Diaspora-Dedicated Investment Fund Planned for 2027

A dedicated investment fund for Egyptians living abroad is set to launch in 2027, offering tailored investment instruments, simplified subscription procedures, attractive returns and additional incentives, Minister of Finance Ahmed Kouchouk announced.

Speaking during the seventh Conference for Egyptians Abroad, organised by the Ministry of Foreign Affairs, International Cooperation and Egyptian Expatriates, Kouchouk said the Ministry of Finance is working with leading investment banks in Egypt and overseas to complete the procedures needed to launch the fund. The initiative is intended to expand investment opportunities for Egyptians living abroad.

Kouchouk also said the ministries of Finance, Industry, and Investment and Foreign Trade are developing an integrated digital platform that will allow investors to establish companies with minimal administrative procedures. The platform is expected to make it easier for Egyptians abroad to benefit from government investment incentives, tax and customs facilitation measures, and opportunities across priority sectors.

The minister added that the government is expanding fully digital public services for Egyptians at home and abroad, with artificial intelligence being integrated to simplify procedures and provide multilingual support. He announced a new mobile application for real estate tax services, enabling users to register properties, submit tax returns, apply for exemptions and make payments in any currency, with features tailored to Egyptians living overseas.