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Egypt, Qatar sign 3 MoUs in Doha to boost cooperation: Egyptian presidency

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

Egypt | Qatar | Doha

IANS  |  Cairo 

Egypt - Qatar
Egypt - Qatar

and 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 for investment and development and the 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.

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

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

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 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 since mid-2017.




(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, September 15 2022. 08:55 IST