Cairo: Minister of Finance, Ahmed Kouchouk, affirmed on Sunday, November 9, 2025, that the government is directing a significant share of the exceptional revenues from recent strategic investment agreements toward lowering public debt. He noted that the debt of budget-funded entities has already declined by roughly ten percent of GDP over the past two years, even as average debt levels among emerging economies increased by about seven percent during the same period.
According to State Information Service Egypt, Kouchouk pointed to the North Coast as an increasingly attractive hub for tourism, real estate, and service-oriented investment, generating sustainable long-term returns for the national economy. He highlighted the Ras El Hekma and Alam El Rum projects as clear indicators of Egypt's growing competitiveness and improved investment climate. He also underscored the Egyptian-Qatari partnership as a model of long-term, mutually beneficial cooperation.
The project is set to provide a direct cash inflow of 3.5 billion dollars before the end of December, alongside an in-kind contribution valued at 1.8 billion dollars, in addition to granting the New Urban Communities Authority fifteen percent of the project's net profits. Total anticipated Qatari investment in the project is estimated at approximately 29.7 billion dollars, supporting a strong increase in foreign direct investment inflows.
Kouchouk emphasized that these initiatives are part of Egypt's wider strategy to strengthen regional and Arab economic partnerships by attracting large-scale, development-focused investments with lasting returns. He added that both regional and international investors now see a diverse and promising landscape of opportunities within the Egyptian economy.
He concluded by noting that the private sector has demonstrated strong confidence in the economy's potential and the current investment environment, contributing to the execution of major investment agreements.