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Madbouly welcomes launch of Egyptian Qatari business forum

Madbouly welcomes launch of Egyptian Qatari business forum

Arab Finance: The Egyptian Prime Minister Mostafa Madbouly welcomed the launch of an Egyptian-Qatari business forum on a mutually agreed date, according to an official statement on September 28th.

Madbouly held a meeting with the Qatari Ambassador to Egypt Salem Mubarak Al-Shafi.

Al-Shafi said that the coming period will witness an increase in the volume of Qatari investment in Egypt.

Moreover, Madbouly announced that President Abdel Fattah El-Sisi directed the government to facilitate all procedures for Qatari people seeking to invest in Egypt.

It is worth noting that the trade between Qatar and Egypt reached $44.8 million in 2021, up from $25.4 million in 2020.

On September 13th, El-Sisi flew to Doha to begin an official two-day visit, which was his first to Qatar.

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