Investment Ministry reviews business reform progress in 2nd national committee meeting

Updated 6/18/2025 12:07:00 PM
Investment Ministry reviews business reform progress in 2nd national committee meeting

Arab Finance: The Ministry of Investment and Foreign Trade convened the second meeting of the National Committee for the Business Readiness Report, attended by representatives from relevant government entities and Ibrahim Saber, governor of Cairo, as per a statement.

The meeting reviewed the latest findings of the technical secretariat and assessed institutional engagement with the report’s indicators.

Minister of Investment and Foreign Trade Hassan El Khatib stressed the importance of timely and active participation by all sectors through the completion of report questionnaires.

He noted that the required procedural reforms are straightforward and can be implemented immediately, enabling a qualitative improvement in Egypt’s competitiveness.

El-Khatib underscored the need to turn structural challenges into actionable reform opportunities.

He pointed to Egypt’s strengths, including its developed infrastructure, access to renewable energy, skilled labor and engineering base, and a clear strategy for expanding into African markets.

Also, he emphasized that the government is targeting inclusion among the world’s top 50 economies in business readiness and urged relevant institutions to complete the required measures within three months.

Meanwhile, Saber affirmed Cairo Governorate’s full commitment to cooperating with the ministry to overcome any obstacles that could delay the implementation of the planned reforms.

The committee’s meetings are part of a broader state effort to align Egypt’s business environment with international benchmarks.

Through inter-agency coordination, the initiative aims to establish a responsive and effective institutional framework that can support a competitive and investment-friendly climate.

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