Trade between Egypt and the United Kingdom reached £2.8 billion in 2025, Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, said, underscoring growing economic ties between the two countries and efforts to promote green investment.
Farid told the Climate Finance Accelerator conference in Cairo that Egyptian exports to the UK accounted for £1.5 billion, while imports from the UK reached £1.3 billion. He added that the UK remains the second-largest foreign investor in Egypt, reflecting deep-rooted historical and economic links.
The Climate Finance Accelerator, a joint initiative of the British Embassy in Cairo and Flat6Labs, brings together international partners, investment experts, and entrepreneurs operating in climate-aligned sectors. The conference aims to promote sustainable financing and facilitate investment in low-carbon projects.
“Climate finance is no longer merely an environmental commitment. It is a highly competitive economic issue as the world rapidly transitions to a green economy,” Farid said. “Egypt is working to enhance the competitiveness of its business environment and make it more attractive for climate-related investments and financing.”
The minister stressed that integrating green investments and climate finance into Egypt’s national economic plan is essential for maximizing the benefits of the global shift to a low-carbon economy. He noted that aligning Egyptian exports with emerging international carbon border adjustment mechanisms is critical to maintaining market share abroad.
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Egypt has committed to increasing the share of renewable energy in its electricity mix by 2030, a goal that Farid said requires coordinated national efforts, including strengthening human capital and regulatory frameworks to support the country’s participation in global carbon markets.
“Developing regulatory and supervisory systems that match the evolving nature of climate finance is key. These systems must accommodate diverse financial instruments, institutional capacities, and robust oversight to ensure that climate commitments translate into tangible economic benefits,” he said.
Farid highlighted the role of the Climate Finance Accelerator in turning climate projects into bankable investment opportunities, calling it a successful model of international cooperation. The initiative provides technical and financial support, including capacity building and alignment with environmental, social, and governance (ESG) standards.
The minister also emphasized ongoing consultations to help Egyptian exporters access international markets and adapt to the rules and standards emerging from the global green transition.
Rachel Kyte and Catherine Carr, leading climate finance experts attending the conference, praised Egypt’s efforts to integrate climate finance into its broader economic and trade strategies.
“Egypt is positioning itself as a hub for green investment in Africa,” Kyte said. “Partnerships with the UK and other international actors are crucial to ensuring that low-carbon initiatives are both sustainable and commercially viable.”
The figures released by Farid reflect growing bilateral trade and investment momentum, with UK companies increasingly engaging in renewable energy, clean technologies, and other green economy sectors in Egypt.
With trade reaching £2.8 billion in 2025 and strategic cooperation expanding, Cairo and London are working to deepen their partnership while supporting a transition toward sustainable economic growth.
