{"id":325750,"date":"2022-06-28T13:38:35","date_gmt":"2022-06-28T13:38:35","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=325750"},"modified":"2022-06-28T13:38:35","modified_gmt":"2022-06-28T13:38:35","slug":"qatar-in-talks-to-invest-usd-2-3-bn-in-egypt","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/06\/28\/qatar-in-talks-to-invest-usd-2-3-bn-in-egypt\/","title":{"rendered":"Qatar in talks to invest USD 2-3 bn in Egypt"},"content":{"rendered":"<p>Qatari officials have discussed investing USD 2-3 bn in the local market in talks with the Madbouly government, Finance Minister Mohamed Maait told reporters on the sidelines of Amcham\u2019s annual general meeting yesterday, according to <a href=\"https:\/\/tinyurl.com\/caxeknsk\">Al Mal<\/a>.<\/p>\n<p>The inflows would come in the form of purchases in \u201ccompany stakes and the real estate sector,\u201d Maait said, without providing further details.<\/p>\n<p>That\u2019s only around half of the total investments pledged by Doha, which in March said it would invest USD 5 bn in Egypt to help shore up our finances amid the crisis in Ukraine \u2014 part of more than USD 22 bn of support pledged by Gulf neighbors, led by the KSA and the UAE.<\/p>\n<p><strong>There\u2019s been plenty of promising signs that Qatari inflows are on the way \u2013 but no concrete agreements yet. <\/strong>A landmark visit over the weekend by Qatari Emir Sheikh Tamim bin Hamad Al Thani to Cairo saw him discuss \u201cmaximizing Qatari investments in Egypt.\u201d Trade Minister <a href=\"https:\/\/enterprise.press\/stories\/2022\/06\/22\/its-been-a-big-week-for-diplomacy-74430\/\">Nevine Gamea<\/a> and <a href=\"https:\/\/enterprise.press\/stories\/2022\/06\/08\/qatari-companies-are-looking-to-pour-investments-into-egypt-73100\/\">other officials<\/a> have been in Doha to drum up investment in the past few weeks, where big Qatari names including Ezdan Holding and Qatari Diar expressed their interest. That said, we\u2019re still waiting for Doha firms to sign on the dotted line.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qatari officials have discussed investing USD 2-3 bn in the local market in talks with the Madbouly government, Finance Minister Mohamed Maait told reporters on the sidelines of Amcham\u2019s annual general meeting yesterday, according to Al Mal.<\/p>\n","protected":false},"author":2,"featured_media":321372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,33],"tags":[],"class_list":["post-325750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest","category-main"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Qatar in talks to invest USD 2-3 bn in Egypt - egy-africa<\/title>\n<meta name=\"description\" content=\"Qatari officials have discussed investing USD 2-3 bn in the local market in talks with the Madbouly government, Finance Minister Mohamed Maait told reporters on the sidelines of Amcham\u2019s annual general meeting yesterday, according to Al Mal.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2022\/06\/28\/qatar-in-talks-to-invest-usd-2-3-bn-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar in talks to invest USD 2-3 bn in Egypt - 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