Monday, 25 May 2026
Pakistan ramps up investments in Egyptian industries
Egypt and Pakistan are set to strengthen their investment and business partnerships, with Pakistani companies expressing keen interest in investing in Egypt’s growing pharmaceutical, ready-made garments, mobile phone, information technology, cookware, electric bicycle, and battery recycling sectors.
The announcement followed a meeting in Cairo between Mr. Hossam Heiba, CEO of Egypt’s General Authority for Investment and Free Zones (GAFI), and His Excellency Aamer Shaukat, the Ambassador of Pakistan to Egypt. The two sides explored avenues to bolster economic cooperation, leveraging the longstanding political and historical bonds between their countries.
Ambassador Shaukat emphasized Pakistan’s eagerness to deepen investment ties, highlighting Egypt’s status as a regional manufacturing hub with valuable access to African and European markets. “There is a growing appetite within the Pakistani business community to invest in Egypt, and our embassy is committed to facilitating this partnership,” he noted.
He revealed that several Pakistani companies are already considering or have started new investments in Egypt in the pharmaceutical industry, fashion, electronics, IT, kitchenware, e-mobility, and battery recycling, underlining the diversity and vibrancy of potential cooperation.
Ambassador Shaukat also praised Egypt’s dynamic IT sector—particularly the high caliber of its programmers and the strength of its fintech ecosystem.
From the Egyptian side, Mr. Heiba highlighted how Egypt has successfully leveraged recent global trade disruptions to attract sustainable foreign investment, thanks to its ‘investment for export’ strategy and preferential trading agreements that offer Egyptian goods access to nearly 3 billion consumers worldwide. He underscored that Pakistani investors stand to gain significantly from Egypt’s membership in the African Continental Free Trade Area (AfCFTA) and its new comprehensive strategic partnership with the European Union.
Notably, investment ties are already growing rapidly: while only 17 Pakistani companies were established in Egypt in the 2023/2024 financial year, this number soared to 46 new companies in 2024/2025, a clear sign of accelerating interest.
Looking to the future, Mr. Heiba proposed expanding promotional visits and business exchanges between Egypt and Pakistan. He also introduced an exciting vision for tripartite cooperation. “There is a tremendous opportunity for a trilateral partnership—Egyptian, Pakistani, and Saudi—to accelerate business collaboration, particularly in artificial intelligence and semiconductors,” he said, suggesting the creation of an online platform to connect entrepreneurs in the three countries.
As Egypt and Pakistan look to build on their historical friendship, both governments—and their dynamic business communities—see a future rich with shared growth, innovation, and opportunity, not just for their people, but for neighboring markets and industries as well.