Egypt is preparing to enter a new phase of institutional development with the launch of a unified digital business platform aimed at achieving full digital transformation of government and investment services, Minister of Investment and Foreign Trade Hassan El-Khatib has announced.
Speaking at a forum organised by Lynx Consulting, El-Khatib said the platform will integrate company incorporation, licensing, payments, and financial and customs obligations into a single, comprehensive system.
He noted that the initiative is designed to significantly reduce the number of procedures and the time required to complete them, while enhancing transparency, efficiency, and trust between the State and investors.
The forum was attended by Mohamed El-Gouski, Assistant Minister of Investment and Foreign Trade for Planning, Development, and Digital Transformation; Amani El-Wassal, Head of the Agreements and Foreign Trade Sector; Mohamed Hanafi, Managing Director of Lynx Consulting; Moataz Yaken, an expert on Egyptian economic affairs; as well as senior ministry officials, business leaders, investors, and private-sector representatives.
El-Khatib outlined Egypt’s broader strategy to improve the investment and trade environment, expand exports to African markets, and enhance trade competitiveness. He said Egypt has laid solid foundations to build a more competitive economy through policies characterised by stability and transparency, enabling investors to make informed decisions.
On monetary policy, El-Khatib said efforts to curb inflation and restore discipline have delivered results, with inflation declining to around 11.6 percent in June 2025. Foreign currency reserves have risen to $50 billion, while net foreign assets have shifted from a deficit to a surplus exceeding $10 billion.
He added that fiscal reforms have focused on rebuilding confidence, easing financial pressures on investors, and improving tax revenues through better collection efficiency and an expanded tax base, resulting in a 35 percent increase in tax revenues without new burdens.
El-Khatib also highlighted trade reforms that reduced customs clearance time and costs by 65 percent, with plans to reach a 90 percent reduction, cutting average clearance time to two days and saving the economy more than $1.5 billion this year.
For his part, El-Gouski detailed plans to deepen trade integration with Africa through frameworks such as AfCFTA and COMESA, alongside measures to strengthen logistics, financing, and institutional coordination.