Egypt And Qatar Strike Deal To Develop Luxury Tourism Project Along The Mediterranean Coast, With Plans For Exclusive Resorts And High-End Real Estate

Published on November 9, 2025

Egypt and Qatar have formed a strategic partnership to develop a luxury real estate and tourism hub along Egypt’s Mediterranean coast, marking a significant step in bolstering Egypt’s economic growth and diversifying its tourism offerings. This collaboration, part of Qatar’s $7.5 billion investment pledge to Egypt, aims to transform Alam Al-Roum into a world-class destination with luxury resorts, golf courses, marinas, and high-end residential developments. With substantial investments from Qatari Diar, the project is poised to boost Egypt’s tourism sector, attract foreign investments, and create thousands of jobs, contributing to the country’s long-term economic stability.

In a strategic move aimed at bolstering Egypt’s economy and tourism sector, Egypt and Qatar have entered into a groundbreaking partnership to develop a luxury real estate and tourism project along Egypt’s Mediterranean coast. This new collaboration promises to create a high-end, world-class destination in Alam Al-Roum, an undeveloped 7-kilometer stretch of coastline located 480 kilometers northwest of Cairo. This project is part of Qatar’s broader $7.5 billion investment pledge to Egypt, a vital step in strengthening economic ties between the two nations.

A New Era of Investment in Egypt

The project, led by Qatari Diar – the real estate arm of Qatar’s sovereign wealth fund – is set to transform the Mediterranean coastline with a mix of luxury residential units, high-end resorts, marinas, and golf courses. With a total projected investment amounting to billions, the project aims to position Egypt as a premier destination for international tourists and investors, marking a significant step in the country’s long-term strategy for economic development.

The agreement, signed on Thursday in Egypt’s New Administrative Capital, marks a major milestone in strengthening the relationship between Egypt and Qatar. The project’s development will not only boost Egypt’s real estate sector but also enhance its tourism infrastructure, both of which are critical to the country’s economic growth.

Key Project Features and Investment Breakdown

Qatari Diar’s investment in Egypt will be substantial, with a total estimated at $29.7 billion. The project will include the construction of luxury resorts, residential communities, and recreational facilities such as marinas and golf courses, providing a mix of leisure and residential offerings that appeal to high-net-worth individuals and international tourists. Additionally, the project is set to include sustainable tourism infrastructure, which aligns with Egypt’s broader vision of expanding its tourism offerings while promoting eco-friendly practices.

As part of the deal, Egypt will receive housing units valued at $1.8 billion. In return, Egypt will also receive 15% of the project’s profits once Qatari Diar recoups its investment. This profit-sharing model ensures that Egypt benefits from the long-term success of the project, while Qatar’s investment is safeguarded.

The Egyptian government has also negotiated a significant land deal, with Qatar set to pay $3.5 billion for the land allocated for the project. This payment, which is scheduled for December, will be classified as fresh foreign direct investment (FDI) rather than a deposit, a key factor in addressing Egypt’s foreign debt and financial challenges.

Boosting Egypt’s Economy and Tourism

This new partnership comes at a time when Egypt is seeking to diversify its economy and attract foreign investment to combat its growing foreign debt and widening budget deficit. The project’s expected positive impact on Egypt’s economy is multi-faceted. It will generate thousands of jobs, both directly and indirectly, in sectors such as construction, hospitality, real estate, and services. The development of such a high-profile project is also likely to attract additional investments, both from Qatar and other international stakeholders.

For Egypt, this project presents a golden opportunity to rejuvenate its tourism sector. Egypt has long been a top destination for travelers, thanks to its rich history, ancient monuments, and breathtaking landscapes. However, the tourism sector has struggled in recent years due to political instability, the COVID-19 pandemic, and global economic challenges. This new development offers a chance to reposition Egypt as a luxury destination, attracting a different kind of tourist – those seeking high-end, exclusive experiences, such as luxury resorts, golf vacations, and waterfront living.

The luxury real estate development will also offer Egypt a chance to tap into the growing global market for second homes and vacation properties. With affluent buyers increasingly looking for properties in scenic coastal locations, Alam Al-Roum’s location along the Mediterranean makes it an attractive investment. This influx of luxury residences will appeal to investors looking for premium assets in one of the world’s most historic and culturally significant regions.

Qatar’s Expanding Role in Egypt’s Real Estate Sector

Qatar’s involvement in Egypt is not new. The country’s real estate arm, Qatari Diar, already holds several prominent properties in Egypt, including the iconic St. Regis Cairo hotel and major residential developments such as CityGate and NEWGIZA on the outskirts of Cairo. This new partnership deepens Qatar’s real estate presence in Egypt, further solidifying its position as a key investor in the country’s booming property market.

The collaboration between the two nations builds on a history of mutual cooperation, with Qatar having invested heavily in Egypt’s economy over the past decade. By further expanding its portfolio with this luxury development along the Mediterranean coast, Qatar is also positioning itself as a leader in the region’s luxury real estate market, catering to a high-end clientele that demands exclusive experiences and world-class amenities.

The Alam Al-Roum Development: A Vision for the Future

The development of Alam Al-Roum represents a vision for the future of Egypt’s tourism and real estate sectors. The 7-kilometer stretch of coastline, once relatively unknown, is now poised to become a luxurious hotspot for tourists and residents alike. The project will combine the natural beauty of Egypt’s Mediterranean coast with modern infrastructure, including luxury resorts, marinas, and golf courses designed to attract affluent travelers seeking an exclusive experience.

A key feature of the development will be its integration with the surrounding environment, which is expected to include sustainable construction practices and eco-friendly tourism solutions. This focus on sustainability reflects Egypt’s broader vision for a greener tourism sector, ensuring that the development not only benefits the economy but also preserves the natural beauty of the area.

The marina and golf course additions will serve as major attractions for international tourists, especially those from Europe and the Gulf region, who are increasingly looking for luxury vacation destinations that offer a combination of natural beauty and high-end amenities. The integration of these amenities will likely position Alam Al-Roum as a key destination for both leisure and residential tourism.

Long-Term Economic and Strategic Benefits for Egypt

The strategic benefits of this partnership for Egypt are significant. Not only will the project provide a much-needed boost to the tourism sector, but it will also enhance Egypt’s real estate market, generating substantial revenue from both domestic and international buyers. With Qatar’s significant financial backing, Egypt is well-positioned to overcome its current economic challenges, attracting further foreign investments that will help alleviate its debt burden.

Additionally, the successful completion of the Alam Al-Roum project could pave the way for similar developments in other coastal areas across Egypt, further solidifying the country’s place as a global hub for luxury tourism and real estate.

The partnership between Egypt and Qatar represents more than just a real estate project – it signifies a shared vision for the future of Egypt’s economy and tourism industry. With billions in investment and the promise of high-end, sustainable development, the Alam Al-Roum project is poised to become a beacon of success for both nations.

Egypt and Qatar have partnered to develop a luxury real estate and tourism hub along Egypt’s Mediterranean coast, a move aimed at boosting Egypt’s economy and tourism sector. This collaboration, part of Qatar’s $7.5 billion investment pledge, will transform Alam Al-Roum into a premier destination with luxury resorts and high-end amenities.

By combining Qatar’s financial strength and expertise in luxury real estate with Egypt’s rich cultural and natural assets, the partnership sets a new precedent for future collaboration. As the Mediterranean coast transforms into a world-class destination, both Egypt and Qatar stand to benefit from the long-term economic and strategic advantages of this landmark agreement.