Egypt: Opening a new chapter for foreign investors

Egypt’s strategic importance, resilient banking industry and huge population remain strong fundamentals for the country. Although it faces economic volatility, investors say the government is on the right track to unlock Egypt’s immense investment opportunities.

COP27 demonstrated the power of well organised climate-vulnerable nations pursuing collective, purposeful action for climate justice. The Middle East and Africa were core actors at COP27, since they were considered to be the most vulnerable to climate change. CIB is committed to working with stakeholders to achieve decarbonisation and climate goals. By collaborating and providing leadership, the bank aims to support the transition towards a green economy that benefits communities, the environment, and the economy.

Egypt may lack the Gulf region’s capacity for state-directed investment, but its savvy policy choices and private sector dynamism have still made it a regional leader in renewable energy growth.