Pakistani Ambassador to Cairo: We aim to deepen investment partnerships between business communities in both countries.

GAFI CEO: Egypt has leveraged temporary global trade tensions to attract sustainable investments.

GAFI CEO: Tremendous opportunities for a trilateral partnership between entrepreneurs in Egypt, Pakistan, and Saudi Arabia—our role is to create a platform for startups across the three countries.

Mr. Hossam Heiba, CEO of Egypt's General Authority for Investment and Free Zones (GAFI), met with H.E. Mr. Aamer Shaukat, Ambassador of Pakistan to Cairo, to explore avenues for enhancing investment cooperation between the two countries.

Ambassador Shaukat emphasized the importance of capitalizing on the strong political and historical ties between Egypt and Pakistan to foster deeper investment collaboration. He pointed to a growing interest among the Pakistani business community to invest in Egypt, highlighting Egypt's strategic position as a regional manufacturing hub with access to African and European markets. Accordingly, the Embassy of Pakistan in Cairo is working to deepen investment partnerships between the business communities of both countries.

The Ambassador announced that a number of Pakistani companies are either considering or have already made new investments in the Egyptian market in sectors such as pharmaceuticals, ready-made garments, mobile phones, information technology, cookware, electric bikes, and electric battery recycling.

Moreover, the Pakistani Ambassador praised the strength of Egypt's IT sector—particularly the high caliber of Egyptian programmers and the country's advancements in financial technology.
Mr. Hossam Heiba stated that Egypt has successfully capitalized on recent temporary global trade tensions to attract sustainable investments. This has been made possible through the implementation of its “Investment for Export" strategy, alongside a network of preferential trade agreements that provide competitive and streamlined access to nearly 3 billion consumers worldwide. He emphasized that Pakistani investments in Egypt stand to benefit significantly from the African Continental Free Trade Area (AfCFTA), which connects Egypt to the world's fastest-growing continent. Mr. Heiba also noted that Egypt's relationship with the European Union markets has recently been elevated to the level of a comprehensive strategic partnership.
Furthermore, Mr. Hossam Heiba agreed on the necessity of expanding efforts to attract Pakistani investments and increasing mutual promotional visits in the upcoming period, especially given the growing Pakistani demand for investing in Egypt. A total of 46 Pakistani companies were established in Egypt during the fiscal year 2024/2025, compared to only 17 companies in 2023/2024, reflecting rapid growth—despite the fact that the potential for investment cooperation between the two countries is far greater than these current levels.

Mr. Heiba also highlighted a compelling opportunity to develop a trilateral investment partnership between Egypt, Pakistan, and Saudi Arabia, to accelerate the formation of investment partnerships among entrepreneurs in these countries—particularly in the fields of artificial intelligence and semiconductors. He proposed the establishment of a platform to facilitate communication between entrepreneurs from the three countries.​
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