Badr Abdelaaty, Minister of Foreign Affairs, met on Sunday with Mohamed Farid, Minister of Investment and Foreign Trade, to discuss enhancing joint efforts to attract foreign investment and support Egypt’s economic development. Both leaders highlighted the importance of institutional collaboration to promote Egypt’s economy on the global stage, emphasizing the role of Egyptian diplomatic missions and commercial representation offices in attracting foreign investment. Minister Abdelaaty reiterated the Foreign Ministry’s commitment to mobilizing Egypt’s diplomatic network to advance investment initiatives and forge new economic partnerships globally. Minister Farid, on his part, stressed the need for closer coordination between the Ministries of Investment and Foreign Affairs in the coming phase. By integrating diplomatic efforts with investment and trade policies, Egypt can enhance its economic competitiveness, meet development targets, and create job opportunities.

Source: Daily News Egypt February 22, 2026 16:59 UTC