Egypt, Qatar ink key deals to boost ties

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The two leaders discussed ways to foster closer cooperation between Egypt and Qatar and to increase their joint trade, economic, and investment relations…reports Asian Lite News

Egypt and Qatar signed three memoranda of understanding (MoUs) in Doha, the Egyptian presidency said in a statement.

Qatari Emir Sheikh Tamim bin Hamad Al Thani and visiting Egyptian President Abdel-Fattah al-Sisi witnessed the signing of the MoU between the Sovereign Fund of Egypt for investment and development and the Qatar Investment Authority, the statement added on Wednesday.

Another deal was signed in the field of social affairs between the Egyptian Ministry of Social Solidarity and the Qatari Ministry of Social Development, Xinhua news agency reported.

The third MoU was signed for cooperation in the field of ports between the two countries, it said.

“The visit culminates the recent trajectory of excellence in Egyptian-Qatari relations,” said Egypt’s Presidency Spokesperson Bassam Rady.

Sheikh Tamim and Sisi held an official talks session at the Amiri Diwan on Wednesday morning.

The two leaders discussed ways to foster closer cooperation between Egypt and Qatar and to increase their joint trade, economic, and investment relations, the statement added.

Their meeting also tackled developments in Arab regional and international issues of mutual interest, it said.

The Egyptian President expressed his thanks and appreciation to Sheikh Tamim for the warm reception and hospitality, hoping to strengthen relations between the two fraternal countries and push them to broader horizons at all levels.

During the session, they discussed bilateral relations between the two countries and ways to enhance and develop them in various fields, especially in the field of investment, transport and social affairs, in addition to discussing several current regional and international issues of common concern.

The session was also attended by Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al-Thani, Chief of Amiri Diwan Sheikh Saoud bin Abdulrahman Al-Thani, Minister of State for Energy Affairs Saad bin Sherida Al Kaabi, and Minister of Commerce and Industry Sheikh Mohammed bin Hamad bin Qassim Al-Thani.

On the Egyptian side, Minister of Foreign Affairs Sameh Shoukry, Minister of Petroleum and Mineral Resources Eng. Tarek El-Molla, Minister of Planning and Economic Development Dr. Hala El-Said, HE Chief of the President’s Office Major General Ahmed Mohammed Ali, and a number of senior officials attended the session.

Sheikh Tamim hosted a luncheon banquet in honour of President Sisi and the accompanying delegation.

Sisi’s two-day visit to Qatar is the first-of-its-kind in four years.

The Qatari emir visited Cairo in June. In late March, Cairo and Doha agreed to invest $5 billion in Egypt.

In January 2021, the Arab quartet of Egypt, Saudi Arabia, the United Arab Emirates, and Bahrain signed the Al-Ula Declaration with Qatar, ending their all-around boycott of Doha since mid-2017.

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