Qatari Emir Sheikh Tamim bin Hamad Al Thani and Egyptian President Abdel Fattah el-Sisi signed numerous deals in Doha.
Published On 14 Sep 2022
Egyptian President Abdel Fattah el-Sisi has concluded his two-day stop by at Qatar following a ending up in the Gulf states emir, Sheikh Tamim bin Hamad Al Thani, and the signing of several deals between your two countries.
In 2017, Egypt, alongside Saudi Arabia, the United Arab Emirates and Bahrain, boycotted Qatar so that they can force Doha to improve its regional policies.
The boycott ended in 2021 once the four countries normalised relations with Qatar.
Wednesdays meeting between Sheikh Tamim and el-Sisi saw the signing of three memorandums of understanding, including one between their respective sovereign wealth funds.
In a tweet on Wednesday, Sheikh Tamim said: I was pleased by the stop by at Doha by my buddy President Abdel Fattah el-Sisi, which strengthened Qatari-Egyptian relations and allowed us to go over methods to achieve the aspirations of our two brotherly peoples in strengthening those relations, aswell serving the sources of our Arab and Islamic nations, and supporting security, peace and stability inside our region.
(@TamimBinHamad) September 14, 2022
This weeks visit was el-Sisis first since becoming Egypts president in 2014, after overthrowing the prior president, Mohammed Morsi, in a military coup. Morsi had warm relations with Qatar.
Egypt has been wanting to attract foreign investment because the country faces a shortage of food supplies in the wake of the war in Ukraine, along with other economic problems.
In late March, the Egyptian government said Qatar planned to get $5bn in Egypt, while hydrocarbon giant QatarEnergy announced an agreement with USA energy company ExxonMobil to get a 40 percent stake in a gas exploration block off Egypt in the MEDITERRANEAN AND BEYOND.
Around 350,000 Egyptians work in Qatar, sending home hundreds huge amount of money in remittances annually.
Al Jazeera and news agencies