Egyptian International Minister Badr Abdelatty receives his British counterpart, Yvette Cooper, to co-chair the 3rd consultation of the UK-Egypt Affiliation Council, 18 June 2026. Egypt’s MFA
CAIRO – 18 June 2026: Egypt is looking for to draw extra British funding in key sectors together with renewable power, infrastructure, monetary services and products and banking because it seems to deepen financial ties with the UK.
International Minister Badr Abdelatty highlighted promising funding alternatives in those key spaces as he and British International Secretary Yvette Cooper co-chaired the 3rd consultation of the UK-Egypt Affiliation Council on Thursday.
The consultation used to be attended via representatives from Egypt’s funding, industry, finance and making plans ministries, in keeping with a observation via the overseas ministry.
The council serves because the mechanism accountable for overseeing the implementation of the affiliation settlement signed via the 2 international locations in December 2020.
Throughout the assembly, Abdelatty stressed out Egypt’s keenness on expanding bilateral industry and British direct funding and boosting the industrial, business and funding family members between the 2 international locations.
He reviewed measures applied via the Egyptian govt in recent times to advance nationwide economic system, beef up the trade setting and reinforce the position of the non-public sector.
The overseas minister underscored the significance of funding as a key element within the bilateral financial family members and referred to as for larger engagement via the non-public sector in each international locations via present cooperation mechanisms in Cairo and London.
He additionally reaffirmed Egypt’s pastime in increasing cooperation with the UK in inexperienced enlargement, schooling, migration and protection.
Egypt and the United Kingdom already take care of really extensive financial ties.
UK govt figures display that bilateral industry in items and services and products totaled £5.1 billion in 2025, comprising £2.9 billion in British exports to Egypt and £2.2 billion in imports.
In the meantime, Britain’s outward overseas direct funding inventory in Egypt stood at £3.6 billion on the finish of 2024, in keeping with the figures, with loads of British firms running within the nation.
