period. He highlighted ongoing government efforts to create a more competitive and attractive investment climate based on transparency, clarity, and a supportive institutional and legislative framework, alongside measures to simplify procedures and remove obstacles facing investors.
The minister pointed to Egypt’s key investment advantages, including competitive labour costs, a skilled workforce, and incentives related to land allocation. He reaffirmed the state’s commitment to attracting المزيد of Indian investments and providing the necessary support, particularly as efforts continue to resolve outstanding issues faced by Indian companies operating in Egypt.
Saleh added that Egypt is keen to expand cooperation with India across a range of strategic sectors, including food security, information and communications technology, healthcare and pharmaceuticals, water desalination, renewable energy, textiles, automotive industries and components, and chemicals. These areas, he noted, offer strong potential for integration between the productive capacities of both countries.
In a move reflecting Egypt’s commitment to international partners, the minister proposed organising an expanded meeting with leading Indian companies to showcase investment opportunities, competitive advantages, and available incentives in the Egyptian market, while also addressing challenges facing their operations to ensure sustainable solutions and deeper cooperation.
For his part, Ambassador Reddy reaffirmed India’s commitment to strengthening frameworks for economic cooperation with Egypt, noting that the Indian business community views the Egyptian market as a promising destination across a broad range of sectors. He highlighted growing interest among Indian companies in expanding their presence in Egypt, driven by its strategic location and investment incentives.
Reddy also stressed the importance of intensifying joint efforts to achieve shared economic development goals, benefiting both economies.
Trade exchange between Egypt and India reached approximately $4.203bn in 2025, marking an annual increase of 12%. Indian investments in Egypt span several sectors, including chemicals, infrastructure, tourism and textiles. Egypt is currently seeking to attract further Indian investments in renewable energy, automotive manufacturing and pharmaceuticals, as part of efforts to deepen local production and boost exports.
