Egypt’s Investment Minister Announces New Measures to Support Scaling Startups at Disruptech Sharm 2026
Dr. Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, announced forthcoming steps to facilitate financing for startups that have progressed beyond the idea stage, in cooperation with investment funds, enabling them to scale and achieve sustainable growth.
The remarks were delivered during his participation via video conference at the fourth edition of Disruptech Sharm 2026 – Fintech and Beyond, marking his first official engagement since assuming office. The event brought together 16 global, regional, and local investment funds, alongside executives and representatives of Egyptian and regional investment banks.
Dr. Farid emphasized the importance of structured funding mechanisms that support high-potential startups entering growth phases, underscoring the government’s commitment to creating a more enabling investment environment. He highlighted the role of strategic partnerships with venture capital and private equity funds in strengthening access to capital and expanding market reach.
The conference focused on exploring investment opportunities in Egypt, reviewing developments in the fintech sector, and examining the role of startups in driving economic growth. The ministry’s efforts align with directives from Abdel Fattah el-Sisi to enhance investment flows, boost production and exports, and reinforce Egypt’s competitiveness in emerging technology sectors.
The event underscored Egypt’s ambition to position itself as a regional fintech hub, supported by regulatory reforms and increasing investor interest in innovation-driven enterprises.