Qatar and Egypt have reached a significant agreement on a direct investment package worth $7.5 billion, according to a joint statement issued following the official visit of Egyptian President Abdel Fattah el-Sisi to Doha. The announcement highlights the growing economic ties between the two nations, amidst ongoing diplomatic efforts to mediate a resolution to the Gaza crisis and support Palestinian rights.
Strengthening Economic Ties
The agreement, which focuses on fostering direct Qatari investments in Egypt, underscores the strategic economic partnership between the two countries. The $7.5 billion investment will be implemented in the coming phase, marking a key step in enhancing the economic collaboration between the two Arab nations.
The announcement was made by Qatar News Agency (QNA), which reported that both leaders affirmed their commitment to enhancing bilateral relations and pushing forward with initiatives that cater to the developmental aspirations and interests of both nations. This investment pact follows years of close cooperation and is expected to support key sectors in Egypt, contributing to its long-term economic recovery efforts.
President el-Sisi’s visit to Qatar on April 13-14, 2025, included talks with Qatari Prince Sheikh Tamim bin Hamad Al Thani, who reaffirmed the commitment to continued collaboration. Their discussions covered various regional issues, including the humanitarian and political situation in Gaza, with a specific focus on achieving a peaceful resolution and supporting the reconstruction of the Palestinian territory.
A Renewed Focus on Gaza and Palestinian Rights
The two leaders also discussed the ongoing crisis in Gaza, emphasizing the urgency of a sustainable ceasefire and the need for immediate humanitarian aid. Both Qatar and Egypt have been at the forefront of mediation efforts to bring about a lasting resolution to the conflict, and the latest talks reaffirm their commitment to the Palestinian cause.
Both nations reiterated their strong support for the establishment of an independent Palestinian state based on the pre-1967 borders, with East Jerusalem as its capital. This stance aligns with longstanding Arab diplomatic priorities, and both Qatar and Egypt expressed hope for a comprehensive political solution to the Israeli-Palestinian conflict.
In addition to their political support, Qatar and Egypt also emphasized the importance of humanitarian efforts to alleviate the suffering of Gaza’s civilian population. They pledged to work together to facilitate the swift delivery of international aid and provide immediate relief to those affected by the ongoing violence.
A Conference for Gaza Reconstruction
A significant aspect of the discussions between the two leaders was the planned international conference aimed at coordinating the reconstruction of Gaza. Egypt, in collaboration with Qatar and other international partners, is working to host a global summit to address the region’s urgent humanitarian needs and support the rebuilding of Gaza’s infrastructure.
Both nations expressed their commitment to a comprehensive reconstruction strategy, calling for the mobilization of international funds and expertise to restore the damage caused by the conflict. In this context, Egypt’s role as a key mediator and regional leader in the peace process remains critical. Cairo’s commitment to hosting this conference further underscores its central role in regional diplomacy.
Egypt’s Economic Challenges and Opportunities
While Qatar continues to lead in the global liquefied natural gas (LNG) market, Egypt is grappling with one of the worst economic crises in its history. Inflation, rising debt, and a currency devaluation have put immense pressure on the Egyptian economy. The newly announced investment package is seen as a crucial lifeline for Egypt, which is working to stabilize its economy and attract foreign investments to boost its recovery.
The $7.5 billion investment will likely play a significant role in supporting key sectors such as energy, infrastructure, and technology. This move also aligns with Egypt’s broader efforts to create a more diversified economy and reduce its dependence on foreign aid.
Ongoing Diplomatic Efforts for a Ceasefire
While economic agreements are a focal point of the visit, the situation in Gaza remains the top priority for both countries. Egypt has been leading mediation efforts, in cooperation with Qatar and the United States, to secure a ceasefire in Gaza. A temporary truce brokered in January 2025, however, collapsed in March following Israeli airstrikes. Despite this setback, both Qatar and Egypt remain committed to facilitating further peace talks.
As tensions in Gaza continue, Egypt is preparing to host further talks with Palestinian factions, including Hamas, to explore the possibility of a new ceasefire agreement. A senior Hamas official, Khalil al-Hayya, is expected to lead a delegation to Cairo soon for consultations regarding a potential truce. Such efforts are seen as vital not only for halting the violence but also for creating the conditions necessary for Gaza’s long-term recovery and rebuilding.
