Last Update 15:26
Saturday, 21 September 2019

Qatar investment in Egypt up 74 pct in first quarter

Gas-rich emirate poured $13.2 million into Egypt's economy between January and March

Ahram Online, Sunday 15 Jul 2012
Share/Bookmark
Views: 910
Share/Bookmark
Views: 910

Qatari investments in Egypt climbed 74 per cent in the first quarter of 2012, data from the Central Bank of Egypt showed on Sunday.

Investment from the gas-rich emirate climbed to $13.2 million in the period between January and March 2012, up from the $3.4 million it injected into Egypt in the previous three months.
 
In the immediate aftermath of ex-president Hosni Mubarak's overthrow, Qatar -- the world's richest nation per capita -- said it was prepared to invest $5 billion to $10 billion in various projects to support Egypt's economy and create jobs.
Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.