Public Management

Egypt Secures $7.5bn in Qatari Investments for Economic Growth

Egypt Secures $7.5bn in Qatari Investments for Economic Growth
Tuesday, 15 April 2025 18:59
  • Egypt and Qatar commit to a $7.5 billion investment partnership.
  • The agreement was made during Egyptian President Abdel Fattah al-Sissi’s visit to Qatar.
  • The two countries aim to enhance economic cooperation and foster sustainable growth.

Yesterday, Egypt and Qatar announced a plan for Qatari direct investments worth $7.5 billion in Egypt. This initiative is part of their ongoing efforts to deepen their economic partnership and promote mutual development.

The commitment came during the visit of Egyptian President Abdel Fattah al-Sissi to Qatar, where he met with Qatari Emir Sheikh Tamim bin Hamad al-Thani. The statement, released by the Qatari Ministry of Foreign Affairs, did not specify which sectors would receive the investments. However, both leaders emphasized their shared goal to enhance investment flows and economic exchanges. This reflects the political will of both nations and aiming to foster sustainable economic growth that would benefit their peoples.

Egypt, as one of Africa’s top destinations for foreign direct investment (FDI), is actively working to attract more investments, both domestic and international, to support its economic development. The country’s efforts were highlighted in 2024 when Egypt became the top recipient of FDI in Africa, largely due to the Ras El-Hekma mega-project. This ambitious project is transforming the Ras El-Hekma peninsula into a premier tourist destination, financial center, and free trade zone, with world-class infrastructure drawing significant foreign capital.

To support its investment goals, Egypt has implemented several reforms, including stabilizing its foreign exchange rates, supporting the private sector, and improving the overall investment climate. These measures are designed to attract more investors and help boost the country’s economic growth.

At the same time, Qatar has been expanding its presence in Africa by increasing its cooperation with various countries on the continent. In early April, Qatar signed an agreement with Algeria to strengthen their collaboration in air transport services. It also signed a trade agreement with Côte d'Ivoire in January 2025. Moreover, Qatar has played a role in mediating between the Democratic Republic of Congo (DRC) and Rwanda to help resolve the ongoing conflict in eastern DRC.

The bilateral relationship between Qatar and Egypt continues to evolve, marked by strong political, economic, and diplomatic cooperation. The two countries have maintained solid ties, bolstered by official visits and agreements in various sectors such as infrastructure, energy, and tourism. In 2023, trade between Qatar and Egypt reached $71.41 million, according to the International Trade Center (ITC).

Lydie Mobio (intern)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Gabon signed a $3 billion deal with Afreximbank to finance priority investments. The move follows a meeting between President Oligui Nguema...
• BCEAO holds key rates, citing stable growth and low inflation• WAEMU GDP grows 6.5%; inflation drops to 0.6% in Q2• Risks persist from insecurity,...
• WEF identifies 37 financial instruments for nature, highlighting 10 as priority solutions delivering both financial returns and ecological outcomes.•...
EBRD, EU, GCF, and Canada plan €65 mln ($77 mln) green loan for Crédit du Maroc. Funds to support clean energy, water treatment, and sustainable...
Most Read
01

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
02

Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...

Gabon’s Airtel, Moov to Share Towers Under Govt-Brokered Deal
03

• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...

WAEMU Region Records Second Straight Month of Deflation, at -0.9% in July 
04

Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate vot...

Malawi’s Election Puts Incumbent Chakwera to the Test on Inflation and Fuel Shortages
05

Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...

Saudi Arabia’s 2025 Shopping List Now Includes Industrial Parks in Africa — With a $700 Million Entry Ticket
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.