Doha: Egyptian Prime Minister Dr. Mostafa Madbouly has expressed his country's strong interest in enhancing joint cooperation with Qatar, particularly in investments. This commitment was highlighted during a meeting with members of the Qatari Businessmen Association (QBA) led by HE Sheikh Faisal bin Qassim Al-Thani.
According to Qatar News Agency, during the meeting, Dr. Madbouly emphasized Egypt's dedication to attracting Qatari investments across various sectors. He pointed out that both countries' political leaderships are aligned in expanding cooperation frameworks. The Prime Minister shared his eagerness to build on the current momentum, citing Egypt's promising investment opportunities. He noted that Egypt's economy saw a 5 percent growth in the last quarter, largely due to the services sector, and remains stable despite regional challenges.
Dr. Madbouly revealed that the year 2026 is anticipated to be robust for investments and economic growth, as the Ministry of Investment actively works to eliminate investor obstacles under his supervision. He extended an invitation to Qatari businessmen to increase their investments in Egypt, assuring his personal commitment to resolving any challenges they might face.
A significant upcoming Qatari investment package by the Qatar Investment Authority will target the tourism sector along Egypt's North Coast, Dr. Madbouly announced.
In response, HE QBA Chairman Sheikh Faisal bin Qassim Al-Thani stated that Egypt is a primary investment destination for Qatari investors. He expressed enthusiasm for expanding private investments, noting Egypt's attractive market and strong purchasing power. Sheikh Faisal highlighted Egypt's advanced infrastructure as a favorable factor for Qatari investors and identified real opportunities for joint ventures.
HE QBA Deputy Chairman Sheikh Dr. Khalid bin Thani Al-Thani mentioned existing Qatari investments in Egypt across various sectors and outlined new opportunities in construction and healthcare. He emphasized the positive returns on investment in Egypt and the importance of the Golden License for facilitating real projects.
The QBA presented Qatar's economic indicators and its members' capabilities in domestic and international investments. The presentation underscored Qatar's aim to attract USD 100 billion in foreign direct investment by 2030 and reviewed major projects in energy, tourism, technology, and logistics for potential collaboration with Egypt's private sector.