GAFI Deputy Head Reveals Swiss Investments in Egypt Total $4.9 Billion

At the recent Egyptian-Swiss Business Forum, officials highlighted the success of Egypt’s recent economic reforms and robust infrastructure development in attracting foreign investment. Yasser Abbas, Deputy Chairperson of GAFI, pointed out that these reforms have propelled Egypt to ninth globally in UNCTAD’s 2024 investment ranking, with a net inflow of $46.1 billion. The reforms have also supported Swiss investment, which now totals about $4.9 billion.

Egyptian officials invited the Swiss delegation to expand their involvement in projects aligned with Egypt Vision 2030—focusing on job creation and technology transfer. The forum confirmed the growing economic relationship: current bilateral trade exceeds $1 billion annually, and over 400 Swiss projects are already operating in Egypt, generating significant revenue and employment, with projections for continued sustainable growth.

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