Emir of Qatar Sheikh Tamim bin Hamad Al Thani asserted Monday his country’s keenness on boosting economic relations with Egypt and upping the volume of Qatari investments in it.

The Egyptian economy has been running very good and smoothly over the past years and Egypt has achieved a rapid and tangible progress in several sectors, but Covid-19 and the Russian-Ukrainian crisis have taken their toll on Egypt like other world countries, added the Qatari emir while receiving Prime Minister Moustafa Madbouli on Monday.

Sheikh Tamim hailed development and positive momentum in bilateral ties binding Egypt and Qatar, saying the Egyptian state has great potentials despite world crises and it is important to maintain development plans and efforts.

For his part, Madbouli reviewed Egypt’s ongoing efforts to encourage local and foreign investments and promote the role of the private sector, in addition to several investment opportunities in the country.

Source: State Information Service Egypt