Egypt has managed to attract more foreign direct investment (FDI) in multiple sectors, including primarily the financial services sector, thanks to the government's efforts in improving the business environment in the country over the past few years. This achievement is supported by a plethora of international recognition, as follows:

• Egypt was recognised as one of the top five destinations globally for greenfield FDI in 2016, where Cairo was also ranked among the top 10 cities hosting start-ups in the same year. In 2023, greenfield projects more than doubled in number, reaching 161.

• Egypt was also recognised as one of the top five countries with economies that account for 40 per cent of projects in Africa as per the United Nations Trade and Development (UNCTAD) World Investment Report 2023.