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Friday, September 30, 2022

Al-Sisi’s visit to Doha ended with a signal of strong ties between Egypt and Qatar.

20220925 162253
20220925 162253

Emir of Qatar Sheikh Tamim bin Hamad al-Thani and Egyptian President Abdel Fattah al-Sisi signed several agreements in Doha.

Egyptian President Abdel Fattah al-Sisi has ended his two-day visit to Qatar after meeting with the Emir of the Gulf state, Sheikh Tamim bin Hamad al-Thani, and signing several agreements between the two countries.

The visit, which began on Tuesday, follows Sheikh Tamim’s visit to Egypt in June, and was a sign of warming ties.

“[There are] “There are a lot of deals on the table when it comes to business investment and the economy,” said Al Jazeera’s Stephanie Decker, reporting from Qatar’s capital Doha. It’s a new era.”

In 2017, Egypt, along with Saudi Arabia, the United Arab Emirates and Bahrain, boycotted Qatar in an attempt to force Doha to change its regional policies.

The boycott ended in 2021 when all four countries normalized relations with Qatar.

A meeting between Sheikh Tamim and al-Sisi on Wednesday led to the signing of three memoranda of understanding, including one between their respective sovereign wealth funds.

This week’s visit was al-Sisi’s first since becoming Egypt’s president in 2014, following the ouster of former President Mohamed Morsi in a military coup. Morsi had cordial relations with Qatar.

Egypt is trying to attract foreign investment as the country faces food shortages as a result of the war in Ukraine, as well as other economic problems.

In late March, the Egyptian government said Qatar planned to invest $5 billion in Egypt, with hydrocarbon giant QatarEnergy acquiring a 40 percent stake in a gas exploration block off Egypt in the Mediterranean. has announced an agreement with US energy company ExxonMobil to

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An estimated 350,000 Egyptians work in Qatar, sending hundreds of millions of dollars in remittances annually.

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