Egypt's Minister of Public Enterprises Mohammed Sheemy met with a delegation from Qatar's Power International Holding (PIH) on Tuesday to explore potential investment partnerships across several strategic sectors, including metals, fertilisers, healthcare, and real estate. The meeting, held at the ministry's headquarters in the New Administrative Capital, aligns with Egypt's broader push to attract private capital and maximise returns on state-owned assets. "We welcome partnerships with major economic players to advance sustainable development," Minister Sheemy said, adding that the government is focused on unlocking high-return, job-creating investments with strong export potential. He reiterated that Egypt offers an increasingly attractive and enabling investment environment. Power International, a diversified Qatari conglomerate, expressed interest in expanding its footprint in Egypt. The group operates across sectors including energy, construction, telecoms, food industries, real estate, hospitality, and entertainment. Ministry officials said investment opportunities are available across its portfolio of companies, which spans chemicals, textiles, tourism, construction, and pharmaceuticals. The talks are part of Egypt's strategy to deepen public-private partnerships and attract regional investors to support its economic transformation goals. The meeting was attended by legal and senior advisors from the Ministry of Public Enterprises Sector. Attribution: Amwal Al Ghad English
