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Egypt Approves Investment Zone for Qatari Diar’s $29.7bn Alam Al Roum Project

Summary by meobserver.news
CAIRO — Egypt’s Cabinet has approved a draft prime-ministerial decree establishing an investment zone for Qatari Diar’s $29.7bn Alam Al Roum development on the Mediterranean coast, providing a dedicated administrative and licensing framework for the already-launched project. The zone covers about 4,900 feddans, equivalent to 20.6mn sq m, along the Alexandria–Matrouh coastal road and is […]
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On Wednesday, the Council of Ministers approved the draft decision of the Prime Minister on the establishment of the investment zone of the Qatari Development Corporation for the Development of Physicals (CDI). The draft resolution includes the implementation of the area on the equivalent of approximately 4,900 acres by Alexandria, where it will be devoted to the establishment of activities (residential, commercial, administrative, and service-o…

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alborsaanews.com broke the news on Wednesday, September 16, 2026.
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