Egypt planning new investments with Qatar, says minister

Egyptian Minister of Trade and Industry Nevin Gamea. (Twitter Photo)
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Updated 22 June 2022
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Egypt planning new investments with Qatar, says minister

  • Cairo, Doha launch joint business council to strengthen economic relations
  • Egyptian minister Nevin Gamea said that she had floated a proposal for an Egyptian exhibition in Doha

CAIRO: Egypt and Qatar are holding talks to expand investments in new areas and increase their volume, especially in the energy sector, said Egyptian Minister of Trade and Industry Nevin Gamea.

During her participation in the Qatar Economic Forum in Doha, Gamea said: “During my current visit to Doha, I presented investment opportunities to the Qatari side in the field of manufacturing industries, specialized industries, textiles and leather industries as a kind of partnership between the two sides.”

She added: “There is communication between the two sides to create the climate for opening the capital of Egyptian companies to the Qatari business sector.”

Gamea said that current Qatari investments are focused on real estate, hotels and tourism, noting that there is a common desire to enhance these investments to reflect the good relations between Qatar and Egypt.

The minister met with officials in the Free Zones Authority, the Qatar Investment Authority and the Qatari Businessmen Association.

Gamea also revealed plans to launch a joint business council between the two countries, which will consist of businessmen strengthening relations in economy, investment and trade.

The Egyptian minister said that she had floated a proposal for an Egyptian exhibition in Doha to sell products in Qatar with the Qatari Minister of Commerce and Industry Mohammed bin Hamad bin Qassim Al Thani and the Qatari Businessmen Association.

Gamea said: “This will contribute to increasing the volume of trade exchange between the two countries, which is modest and does not rise to the size of the relations between the two countries. Therefore, there is interest on both sides to increase trade exchange by searching for new opportunities and prospects for cooperation in this aspect.”


MSF will keep operating in Gaza ‘as long as we can’: mission head

Updated 58 min 40 sec ago
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MSF will keep operating in Gaza ‘as long as we can’: mission head

  • The head of Doctors Without Borders in the Palestinian territories told AFP the charity would continue working in Gaza for as long as possible

AMMAN:The head of Doctors Without Borders in the Palestinian territories told AFP the charity would continue working in Gaza for as long as possible, following an Israeli decision to end its activities there.
In early February, Israel announced it was terminating all the activities in Gaza by the medical charity, known by its French acronym MSF, after it failed to provide a list of its Palestinian staff.
MSF has slammed the move, which takes effect on March 1, as a “pretext” to obstruct aid.
“For the time being, we are still working in Gaza, and we plan to keep running our operations as long as we can,” Filipe Ribeiro told AFP in Amman, but said operations were already facing challenges.
“Since the beginning of January, we are not anymore in the capacity to get international staff inside Gaza. The Israeli authorities actually denied any entry to Gaza, but also to the West Bank,” he said.
Ribeiro added that MSF’s ability to bring medical supplies into Gaza had also been impacted.
“They’re not allowed for now, but we have some stocks in our pharmacies that will allow us to keep running operations for time being,” he said.
“We do have teams in Gaza that are still working, both national and international, and we have stocks.”
In December, Israel announced it would prevent 37 aid organizations, including MSF, from working in Gaza from March 1 for failing to submit detailed information about their Palestinian employees, drawing widespread condemnation from NGOs and the United Nations.
It had alleged that two MSF employees had links with Palestinian militant groups Hamas and Islamic Jihad, which the medical charity has repeatedly and vehemently denied.
MSF says it did not provide the names of its Palestinian staff because Israeli authorities offered no assurances regarding their safety.
Ribeiro warned of the massive impact the termination of MSF’s operations would have for health care in war-shattered Gaza.
“MSF is one of the biggest actors when it comes to the health provision in Gaza and the West Bank, and if we are obliged to leave, then we will create a huge void in Gaza,” he said.
The charity says it currently provides at least 20 percent of hospital beds in the territory and operates around 20 health centers.
In 2025 alone, it carried out more than 800,000 medical consultations, treated more than 100,000 trauma cases and assisted more than 10,000 infant deliveries.