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Sisi highlights Egypt’s economic resilience and investment potential at Davos

Sisi highlights Egypt’s economic resilience and investment potential at Davos

Egyptian President Abdel Fattah el-Sisi participated today in a special dialogue session at the World Economic Forum’s Annual Meeting in Davos, Switzerland. The session, attended by heads of state and senior international officials—including Libyan Presidential Council President Mohamed al-Menfi and Lebanese Prime Minister Nawaf Salam—focused on business opportunities in Egypt and was held under the President’s patronage.


World Economic Forum President and CEO Børge Brende opened the session by expressing deep appreciation for President el-Sisi’s participation and highlighting the long-standing cooperation between the Egyptian government and the Forum. Brende noted that the dedicated session underscores the Forum’s support for Egypt’s efforts to attract investments, given the Egyptian market’s attractive opportunities across various sectors.


In his keynote address, President el-Sisi thanked Brende for the invitation and emphasized the importance of the Forum as a platform for discussing global challenges and fostering a more prosperous and just future. He outlined the profound transformations facing the world, including technological advancements, digitalization, and artificial intelligence, calling for enhanced international cooperation to seize these opportunities for the benefit of all nations.


The President reaffirmed Egypt’s commitment to building strong regional and international partnerships for mutual benefit and sustainable development, while creating an attractive business environment for the private sector as a key partner in progress.


Amid escalating geopolitical conflicts and violations of international legitimacy, President el-Sisi stressed that lasting peace, stability, and development require adherence to dialogue, mutual respect, peaceful coexistence, and international law—including the UN Charter. He advocated for peaceful dispute resolution, avoidance of escalation, integration among nations, poverty eradication, and empowering the private sector in comprehensive development.


A significant portion of the address focused on the Palestinian issue as the core of regional stability in the Middle East. President el-Sisi expressed appreciation for U.S. President Donald Trump’s efforts to halt the war in Gaza and alleviate the humanitarian suffering of the Palestinian people over more than two years. He highlighted the Sharm El-Sheikh Peace Summit on October 13, 2025—co-chaired by Egypt and the United States—as a culmination of Egyptian coordination to achieve a ceasefire and lay foundations for lasting peace.


The President welcomed the announcement of the second phase of the ceasefire agreement as a pivotal step toward de-escalation and regional stability. He called for building on the Sharm El-Sheikh outcomes by solidifying the truce, ensuring unrestricted humanitarian aid to Gaza, accelerating early recovery, and commencing reconstruction. 


Egypt, he affirmed, remains committed to engaging all parties for a just, comprehensive, and permanent resolution based on the two-state solution, relevant international resolutions, and the establishment of an independent Palestinian state on the 1967 borders with East Jerusalem as its capital.


On the domestic front, President el-Sisi detailed Egypt’s ongoing ambitious economic reform program, which has continued despite regional and global crises. Measures include fiscal and monetary discipline, restoring investor confidence, improving the legislative framework for investment, and offering attractive incentives. Egypt has prioritized expanding the private sector’s role by capping public investments and implementing a state exit strategy from certain assets, allowing greater private participation.


These efforts have yielded noticeable improvements in economic indicators, higher growth rates, increased private investment inflows, praise from international financial institutions like the IMF, and credit rating upgrades by global agencies.


The President reiterated Egypt’s determination to advance reforms, implement the State Ownership Policy document, and execute government asset offerings to boost private sector contributions to growth.


He presented Egypt’s market as rich in investment opportunities in sectors such as renewable energy, electric vehicles, pharmaceuticals, logistics, telecommunications, information technology, and AI applications. He highlighted Egypt’s advanced infrastructure—including roads, communications, transport, logistics, free zones, and particularly the Suez Canal Economic Zone—as a strategic platform for trade and investment. Investors in Egypt also gain access to vast markets through Egypt’s free trade agreements in Africa and the Arab world.


In an interactive dialogue following his speech, President el-Sisi discussed regional geopolitical developments, reiterating Egypt’s vision for addressing Middle East challenges through peaceful solutions and avoiding escalation. He emphasized supporting national states, respecting sovereignty, empowering institutions, and resolving the Palestinian issue as the cornerstone of lasting peace. He urged global leaders to uphold the post-World War II international order while addressing its shortcomings for global stability and sustainable development.


President el-Sisi concluded by welcoming the Forum’s plan to hold a dedicated business session on Egypt later this year under his patronage and expressed eagerness for continued coordination to ensure its success.


The session underscores Egypt’s active role in promoting regional stability, economic growth, and international cooperation amid ongoing global challenges.

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