Qatar doubles down on Egypt’s coastline with $3.5B land buy

semafor.com/article/11/07/2025/qatar-doubles-down-on-egypts-coastline-buys-land-for-35b

Gulf countries have a healthy — and luxurious — competition going on Egypt’s long Mediterranean coast.
Qatari Diar agreed to pay $3.5 billion for the rights to an area of land about a third the size of Manhattan in Matruh province, the same region where the UAE’s state-owned Modon…

This story appeared on semafor.com, 2025-11-07 13:09:26.
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