Egypt’s business sector saw significant expansion in the fiscal year 2024/2025, with the number of newly established companies rising by 21% to reach 46,100 firms, compared to 38,049 a year earlier, according to Economy Plus Egypt. The new enterprises collectively created about 79,000 jobs, marking a 5.8% increase in employment opportunities across sectors including industry, agriculture, tourism, finance, telecommunications, and construction.
The report noted a 10% increase in foreign capital contributions, which reached USD 648 million during the same period. Foreign investors helped establish 1,100 new companies, with total capital estimated at USD 221 million. China ranked first among foreign contributors with 532 companies, followed by Turkey with 439, and the United Kingdom with 150.
Arab investors also maintained a strong presence, founding 6,500 new companies with USD 257 million in total capital. Syrian entrepreneurs led this segment with around 4,800 firms, followed by investors from Saudi Arabia (781), Yemen (521), and the UAE (242).
In a related development, the Egyptian Federation for Construction and Building Contractors reached an agreement with its Palestinian counterpart to form joint partnerships between 50 Egyptian and Palestinian companies to support the reconstruction of Gaza. Federation Chairman Mohamed Sami told Economy Plus Egypt that qualified Egyptian firms—both state-owned and private—are being prepared to participate in the rebuilding process, estimated by the UN to cost around USD 70 billion over the next decade, with USD 20 billion needed for the first phase.
The surge in new businesses and international collaboration underscores Egypt’s growing role as a regional investment hub and a key player in post-conflict reconstruction efforts in the Middle East.
