Egypt and the United Kingdom have discussed expanding investment and trade ties, with a focus on clean energy, industry, financial services and technology, Egyptian officials said.
Egypt’s Minister of Investment and Foreign Trade Mohamed Farid met UK Ambassador Mark Bryson-Richardson in Cairo, alongside officials from both sides, to review ways of strengthening bilateral economic cooperation and attracting more British investment.
The discussions also reflected concerns and proposals from the UK business community regarding opportunities in the Egyptian market and the broader investment climate.
Both sides examined prospects for deeper collaboration in priority sectors including industry, renewable and clean energy, financial services, healthcare, education and financial technology (fintech), according to a statement.
They also discussed expanding trade flows, increasing bilateral investment and reinforcing existing partnerships between Egyptian and British firms operating in the market.
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Egypt has been seeking to position itself as a regional investment hub by improving its business environment, expanding infrastructure and promoting green transformation initiatives aimed at reducing carbon emissions.
Farid said the government was continuing reforms to enhance the competitiveness of the Egyptian economy and attract foreign direct investment, particularly in export-oriented industries and emerging sectors linked to digital transformation.
He highlighted ongoing efforts to promote low-carbon economic development and expand cooperation in green finance, including potential collaboration between the UK’s British International Investment (BII) and Egypt’s sovereign investment funds to support exporters in meeting international environmental standards.
Such cooperation, he said, could help Egyptian companies comply with carbon border adjustment mechanisms and maintain access to European markets as global climate regulations tighten.
The minister also outlined plans to develop a TradeTech Sandbox regulatory framework to support start-ups and improve integration between Egyptian exporters and global digital platforms, alongside incentive programmes aimed at boosting exports.
He added that Egypt was working to expand service exports in education, training, healthcare and technology, while also increasing efforts to attract students from across Africa.
Farid further said the government was building a digital system to monitor foreign direct investment flows more accurately, in order to better assess the scale and impact of foreign capital entering the country.
The UK ambassador, Mark Bryson-Richardson, reaffirmed London’s commitment to strengthening economic ties with Cairo, noting growing interest from British companies in sectors such as clean energy, infrastructure, pharmaceuticals, healthcare and digital transformation.
He said UK firms were also increasingly exploring opportunities in green finance and low-carbon transition projects in Egypt.
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Both sides acknowledged that significant opportunities exist to deepen cooperation but stressed the need to address procedural challenges and improve implementation mechanisms to ensure more efficient delivery of joint projects.
They also welcomed ongoing training programmes aimed at developing Egyptian talent in financial services, particularly in the insurance sector, and agreed on the importance of expanding such initiatives to strengthen skills transfer and human capital development.
At the conclusion of the talks, both parties emphasised the importance of continued coordination and consultation to advance shared economic goals, boost investment and trade flows, and support job creation and productive capacity growth in both economies.
