The King Encourages Spanish and Egyptian Companies to “Adapt and Innovate” in “a Complex International Scenario”

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The business forum Egypt-Spain , held at the St. Regis Hotel in Cairo, in the framework of the State trip of the Kings to Egypt , served this morning as a meeting point to strengthen the economic ties between the two countries. Faced with an auditorium formed by more than a hundred representatives of companies from strategic sectors, Philip VI has stressed the need of companies to "adapt and innovate" to face the challenges of "a very complex in…

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Egypt is the second largest economy on the African continent, after South Africa. This year will grow by 4%, according to the International Monetary Fund (IMF), after doing so at a rate of 3.8 in 2023 and 2.7% in 2024. This "potential" has to be taken advantage of by Spanish companies, said Felipe VI this Thursday, at the opening of a business forum held on the occasion of his State visit to the Arab country.