Egypt has advanced five places in Fitch’s Economic Openness Index, rising to 51st globally in September from 56th in June. The move highlights progress in attracting foreign investment and expanding trade flows.
The index ranks countries by openness to global investment and trade, measured through imports, exports, and FDI relative to GDP. Egypt’s improvement reflects stronger investor confidence, a growing industrial base, and wider participation in global markets.
Fitch expects investment to remain a central driver of growth, supported by export expansion. The agency projects continued FDI inflows, thanks to Egypt’s diverse production capacity and range of tradable goods.
Reforms have underpinned this momentum. Key measures include:
Simplified investment procedures and incentives
Establishment of the Supreme Council for Investment
Launch of the “Golden License” to cut red tape
These steps align with Egypt’s economic strategy, which targets raising private investment to 11.9% of GDP by FY 2029/30 (from 5% in FY 2023/24) and tripling exports to USD 100 billion in the same period, up from USD 32.5 billion in FY 2023/24.
While risks such as global capital volatility and policy execution remain, the latest ranking signals growing openness and competitiveness in Egypt’s economy.
