Sources for the seventh day said that a package of direct Qatari investments worth $ 7.5 billion will be pumped gradually during the coming period in priority sectors such as tourism, real estate and food security, and that investments in the northern coast region are of great interest from the Qatari side.
The sources indicated that the activation of an investment partnership package worth $ 7.5 billion, comes within the framework of the agreement between Cairo and Doha, which took place last April.
The sources emphasized that the Qatari foreign investment package includes direct Qatari investments in various economic sectors, within the framework of the positive results achieved in the field of infrastructure and creating the business environment in Egypt to be attractive to investors.
The sources pointed out that the Egyptian -Qatari relations are witnessing a qualitative shift in the political, economic and investment fields, and is based on the results of President Abdel Fattah El -Sisi’s visit to Doha last April, which showed the Qatari side’s interest in expanding the economic partnership with Cairo.
The sources emphasized that the idea of ​​transferring part of the current Qatari deposit with the Central Bank of Egypt, which is estimated at about 4 billion dollars, to be part of the $ 7.5 billion investments is the subject of study at the present time.
