Egypt and Qatar are moving closer to activating the USD 7.5 bn Qatari direct investment package, according to a cabinet statement. The meeting between Egyptian Prime Minister Moustafa Madbouly and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al Thani addressed steps to activate the investment package, which was first announced during President Abdel Fattah El Sisi’s visit to Qatar in April, and reviewed ways to facilitate Qatari investments and engagement with Egypt’s business community.

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Egypt and Qatar also signed several agreements during the Qatari prime minister’s visit to the country, including MoUs on cooperation in social ins. and pensions and the establishment of a political consultation mechanism between both countries’ foreign ministries, according to a Foreign Ministry statement. Egyptian Foreign Minister Badr Abdelatty and the Qatari official also discussed increasing Qatari investments in priority sectors such as transport, logistics, food security, industrial localization, renewable energy, tourism, and urban development, alongside plans to form an Egyptian-Qatari Business Council and boost Qatari participation in the upcoming Egypt-Gulf Investment Forum in Cairo.

Egypt and Qatar signed another MoU to boost cooperation in agriculture and food security, according to an Agriculture Ministry statement. The agreement sets out plans for collaboration across plant, animal, fish, and poultry production, greenhouse cultivation, agricultural investment, organic farming, agricultural mechanization, plant and veterinary quarantine, and veterinary research, including the development of vaccines and serums. It also covers joint work in the date palm sector, food supply chains, agricultural marketing, scientific research, capacity building and knowledge exchange programs aimed at strengthening technical and scientific ties in the agricultural sector between the two countries.

The two sides also discussed Gaza and the occupied Palestinian territories, highlighting their joint coordination on efforts to secure a ceasefire, facilitate the release of hostages and prisoners, and ensure the flow of humanitarian aid. They strongly condemned ongoing Israeli military operations, settlement expansion, and policies of starvation, warning that such actions deepen the humanitarian crisis, destabilize the region, and undermine prospects for a just peace. The talks also reviewed developments in Sudan, Yemen, Syria, Libya, Lebanon, the Horn of Africa, the Red Sea, and Iranian nuclear development.

The story got ink from the foreign press: Reuters.

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