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The Egyptian cabinet said on December 30, 2025 that Egypt has received 3.5 billion US dollars from Qatar for large-scale real estate and tourism development projects along the Mediterranean coast of Egypt. The statement said that this amount is the cash portion of an investment agreement signed between the Egyptian New City Community Authority and Qatar Diar Real Estate Investment Company in early November 2025.

Zhitongcaijing·01/01/2026 08:17:01
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The Egyptian cabinet said on December 30, 2025 that Egypt has received 3.5 billion US dollars from Qatar for large-scale real estate and tourism development projects along the Mediterranean coast of Egypt. The statement said that this amount is the cash portion of an investment agreement signed between the Egyptian New City Community Authority and Qatar Diar Real Estate Investment Company in early November 2025.