The Afro-Asian Investors Union has recognized Egypt as the leading destination for foreign direct investment in Africa. In a statement reported by Al-Masry Al-Youm, the union highlighted the recent Al-Roum development agreement between Egypt and Qatar as a landmark transaction, signaling growing international confidence in Egypt’s economic trajectory.
Analysts suggest that the success of the Al-Roum project, which includes substantial capital inflows and integrated urban development, sets a precedent for future large-scale partnerships. The deal is not expected to be an isolated event, with expectations that similar high-value collaborations will follow, driven by Egypt’s strategic location, ongoing reforms, and investor-friendly policies.
The union expressed optimism about Egypt’s ability to maintain its competitive edge in attracting cross-border investments, particularly in infrastructure and real estate. With continued government support and improvements in the business climate, Egypt is positioning itself as a regional hub for international capital, especially from Gulf countries.
This recognition reinforces Egypt’s growing reputation as a stable and promising market amid regional uncertainties. The momentum generated by such deals is expected to support macroeconomic stability, boost foreign reserves, and create employment opportunities across multiple sectors.
— news from المصري اليوم