Egypt now officially has a new Qatari ambassador after Salem bin Mubarak Al Shafi presented yesterday his credentials to Egypt’s Foreign Minister Sameh Shoukry, according to a Qatari foreign ministrystatement. The move is the latest signal of rapprochement between Egypt and Qatar after they re-established diplomatic ties earlier this year, following their severing in 2017 over Doha’s continued support for the Ikhwan.
More from Enterprise
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Ceasefire optimism triggers EGX30 rally and EGP recovery
The EGP gained around 2.5% on the greenback by the…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…