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FINANCIAL NEWS
Qatari investments in Egypt protected by law
07 Jun 2017
(MENAFN) All Qatari investments in Egypt are protected by the law, despite Egypt cutting ties with the nation, while many nations, like KSA, Emirates, Bahrain, Yemen and Egypt accused Qatar for supporting terrorism.
Additionally, direct Qatari investments in Egypt did not surpass USD1.1bn, making it the ninth largest Arab investor in Egypt.
Accordingly, the investment and trade deals of the government and the private sector between nations are led by laws, regulations and agreements.
However, Egypt’s investments in Qatar are weak and are worth no more than USD40mn, with the majority of those in construction offices.
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MENAFN0706201700450000ID1095540931
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