CAIRO - 14 April 2025: During his official visit to Doha, President Abdel Fattah El-Sisi met with leading members of the Qatari business community, underscoring Egypt’s commitment to strengthening economic ties with Qatar and attracting foreign investment.
The meeting was attended by Qatar's Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani, Finance Minister Ali bin Ahmed Al Kuwari, Minister of Municipality Abdullah bin Hamad Al Attiyah, Minister of State for Foreign Trade Dr. Ahmed bin Mohammed Al Sayed, and Sheikh Khalifa bin Jassim Al Thani, Chairman of the Qatar Chamber of Commerce and Industry, along with representatives from key Qatari companies and business associations.
The interactive dialogue between President El-Sisi and Qatari business leaders focused on unlocking new opportunities in different fields, particularly in trade, investment, and economic cooperation.
President Sisi acknowledged the challenges Egypt’s economy has faced in recent years yet emphasized that the government has implemented vital reforms to stabilize the market and encourage investment. He affirmed that there are no longer issues related to transferring profits abroad in foreign currencies for investors.
The Egyptian president also pointed out that the government is actively streamlining licensing procedures for investors through the implementation of the one-stop shop system and the issuance of the “golden license,” which accelerates the approval process for strategic projects.
One of the key areas discussed was Egypt’s logistics infrastructure. Sisi revealed that the country has developed seven logistical hubs linking the Red Sea and the Mediterranean, supported by a comprehensive and modern road network.
He encouraged Qatari investors to visit these strategic locations and explore investment opportunities in Egypt’s logistics sector, which is primed for growth.
Regarding tourism, Sisi stated that Egypt aims to increase annual tourist arrivals from 16 million to 30 million, leveraging its diverse and rich cultural heritage. He highlighted the country's readiness to collaborate with international partners to achieve this target.
In agriculture, Sisi disclosed that Egypt has prepared between 2 to 3 million acres of land for agricultural reclamation and is open to partnerships with Qatari investors to cultivate these areas. He also extended an invitation for investment in the automotive industry, particularly electric vehicles, noting that Egypt offers both the industrial infrastructure and a large consumer market to support production and sales.
President Sisi’s visit to Qatar marks a significant step in fostering stronger economic cooperation, with promising prospects in sectors such as logistics, tourism, agriculture, and manufacturing. The Egyptian government’s pro-investment policies and major infrastructure developments signal a strong commitment to building a sustainable and inclusive economy.
Mon, Apr. 14, 2025
