Egypt’s President Abdel Fattah Al-Sisi and Qatari Emir Sheikh Tamim bin Hamad Al Thani signed on Wednesday, 14 September, three memoranda of understanding (MoUs) in Qatar, Doha, with the aim of strengthening cooperation between the two countries, a statement by the presidency said. The three MoUs were signed between the Sovereign Fund of Egypt and the Qatar Investment Authority, in the hopes of enhancing cooperation in the field of ports, as well as the Egyptian Ministry of Social Solidarity and the Qatari Ministry of Social Development for cooperation in the field of social affairs. On the same day, Al-Sisi held a meeting with representatives from the Qatari Business Association, and underscored Egypt’s commitment to foster closer economic and trade cooperation with Qatar’s business community and private companies, particularly in the sectors of renewable energy, tourism, construction, real estate, agriculture and healthcare. President Al-Sisi also gave an interview to the Qatar News Agency (QNA), where he expressed that the upcoming Arab League Summit, scheduled to be held in November in Algeria, comes at a critical time for Arab countries, as they are collectively facing a number of multiple crises. Following diplomatic…
Egypt Signs Agreements with Qatar to Boost Investment Amid Financial Constraints
September 15, 2022
