Egypt is preparing to launch a unified digital business platform as part of a new phase of institutional development aimed at fully digitising government and investment services, according to Minister of Investment and Foreign Trade Hassan El-Khatib. The platform will integrate company incorporation, licensing, payments, and financial and customs obligations into a single system, significantly reducing procedures and processing times while improving transparency and investor confidence.
Speaking at a forum organised by Lynx Consulting, El-Khatib said the initiative is designed to strengthen trust between the State and investors and improve the overall investment climate. He highlighted that Egypt has made strong progress in economic stabilisation, with inflation declining to around 11.6 percent by June 2025, foreign currency reserves rising to $50 billion, and net foreign assets shifting to a surplus exceeding $10 billion.
On fiscal reforms, El-Khatib said improved tax collection efficiency and an expanded tax base led to a 35 percent increase in tax revenues without imposing new burdens on investors. He also noted that customs reforms have reduced clearance times and costs by 65 percent so far, with plans to reach a 90 percent reduction, bringing average clearance times down to two days. The removal of several non-tariff barriers has saved the economy more than $1.5 billion this year.
The Minister underlined Egypt’s competitive advantages, including low production costs, a skilled workforce, strong infrastructure, and strategic location. He added that trade policy reforms and greater openness to global markets are central to boosting exports and long-term growth.
Assistant Minister Mohamed El-Gouski outlined efforts to deepen trade integration with Africa through frameworks such as AfCFTA and COMESA, alongside investments in logistics, banking presence, export incentives, and institutional coordination to support Egyptian companies expanding across African markets.
