Monday 31 January 2011

Qatar has huge investments in Egypt: Businessmen

Qatar has huge investments in Egypt which is currently undergoing a political turmoil.

Although exact estimates are hard to have the investments could run into a few billions of dollars, knowledgeable circles say.

State-backed companies like Qatari Diar and Barwa Real Estate Development companies apart, a lot of Qatari individuals have invested hugely in apartments, farms and small and medium agro-based as well as industrial projects as well.

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