In March, Qatar and Egypt struck investment agreements worth a combined $5 billion, "$3 billion deposited in the Central Bank of Egypt and $2 billion dollars for investment," Egyptian official told Doha News.
Qatar finance minister visits Egypt for first time since Gulf blockade January 7, 2021 at 10:12 am | Published in: Africa, Egypt, Middle East, News, Qatar
Ali Shareef Al-Emadi, Minister of Finance of Qatar in Saint Petersburg, Russia on 6 June 2019. [Sefa Karacan - Anadolu Agency] January 7, 2021 at 10:12 am
Qatari Finance Minister Ali Al-Emadi along with a delegation arrived on Tuesday in the Egyptian capital Cairo for the first time since the start of the Gulf blockade in 2017.
Germany s DPA reported that Al-Emadi was due to attend the inauguration of the luxury St. Regis Hotel – owned by the Qatari Diar. The Nile-side hotel has long stood empty as a result of the blockade.