More talk of incoming Qatari FDI: Egyptian investment authority GAFI and the Qatari Businessmens’ Association held another in a string of recent meetings to discuss potential investments yesterday, according to a cabinet statement. Members of the Qatari delegation expressed interest in our health and education sectors as well as in building a group of major hotels in the Delta and north Upper Egypt, the statement read. Qatar earlier this year pledged to invest as much as USD 5 bn in Egyptian companies as part of wider Gulf efforts to shore up our economy and provide us with vital FX.
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