Egypt and Qatar Strengthen Ties with New Investments in Sustainable Aviation Fuel and Real Estate

Egypt and Qatar have accelerated their partnership with a series of investments, including a €170 million ($200 million) agreement between the Egyptian government and Qatari Al Mana Holding for sustainable aviation fuel production. This marks the first Qatari investment in the Suez Canal Economic Zone, which has attracted €11 billion ($13 billion) in foreign investments over the past three years.

The project aims to produce 200,000 tonnes of sustainable aviation fuel annually. Additionally, Qatari Diar has partnered with Egypt's New Urban Communities Authority to develop a €25.2 billion ($29.7 billion) tourism and residential complex along the Mediterranean coast.

Other initiatives include a potential €3.4 billion ($4 billion) investment from the Qatar Investment Authority for a new tourist city and various agreements in agriculture, health, and social insurance. Trade between the countries has surged to €121.6 million ($143 million) in the first ten months of 2025, reflecting a nearly 80% increase from 2023.