The German Ambassador to Egypt, Jürgen Scholz, has announced that the trade exchange between Egypt and Germany has exceeded $6 billion in 2025. This represents a significant development in the commercial relations between the two countries, with opportunities for further growth in the coming period. The ambassador's statement was made during an interview on Extra News.
According to Scholz, the growth in trade between Egypt and Germany is driven by mutual demand, with Germany importing products from Egypt and Egypt importing products from Germany. He also noted that German companies are interested in continuing to increase the volume of trade exchange. The ambassador's comments highlight the importance of bilateral trade relations between the two nations.
A number of German companies have expressed interest in exploring investment opportunities in Egypt. Scholz revealed that he has received inquiries from German companies during his participation in the annual Ambassadors' Conference in Berlin. The companies are interested in various sectors, including construction, cement industry, information technology, and specialized services such as legal services and communication strategies.
The German Ambassador emphasized that German companies are studying investment opportunities in Egypt alongside other countries and make investment decisions based on commercial considerations and clear business plans. He stressed that attracting more German companies requires clear and stable regulatory frameworks, enabling companies to plan for the long term.
Scholz highlighted the importance of equal opportunities for companies, ensuring that private sector companies are treated fairly without any form of discrimination or unequal treatment. He also discussed the Egyptian-German cooperation in the transportation and railway sector, particularly the high-speed electric train project.
The high-speed electric train project is a significant undertaking, covering over 2000 kilometers of railway lines within the rapid train network, stretching from north to south and east to west. The project is expected to bring about a major transformation in Egypt's transportation system, providing new opportunities for citizens and contributing to a reduction in traffic congestion on roads.
The German Ambassador concluded by emphasizing that the continuation of economic cooperation between Egypt and Germany depends on the existence of clear opportunities for companies and a stable investment environment that enables them to develop long-term plans and increase their investments in the Egyptian market.
Key points
- The trade exchange between Egypt and Germany has exceeded $6 billion in 2025.
- German companies are interested in investing in various sectors in Egypt, including construction, technology, and transportation.
- The high-speed electric train project is a major Egyptian-German cooperation initiative, expected to transform Egypt's transportation system.
