Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid Saleh, held a high-level roundtable in Washington with leading US corporations to promote Egypt’s evolving investment climate and attract new capital inflows, according to an official government statement.
The meeting, hosted at McLarty Associates, brought together major firms including SpaceX, Walmart, Vertiv, and C5 Capital, alongside representatives from the American University in Cairo, as part of Egypt’s broader engagement during the IMF–World Bank Spring Meetings.
During the discussions, the minister outlined Egypt’s commitment to transparent and predictable economic policies, highlighting reforms such as the transition to a flexible exchange rate, infrastructure expansion, and updated legal frameworks to facilitate investment entry and exit while protecting shareholder rights.
US companies expressed strong interest in expanding into Egypt, particularly in technology, energy, and digital infrastructure. Vertiv emphasized Egypt’s potential as a regional data center hub, citing its strategic location and the presence of more than 20 international submarine cables passing through the Suez Canal.
Meanwhile, Walmart explored opportunities to enhance supply chains and regional distribution, while SpaceX discussed potential collaboration in communications and advanced technology services. C5 Capital signaled interest in investments linked to sustainable energy solutions supporting data infrastructure.
As The Middle East Observer notes, the roundtable reflects Egypt’s strategy to convert growing international interest into tangible investments, particularly by aligning regulatory reforms with global standards and prioritizing high-growth sectors such as digital infrastructure, logistics, and advanced technology.
The meeting concluded with a call for continued technical engagement to translate discussions into bankable projects, reinforcing Egypt’s positioning as a regional investment hub connecting Africa, Europe, and the Middle East.
