Overview
- The King inaugurated a Hispano‑Egyptian business forum in Cairo to accelerate Spanish investment in infrastructure, energy, water and tourism.
- More than 200 participants attended, with executives from Talgo, Acciona, FCC Aqualia and Técnicas Reunidas, as well as senior officials from both countries; over 60 Spanish companies already operate in Egypt.
- Spain’s Secretary of State for Commerce said Egypt is the top recipient of FIEM funds at €925 million to date.
- Felipe VI cited 2024 trade flows of €1.457 billion in Spanish exports to Egypt and €1.680 billion in imports as a platform for deeper ties.
- Coverage highlighted opportunity alongside risks noted by the IMF and experts, including public‑sector dominance, military‑linked conglomerates, corruption, legal uncertainty and the fiscal burden of megaprojects.