Egypt recorded a 33.7% year-on-year increase in newly established foreign companies during the first half of 2026, as the government pushes to attract more private investment and improve the business environment.
The number of new foreign companies reached 5,022 between January and June, according to a Cabinet statement. Capital inflows into these companies rose 20.9% to EGP 21.4 billion ($410.5 million).
The figures come as Egypt targets private investment accounting for 64% of total investment by 2030, up from 59% under the 2026/27 development plan. Authorities also aim to raise the investment-to-GDP ratio from around 17% in 2026/27 to 20% by the 2029/30 fiscal year.
The government attributed the increase to measures focused on simplifying procedures, improving the investment climate and making business activity easier. It is also working to improve access to investment information and coordination between public authorities.
The latest data follows a broader improvement in foreign direct investment flows. FDI inflows rose by about one-third during the first nine months of the 2025/26 fiscal year, according to a government review. Egypt’s accession to the World Trade Organization’s Investment Facilitation for Development Agreement is expected to further reduce procedural costs and improve transparency for international investors.
Source: Fast Company Middle East
