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Arab Finance – A real estate investment project on the North Coast between Egypt and Qatar during the next stage


A real estate investment project on the North Coast between Egypt and Qatar during the next stage

Arb Finance: Dr. Mostafa Madbouly, Prime Minister, and Sheikh Mohammed bin Abdul Rahman bin Jassim Al Thani, Prime Minister, chaired the meeting. QatarThe Minister of Foreign Affairs, at the Council of Ministers headquarters in the New Administrative Capital, held an expanded discussion session on ways to support joint cooperation in various fields.

At the beginning of the discussions session, Dr. Mostafa Madbouly expressed his appreciation for the visit of the Qatari Prime Minister to Egypt, accompanied by brothers from the Qatari government, which comes within the framework of the two countries’ keenness to intensify communications and joint coordination between them in various regional files of common interest, in addition to their desire to build on The qualitative shift witnessed in relations between the two countries on various political, economic, and investment levels.

The Prime Minister said: Welcome to Egypt, your second country. We are happy for you to honor us at the Council of Ministers headquarters in the New Administrative Capital.

Dr. Mostafa Madbouly pointed out that the meeting of His Excellency Mr. President Abdel Fattah El-Sisi, President of the Republic, with His Excellency the Prime Minister and Minister of Foreign Affairs of Qatar, was a very fruitful meeting, as the desire of the two countries to enhance joint cooperation in a number of areas was emphasized, in which we look forward to making rapid progress in Implementing it on the ground during the next short period.

The Prime Minister explained that one of the areas of joint cooperation between Egypt and Qatar during the next stage will be through a very important real estate investment project in the North Coast region.

In a related context, Dr. Mustafa Madbouly confirmed that Qatari companies specialized in the field of construction have proven great efficiency during their implementation of projects that took place during the period of Qatar hosting the World Cup and have great experience in the field of real estate development, which is an important opportunity to establish partnerships with them here in Egypt to invest in… This is a promising sector in the Egyptian market, whether on the North Coast or in other regions, or even cooperation with Egyptian construction companies currently working in the African market in many projects.

He added that consultations with the Qatari side confirmed that Cairo and Doha have a real desire to enhance the rates of trade exchange, stressing that the Egyptian side will cooperate with the relevant Qatari authorities to achieve these goals, in light of the great potential that the two countries enjoy.

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