President Abdel Fattah El-Sisi participated via video conference, on April 1st, in a high-level meeting organized by the U.S. Chamber of Commerce’s U.S. Egypt Business Council, AmCham Egypt, and the Egypt-U.S. Business Council, with the participation of the senior leadership of a number of major American companies. Present in the meeting was H.E. Dr. Mostafa Madbouly, the Prime Minister and a number of Cabinet Members, including; Minister of Foreign Affairs, Sameh Shoukry, Minister of International Cooperation, Rania Al-Mashar and Minister of Trade and Industry Nevine Gamei.
During the meeting, President El Sisi reiterated the importance of maintaining the strong bilateral commercial partnership between Egypt and the United States; emphasizing Egypt's commitment to continue to create an attractive investment climate for U.S. investments, which contributes to supporting the country’s economic development process. The President outlined some of the recent developments that took place on the national level, and highlighted the government’s plan to achieve sustainable growth in the coming years. President Sisi also shared some of the opportunities that exists within several sectors, including energy, where given its location and recently discovered resources in the Eastern Mediterranean, Egypt is slowly becoming an energy hub for the region. President El Sisi also highlighted plans to promote digital transformation and financial inclusion, as well as building smart cities in light of the imminent move to the New Administrative Capital. Power generation through renewable resources, water desalination, transport and other opportunities in infrastructure projects, tourism and healthcare projects were also highlighted.
Participating in the meeting were senior representatives from U.S. companies including; Apache, Bechtel, Honeywell, Uber, Lockheed Martin, ExxonMobil, Chevron, Google, MasterCard, Pepsi, and the Hilton Group, in addition to the leadership of the U.S. Chamber of Commerce’s U.S. Egypt Business Council, AmCham Egypt and the Egypt-U.S. Business Council.