The recent investment deal involving Qatar and Egypt’s Alam El Rowd project has reignited discussions about the true exchange value of the U.S. dollar against the Egyptian pound, particularly with Qatar planning to inject $3.5 billion before the end of 2025. n nEconomic expert Dr. Khaled El-Shafei emphasized that this financial inflow will bolster the Egyptian currency and shield it from further depreciation. He stated that the fair market value of the dollar should be around 35 pounds, a figure reportedly supported by Goldman Sachs. n nEl-Shafei also pointed to the informal foreign exchange market as a major contributor to the current dollar shortage, arguing that increased official liquidity from the Qatari investment would help stabilize the formal banking sector. The influx is expected to reduce reliance on parallel markets and support macroeconomic stability. n nBy strengthening foreign reserves, the transaction could enhance investor confidence and reduce pressure on Egypt’s central bank to devalue the pound further. n
— news from مجلة البوصلة الاقتصادية
