Egypt, Qatar trade and investment cooperation

A reliable Cabinet source said yesterday that the memorandum of understanding signed by Prime Minister Atef Ebeid and Qatari Foreign Minister Sheikh Hamad Bin Jassem Al Khalifa to promote trade and investment relations between the two states included the provision of facilities to Qatari investments in the exclusive economic zone north of the Gulf of Suez.

The source said that the memo included carrying out Qatari investment plans in the Gulf of Sidi Abdel Rahman in Alamein, in addition to a program on training technicians and skilled laborers necessary to carry out projects in Qatar.

According to the agreement, a delegation of the Qatari travel agencies is expected to visit Egypt this month to survey the tourist potentials in alamein in the northern coast.

A Qatari delegation is expected to visit the exclusive economic zone north of the Gulf of Suez. The delegation includes experts on investment and industry.