Dr. Mohamed Farid, Minister of Investment and Foreign Trade, reviewed the key pillars of Egypt’s economic reform agenda and the latest developments in the state’s IPO program during a high-level meeting with Jefferies Group in Washington, D.C.

● The meeting was attended by leading asset managers and representatives of U.S. investment funds, who expressed strong appreciation for the clarity of the government’s vision and the recent executive measures undertaken.

● Participants also commended the transparency in presenting monetary policies, which has strengthened confidence in the future of the Egyptian economy.

Dr. Mohamed Farid stated:

• The economic reforms being implemented by the government are based on a sustainable institutional approach aimed at enhancing the stability of the investment environment and reinforcing the role of the private sector as a key driver of growth.

• The Ministry’s strategy is guided by three main pillars: accelerating investment procedures, deepening investment, and promoting geographically balanced economic development across governorates.

• The listing of Misr Life Insurance on the Egyptian Exchange is scheduled for the second quarter of 2026.

• The government aims to double both the number and size of investment funds operating in Egypt within the next two years.

As part of the Ministry of Investment and Foreign Trade’s strategy to expand engagement with the global financial and business community, Dr. Mohamed Farid held an extensive meeting with Jefferies Group in Washington, attended by a distinguished group of major investors, asset managers, and representatives of U.S. investment funds.

Jefferies Group is one of the leading global investment banks, providing a full range of services in financial advisory, asset management, and capital markets across the United States, Europe, and Asia.

During the meeting, the Minister outlined the government’s ongoing economic reform agenda, emphasizing that it is grounded in a sustainable institutional framework designed to strengthen the investment climate and empower the private sector as a primary engine of economic growth.

He highlighted that improving the business environment remains a top priority—particularly in the post-establishment phase—through addressing operational challenges and simplifying legal procedures. He also noted the government’s objective to attract more foreign direct investment during the current fiscal year, alongside major transactions, while maintaining a flexible exchange rate policy to enhance competitiveness and working toward converting regional deposits into direct investments to maximize the value of Egyptian assets.

Regarding the IPO program, Dr. Farid revealed the timeline for listing Misr Life Insurance on the Egyptian Exchange in Q2 2026, as part of efforts to deepen capital markets and increase Egypt’s weight in global indices such as MSCI and FTSE.

He concluded by outlining three key success metrics for the Ministry’s plan: completing investment procedures within four working days, activating spatial economic development across governorates, and doubling both the number and size of investment funds in Egypt within two years.

The meeting witnessed strong engagement from participants, with leading investors and asset managers praising the transparency and credibility of the government’s economic narrative, as well as the concrete measures taken to stimulate investment. They affirmed that this level of openness enhances the confidence of global financial institutions in Egypt’s economic outlook.

The meeting took place on the sidelines of Dr. Mohamed Farid’s participation in the IMF-World Bank Spring Meetings 2026 held in Washington, D.C.

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