On the sidelines of his visit to Qatar, the Chairman of the Egyptian Minister, Dr. Mostafa Madbouly, met with the Chairman of the Board of Directors of Qatar Chamber, Sheikh Khalifa bin Jassim Al Thani, and the First Vice Chairman of the Board of Directors of the Qatari Businessmen Association, Hussein Ibrahim Al-Fardan, in the presence of members of the Board of Directors of Qatar Chamber, the Qatari Businessmen Association, and members of the Egyptian official delegation.
Sheikh bin Jassim hoped that the meeting would achieve its objectives of enhancing joint cooperation, establishing alliances between Qatari and Egyptian companies, and promoting mutual investments to reach higher rates of trade exchange, which has witnessed remarkable development in recent years.
He said: "We are watching with admiration the remarkable developments in the Egyptian economy, and the great boom that Egypt is witnessing, whether in the field of infrastructure or development projects, which provide many investment opportunities for businessmen, which is considered a catalyst for Qatari business owners to direct their investments to the Egyptian market, especially with the presence of feasible opportunities in multiple sectors such as agriculture, food security, industry, real estate, and hospitality." We are confident that the coming period will witness more rapprochement between Qatari and Egyptian businessmen, which will create a solid ground for establishing alliances and commercial partnerships.
For his part, Egyptian Prime Minister Mostafa Madbouly stressed that "the Egyptian state is ready to approve any incentives that would encourage investments in various fields if we are convinced that they will serve investors," pointing out that "the Egyptian state has faced over the past nine years, great political challenges after witnessing two revolutions, and the subsequent state war on terrorism," stressing that "the Egyptian state has set its sights on providing many investment incentives, and the focus has been in this context. on incentives in the fields of agriculture, industry, tourism, as well as advanced industries, which the whole world is currently interested in, such as new and renewable energy, communications and information technology, and other industries, which we aim to focus on in order to reduce the import gap."
Source (Al-Asharq Al-Awsat, Edited)
