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Egypt’s Minister of Investment and Foreign Trade Dr. Mohamed Farid Saleh told Qatar News Agency that the seventh Qatar-Egypt Joint Higher Committee has established a platform for expanded bilateral engagement in economic matters. Saleh highlighted the creation of a joint economic, trade and investment committee as a central element that will help coordinate ongoing activities between Doha and Cairo. The minister noted that discussions also covered Qatari investment in Egypt’s opportunities across Africa, pursued in partnership with Egyptian companies and the sovereign fund, along with industrial projects backed by Qatari capital.
Finance Minister Ahmed Kouchouk, speaking to Qatar News Agency, described a dedicated agreement with Qatar’s Ministry of Finance that aligns customs policies and promotes the exchange of technical expertise. The arrangement includes complete digital information sharing designed to cut trade costs, improve efficiency and simplify procedures for businesses on both sides. Kouchouk added that the committee session examined ways to strengthen links between the financial and business centers of the two countries as part of wider regional coordination.
Qatari investments in Egypt have grown considerably in recent years, building a foundation for the latest initiatives. A Qatar News Agency report published in February 2025 put the value of those investments above $5 billion, including roughly $3.3 billion from the Qatar Investment Authority concentrated in tourism and resort developments. Trade between the countries increased 38 percent to about 746 million Qatari riyals during the period covered by that assessment.
The ministers pointed to industrial and tourism investments in the Ras El Hekma area on Egypt’s North Coast as a prominent example of deepening ties. This focus aligns with efforts to enhance tourism infrastructure along the Mediterranean shoreline through Qatari funding. A Reuters report from November 2025 indicated that Qatari Diar had committed $29.7 billion to a luxury real estate and tourism complex in the region, part of broader North Coast development plans that include housing units and profit-sharing arrangements for Egypt.
Cooperation in emerging growth sectors drew detailed attention in the ministers’ discussion with Qatar News Agency. The two sides are advancing collaboration in energy, infrastructure, technology and financial services to support mutual economic objectives. These steps reflect sustained momentum from earlier committee sessions that have progressively lifted trade volumes and investment commitments.
The preparatory meeting for the seventh session took place in El-Alamein on August 19, 2026, where officials reviewed bilateral progress and documents slated for formal approval, according to Qatar’s Ministry of Foreign Affairs. Egyptian authorities continue to offer streamlined land allocation and licensing processes to draw additional Qatari capital into priority sectors. The ministers’ comments to Qatar News Agency illustrate the practical outcomes emerging from regular high-level exchanges between the two countries.
