Egypt and Qatar have agreed to work toward a package of USD 7.5 billion (EGP 383.38 billion) in direct Qatari investments in Egypt, the two countries announced in a joint statement on Monday, 14 April. The agreement follows President Abdel Fattah El-Sisi’s official visit to Doha, part of a two-leg Gulf tour that also includes Kuwait. El-Sisi held talks with Qatari Emir Sheikh Tamim bin Hamad Al Thani during the visit, with discussions focusing on strengthening economic cooperation and regional mediation efforts. According to the statement, the two sides emphasized their commitment to enhancing bilateral relations and expanding economic partnership in a way that serves the aspirations of both peoples. The two nations agreed to move forward with the direct investment package, though no further details on its implementation were disclosed. In addition to economic cooperation, the leaders discussed efforts to end the ongoing war in Gaza. Egypt and Qatar reiterated their backing of the Arab plan for Gaza reconstruction and affirmed support for Egypt’s upcoming international conference to coordinate post-war recovery efforts in the Strip. The statement further highlighted Egypt and Qatar’s continued role in mediating ceasefire negotiations inContinue reading "Egypt, Qatar Agree to $7.5 Billion Investment Package, Reaffirm Support for Gaza Ceasefire"
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