Qatar has pledged to inject $7.5 billion in direct investments into Egypt, according to a joint statement released by the Egyptian presidency on Monday.
Qatar's Emir Sheikh Tamim Bin Hamad Al Thani meets with Egypt's President Abdel Fattah al-Sisi, in Doha, Qatar April 14, 2025. Amiri Diwan
Qatar has pledged to inject $7.5 billion in direct investments into Egypt, according to a joint statement released by the Egyptian presidency on Monday.
The announcement comes as Cairo intensifies its efforts to secure financial backing from Gulf allies and international partners to ease mounting economic pressures.
The agreement was reached during Egyptian President Abdel Fattah al-Sisi’s visit to Doha on Sunday, where he met with Qatari Emir Sheikh Tamim bin Hamad Al-Thani. While the statement did not specify the sectors or timeline of the investments, the move signals renewed confidence in Egypt's potential amid ongoing economic turbulence.
Egypt, grappling with soaring foreign debt and a widening fiscal deficit, has actively sought Gulf investment to stabilize its economy. This latest pledge from Qatar builds on a series of recent high-profile deals that Cairo has struck with its regional allies.
Notably, in 2023, Egypt finalized a landmark agreement with Abu Dhabi-based ADQ to develop a mega project at Ras El Hekma on the Mediterranean coast.
The deal promised $35 billion in short-term capital, including $24 billion allocated for land rights, marking one of the country’s largest-ever foreign investment agreements.
Strategic Timing and Geopolitical Calculus
Qatar’s commitment comes at a crucial time. Egypt is navigating a perfect storm of challenges, including currency depreciation, inflation, and investor uncertainty.
The new investment package will serve as a vital financial cushion and could help restore confidence in Egypt’s economic outlook.
The deal also underscores the warming political and economic ties between Egypt and Qatar, which had been strained in the past over regional disagreements.
With both countries now aligning on key regional issues—such as mediation in Gaza and economic cooperation—this partnership appears to be entering a more robust and strategic phase.
As Egypt gears up for further structural reforms and seeks to unlock additional international funding, support from Gulf partners like Qatar is poised to play a pivotal role in shaping the country’s financial recovery and future development.
The world is mourning the passing of Pope Francis, who died at the age of 88, leaving behind an enduring legacy of humility, compassion, and unwavering advocacy for peace and interreligious harmony.
Several multinational energy companies, including U.S. giant Chevron, have pulled out of their oil and gas exploration blocks in Egypt’s Red Sea after failing to make any viable discoveries, Egypt’s Ministry of Petroleum confirmed this week.
In a moving display of faith and unity, Pope Tawadros II, head of Egypt’s Coptic Orthodox Church, presided over the Easter Mass on Saturday evening at the historic St. Mark's Coptic Orthodox Cathedral in Cairo’s Abbasiya district.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
