
President Abdel Fattah El-Sisi stressed the importance of shielding the Egyptian economy from the adverse effects of harmful practices in international trade, underscoring the need to maintain stable production chains and ensure sufficient foreign currency reserves to secure essential goods and key production inputs for factories.
The remarks came during a meeting held on Wednesday to review the government’s ongoing efforts to support investment and manage foreign trade, as well as to reinforce the role of local industry in driving economic growth.
In this context, the President emphasized the urgency of addressing challenges facing investment and industrial sectors, with a focus on localizing manufacturing through stronger partnerships with the private sector, expanding domestic investment, and attracting greater flows of foreign and Arab capital.
Discussions also highlighted the importance of safeguarding domestic industries from unfair trade practices and easing the pressures resulting from rising production costs. These measures form part of the state’s broader strategy to enhance industrial productivity and competitiveness, particularly amid continued global market volatility.
El-Sisi further stressed that maintaining a stable and attractive investment climate remains a national priority, noting that strengthening existing projects and encouraging new investments are essential to supporting sustainable economic growth and positioning Egypt as a regional hub for industry and manufacturing.