Qatar and Egypt agreed to work towards a package of direct Qatari investments with a total value of $ 7.5 billion to be implemented during the next stage, according to a joint statement conveyed by the Qatar News Agency (Qena).
The statement did not provide more details about the planned package. This pledge came during the visit of Egyptian President Abdel Fattah El -Sisi on Sunday to Qatar, where he met with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.
A joint statement between a state #Qatar And the republic #Egypt Arabic#Qena pic.twitter.com/1cb0ms0k2
– The Qatar News Agency (@qatarnwsagency) April 14, 2025
Economic cooperation
The two parties stressed the importance of enhancing economic cooperation between the two countries, and it was agreed to continue joint work towards enhancing investment and economic exchange areas.
The declared Qatari investments reflect the importance of enhancing economic cooperation between the two countries “, by” continuing joint work towards enhancing the fields of investment and economic exchange in a way that reflects the political will between the two countries and contributes to supporting sustainable economic development that serves the aspirations of the two brotherly peoples, “according to the same statement.
Egypt, the largest Arab country in terms of population, takes preliminary steps to get out of the worst economic crisis in its history, but it remains burdened with external debts has doubled 4 times since 2015, and the war in Gaza has also contributed to the exacerbation of economic difficulties in Egypt.
