Egypt announced the creation of an investment zone for Qatar’s Alam Al Roum development on the North Coast, aiming to draw domestic and foreign capital.
- Minister Mohamed Farid highlighted the zone’s role in streamlining approvals, digitising services and creating jobs for local communities.
- The zone targets tourism, real estate and service sectors, leveraging existing roads and infrastructure.
- Private investment accounted for about 65% of Egypt’s total investment in Q3 of fiscal 2025/2026, according to Farid.
- Foreign direct investment reached roughly $18 billion by the end of the fiscal year, with goals to raise the investment‑to‑GDP ratio to 25%.
Officials said the initiative complements broader efforts to expand economic activity beyond the Nile Valley and Delta.