Cairo: Prime Minister Moustafa Madbouli underscored the government's dedication to implementing economic and structural reforms across multiple sectors. "These reforms are aimed at creating a favourable environment to attract both local and foreign investments by encouraging investors to pump more investments either in new projects or in expanding and increasing investments in existing ones," he stated.

According to State Information Service Egypt, Madbouli emphasized the state's focus on supporting and enhancing the private sector's role by increasing its participation in developmental and economic activities. His remarks were made during a meeting held at the government's headquarters in the New Administrative Capital via video conference to discuss strategies for attracting more foreign investments to key sectors.

Madbouli stressed the importance of engaging with leaders and officials from friendly and sisterly countries to outline Egypt's investment efforts and the steps taken to foster a conducive investment climate. He highlighted that such interactions are critical for showcasing Egypt's capabilities and the promising investment opportunities available in sectors such as new and renewable energy, petroleum, industry, tourism, and information and communication technology.

Spokesman for the Cabinet Mohamed El-Homsani noted that the meeting covered several promising investment opportunities in various domains and examined marketing and promotional efforts aimed at attracting more local and foreign investments.