Egypt’s Investment Environment Faces Challenges Amid Outdated Commercial Registries, Says Entrepreneur
Entrepreneur Mohamed Abu El-Naga Nagati highlighted challenges facing investment in Egypt, pointing to an outdated commercial registry system and regulations that require modernization. He noted that both investors and startups often struggle to implement projects efficiently due to delays in official procedures, particularly in registering company shares.
Nagati stressed that updating policies and improving the legal and technical infrastructure of commercial registries would streamline company registration, protect investors’ rights, and accelerate project execution. Such reforms, he added, would also encourage local and foreign investment.
He emphasized that enhancing the investment ecosystem goes beyond administrative improvements, calling for greater transparency and clearer procedures to allow companies to operate efficiently and scale without bureaucratic obstacles. According to Nagati, these reforms will bolster Egypt’s national economy and strengthen investor confidence, particularly amid regional competition for capital.
Simplifying company and share registration is crucial for supporting entrepreneurship, enabling startups to focus on product development and business growth rather than navigating bureaucratic delays.