Egypt and Qatar opened a joint business forum Sunday aimed at strengthening economic cooperation and promoting sustainable growth.
Economist Bilal Shuaib said the forum provides a strategic platform for developing joint projects and expanding trade and investment between the two countries.
He noted Arab markets hold vast resources but current trade volumes remain below potential, with Egypt’s annual Arab trade ranging between $27 and $30 billion.
Shuaib predicted a sharp rise in Egyptian‑Qatari trade next year, particularly in tourism, energy and infrastructure.
He cited the $29.7 billion Ras El Hekma project as an example of foreign investment that stabilizes currency reserves, boosts employment and supports GDP growth.
The forum allows business leaders to identify practical areas of cooperation, including agribusiness, renewable energy, manufacturing and tourism.
Shuaib said these sectors enhance food security and economic sustainability while increasing bilateral trade.
He described real estate, infrastructure and banking as the backbone of Egypt’s economy in the short and medium term, adding that fintech offers strong potential for expansion.
Qatari investors have shown interest in major real estate and tourism projects such as the new administrative capital and the North Coast.
Shuaib called the forum a strategic step toward sustainable growth, job creation and stronger returns for both Egypt and Qatar.