Qatar's investments in Egypt witness significant growth - new prospects for future cooperation

Doha, Qatar: The Qatar Egypt relationship has been dynamically thriving at the economic level throughout the past three years, especially in the area...

Doha, Qatar: The Qatar-Egypt relationship has been dynamically thriving at the economic level throughout the past three years, especially in the area if investment, thereby promoting their volume of trade exchange and increasing the shared investments, by virtue of the State of Qatar' success in diversifying its economy.

In addition, Egypt's large investments have been increased in multiple fields amid unwavering efforts to expand investments between the two sisterly countries in critical areas during the coming period.

The two nations intensified their talks and mutual visits to give impetus to cooperation in investment, culminating in the visit of HE Deputy Prime Minister for Industrial Development and Minister of Transport and Industry of the Arab Republic of Egypt, Lt. Gen. Kamel Abdelhadi El Wazir this week to participated in the fifth meeting of the Higher Committee for Integrated Industrial Partnership for Sustainable Economic Development.

On the margins of this meeting, His Excellency met with HE Minister of Transport Sheikh Mohammed bin Abdullah bin Mohammed Al-Thani and discussed relations of bilateral cooperation in transportation and ports, in addition to avenues for strengthening them, particularly through leveraging eco-friendly technologies in the sectors of land transportation services and the development of maritime navigation activities.

HE Chairman of Qatar Chamber, Sheikh Khalifa bin Jassim Al-Thani met with HE the Deputy Prime Minister for Industrial Development and Minister of Transport and Industry of Egypt. The meeting was attended by Head of the Federation of Egyptian Industries, Eng. Mohamed Zaki Al Suwaidi, and HE Ambassador of the Republic of Egypt to Qatar Amr Al Sherbini.