Cairo, Egypt – January 16, 2026 – High-level discussions between Egyptian and German officials have underscored the deepening economic ties between the two nations, with a strong focus on expanding trade, attracting investment, and solidifying Germany’s role as a key strategic partner for Egypt. Abdel Aziz El-Sherif,Frist Undersecretary of the Ministry of Investment and Foreign Trade and Head of the Egyptian Commercial Service (ECS),recently met with Miguel Seco,Commercial Counselor at the Embassy of Germany in Cairo,and maren Diale,President of the Arab-German Chamber of Industry and Commerce,to review current collaborations and finalize preparations for the seventh session of the Egyptian-German Joint Economic Committee.
Strengthening a Strategic Partnership
El-Sherif emphasized the strategic importance of the relationship with Germany, recognizing its position as a leading global economic power and a crucial source of technological expertise for Egypt. He reaffirmed Egypt’s commitment to bolstering bilateral trade and attracting further German investment, highlighting the mutual benefits of a strengthened partnership. This commitment aligns with Egypt’s broader economic reform agenda,aimed at creating a more attractive investment climate and diversifying its economy. Germany’s reputation for high-quality engineering, innovation, and enduring business practices makes it an ideal partner in these efforts.
Remarkable Trade and Investment Figures
The meeting revealed significant progress in economic cooperation. Bilateral trade between Egypt and Germany reached approximately €5.5 billion in 2024, demonstrating a robust and growing commercial relationship.furthermore, cumulative German investments in Egypt have reached around €3 billion as of the end of February 2025, a testament to investor confidence in the Egyptian market.Currently, approximately 1,738 German companies are actively operating within Egypt, contributing to job creation and economic growth. These figures represent a substantial increase over previous years, indicating a positive trajectory in economic collaboration. Statista provides further data on foreign direct investment trends in Egypt.
The Joint Economic Committee: A Cornerstone of Cooperation
Discussions centered on the upcoming seventh session of the Egyptian-German joint Economic Committee, a vital platform for fostering thorough economic and trade cooperation. El-Sherif stressed the committee’s importance as a key institutional mechanism for identifying opportunities, addressing challenges, and implementing joint initiatives. the agenda for the upcoming session is being carefully coordinated to focus on areas of mutual interest and strategic importance.Key topics are expected to include renewable energy, infrastructure development, vocational training, and the promotion of small and medium-sized enterprises (SMEs). The committee provides a structured framework for dialog and collaboration, ensuring that both countries can effectively address shared economic goals.
Key Areas for Discussion at the Joint Economic Committee:
- Renewable energy: Exploring opportunities for German investment in Egypt’s burgeoning renewable energy sector, particularly in solar and wind power.
- Infrastructure Development: Discussing potential collaborations on infrastructure projects, including transportation, logistics, and digital infrastructure.
- Vocational Training: Strengthening vocational training programs to equip the Egyptian workforce with the skills needed to meet the demands of a modern economy,leveraging Germany’s renowned dual education system.
- SME Support: Identifying ways to support the growth of small and medium-sized enterprises in Egypt, fostering entrepreneurship and job creation.
Egyptian-German Business Forum: Connecting businesses
Preparations for the Egyptian-German Business Forum, scheduled to coincide with the Joint Economic Committee meetings, were also a key focus of the discussions. The forum aims to connect leading Egyptian and German companies, facilitating networking, exploring potential partnerships, and driving investment. Organizers are working to ensure high-level participation from both countries, positioning the forum as a premier platform for expanding trade ties and fostering investment. The forum will feature industry-specific sessions, matchmaking events, and opportunities for business-to-business interactions. The Arab-German Chamber of Industry and Commerce is playing a central role in organizing the forum.
Germany’s Continued Commitment
Miguel Seco,the German commercial Counselor,reaffirmed Germany’s strong interest in the success of the upcoming committee session,emphasizing that it reflects the robust bilateral relationship and the increasing level of economic cooperation between Egypt and Germany. Germany views Egypt as a strategically important partner in the Middle East and North Africa region, and is committed to supporting Egypt’s economic development. This commitment is evidenced by Germany’s continued investment in Egypt and its active participation in joint economic initiatives.
Looking Ahead
The ongoing dialogue and collaborative efforts between Egypt and germany signal a promising future for bilateral economic relations. The seventh session of the Joint Economic Committee and the accompanying Business Forum are expected to generate new opportunities for trade, investment, and cooperation, further strengthening the strategic partnership between the two countries. Egypt’s ongoing economic reforms, coupled with Germany’s technological expertise and investment capacity, create a favorable surroundings for sustained economic growth and mutual prosperity. The focus on renewable energy and sustainable development aligns with global trends and positions both countries for long-term success.
Key Takeaways:
- Egypt and Germany enjoy a strong and growing economic partnership.
- Bilateral trade reached €5.5 billion in 2024, with German investments totaling €3 billion by early 2025.
- The Joint Economic Committee is a crucial platform for fostering cooperation.
- The upcoming Business Forum will connect businesses and drive investment.
- Germany remains committed to supporting Egypt’s economic development.
