Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, emphasized the far-reaching economic benefits of the newly brokered Gaza peace deal in a Bloomberg interview with anchor Joumanna Bercetche.
Al-Mashat described the deal as a potential turning point for regional stability, which she said is essential for sustaining Egypt’s ongoing economic reforms. “Restoring confidence in trade routes like the Suez Canal, and reinforcing investor trust, are key to Egypt’s recovery and growth,” she noted. The peace deal could accelerate foreign direct investment and strengthen private-sector engagement—critical for Egypt’s projected 5% GDP growth.
In a historic diplomatic gesture, President Abdel-Fattah El-Sisi awarded U.S. President Donald Trump the Order of the Nile, Egypt’s highest civilian honor, recognizing his role in brokering the agreement. Trump’s visit to the region coincides with the release of hostages and renewed talks on cross-border reconstruction efforts.
Al-Mashat stressed that Egypt’s reform momentum, launched in early 2024, must be protected through stability and international cooperation. She pointed to Egypt’s enhanced partnerships with the EU, UK, and Gulf states, and a recent S&P outlook upgrade, as signs the economy is regaining its footing.
