Cairo: Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty and Minister of Investment and Foreign Trade Mohamed Farid stressed the need to intensify institutional cooperation between their ministries to promote Egypt's economy abroad.According to State Information Service Egypt, this call to action emerged during a meeting held on Sunday, February 22, 2026, at the Foreign Ministry headquarters. The gathering was part of ongoing efforts to strengthen joint coordination aimed at attracting investments and advancing economic development.The ministers emphasized the importance of closer coordination between Egyptian diplomatic missions and commercial representation offices overseas. This strategic alignment is intended to better target promising markets and foreign investments, thereby showcasing Egypt's success in improving the investment climate and upgrading infrastructure.The meeting addressed the need to enhance collaboration in attracting foreign direct inves tment (FDI) and promoting available investment opportunities in priority sectors. These efforts align with Egypt's economic development goals and the Vision 2030 strategy, aimed at fostering long-term economic growth.Discussions also focused on ongoing initiatives to open new external markets to support Egyptian exports and boost trade exchanges with various countries. Such initiatives are expected to contribute to sustainable development goals and strengthen the competitiveness of the national economy.Minister Abdelatty reaffirmed his ministry's commitment to mobilizing Egypt's diplomatic missions abroad in support of investment promotion efforts. He emphasized the importance of creating new avenues for economic cooperation with regional and international partners, highlighting the integrated roles of the two ministries in achieving national economic objectives.Minister Farid underscored that the forthcoming phase necessitates close institutional coordination between the ministries of investment and fo reign affairs. This coordination aims to leverage Egypt's international relations network to attract high-quality and sustainable FDI while opening new markets for Egyptian exports.He further noted that the integration of diplomatic promotion tools with investment and trade policies will enhance Egypt's economic competitiveness. This approach is expected to support development targets and create new job opportunities, reinforcing Egypt's position in the global economy.