Sheikh Khalifa Al Thani Discusses in Egypt Strengthening Economic and Investment Relations

  • Cairo, Arab Republic of Egypt
  • 22 September 2022
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The President of Qatar Chamber, Sheikh Khalifa bin Jassim bin Mohammed Al Thani, discussed with the Egyptian Minister of Trade and Industry Ahmed Samir, on the sidelines of his participation in the Arab Labor Conference, which is being held in Cairo, the role of the private sector in strengthening trade relations between the two countries, in addition to ways to provide facilities for Qatari companies to expand their investments in Egypt, and to develop economic and investment relations between the two countries.

Minister Ahmed Samir drew attention to the consensus of visions between Egypt and the State of Qatar regarding the importance of maximizing the benefit of the two countries enormous industrial and commercial components, and the extent to which they are translated into joint projects that contribute to the advancement of their economies. He expressed readiness to remove all obstacles for Qatari companies and investors to encourage them to expand current investments and pump new investments into the Egyptian market in the near future. He pointed out the importance of the role played by the business community in the two countries in strengthening cooperation frameworks, establishing more joint investment projects, and creating more job opportunities.

For his part, Sheikh Khalifa bin Jassim Al Thani stressed the depth of the brotherly relations between the two countries, especially the trade relations that are witnessing a remarkable development, as trade exchange has risen by more than 50 percent during the past year.

He pointed out the Qatar Chamber's keenness to enhance its cooperation with the private sector in Egypt to establish joint projects that benefit the Qatari and Egyptian economies. He pointed out that "there are great opportunities to enhance cooperation at the regional and international levels through the membership of Qatar and Egypt in the Federation of Arab Chambers and the Islamic Chamber and several joint Arab and international chambers of commerce, which allows for the establishment of partnerships and joint projects in other countries."

Source (Al-Raya Qatari Newspaper, Edited)

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