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Al Jazeera
Al Jazeera
Business

Qatar to invest $5bn in Egypt as ties improve

Egypt Qatar Abdel Fattah elSisi Al Thani Mohammed bin Abdulrahman Al Thani Cairo
Qatar Foreign Minister Mohammed bin Abdulrahman Al Thani wrapped up a visit to the Egyptian capital of Cairo, where he met with Egyptian President Abdel Fattah el-Sisi and other government officials [File: Evgenia Novozhenina/Reuters]

Qatar will invest $5bn in Egypt, officials have said, signalling increasing improvement in ties between the two nations.

The announcement came on Tuesday as Qatar Foreign Minister Mohammed bin Abdulrahman Al Thani wrapped up a visit to the Egyptian capital of Cairo, where he met Egyptian President Abdel Fattah el-Sisi and other government officials.

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