Arab Finance: Prime Minister Mostafa Madbouly chaired a roundtable discussion with representatives from global energy companies and financial institutions on the second day of the EGYPES 2026, according to a statement.
Madbouly stressed Egypt's ongoing commitment to developing an investment climate that enables partners to achieve profitable returns and ensure the sustainability of their investments.
He also highlighted the importance of providing attractive financial models and renewal of foreign deals, which secure long-term clarity, particularly in high-cost areas such as Southwest Egypt, the Red Sea, and the Western Mediterranean.
The prime minister also affirmed that the state’s economic reform program is going as planned despite geopolitical and regional challenges.
He also touched upon the country's advanced infrastructure and national projects, including gas and electricity transmission and distribution networks, and the gas liquefaction plants in Idku and Damietta.
Moreover, he underlined the government’s efforts to support renewable energy sources, activate the green hydrogen strategy, and expand regional electricity interconnection projects.
For his part, Minister of Petroleum and Mineral Resources Karim Badawi elaborated that this roundtable aims to encourage increasing investment and boosting investor confidence in Egypt’s oil and gas sectors.
Minister of Electricity and Renewable Energy of Egypt Mahmoud Esmat noted that foreign partners contribute to achieving the state's objectives in reaching a 42% renewable energy share in the energy mix by 2028.
In the same vein, Minister of Investment and Foreign Trade Mohamed Farid confirmed that the government takes all necessary measures to facilitate the implementation of new projects in the energy sector.
Farid presented an overview of the economic reform measures taken and their impact on achieving macroeconomic stability and transparency in decision-making, which will benefit investment companies in the future.
Additionally, Minister of Planning and Economic Development Ahmed Rostom said Egypt’s reform policy contributed to sustaining its macroeconomic stability and enhancing exchange rate flexibility. This is expected to bolster investor confidence and strengthen the economy's ability to attract investment.
Representatives of international companies lauded the Egyptian market’s clear vision, which enabled them to develop precise short- and long-term strategic plans.
They urged Egypt to share its successful economic reform experience with international financial institutions, given the need for substantial funding for oil and gas projects.
Moreover, company officials asserted their commitment to increasing investments in Egypt’s oil and gas sectors in the coming period, while stressing the need for further measures to expedite the implementation of strategic projects.
The roundtable focused on three main themes covering all stages of the capital investment cycle.
Addressing the current global financing conditions, the official exchanged views on sovereign risk and the impact of financial credibility on capital allocation decisions.
They also outlined mechanisms for enhancing credibility in the investment environment by focusing on the agreements’ regulatory framework and payments, which reduces implementation risks while simultaneously accelerating the pace of implementation.
Furthermore, they reviewed proposed mechanisms to expedite investment flows, moving projects from the negotiation phase to actual implementation and leveraging various financing options.
Finally, they explored ways to expand risk mitigation mechanisms, primarily blended finance, export credit support, and guarantees, and activating private sector guarantees in exploration, production, refining, and marketing.
