Saturday 19 January 2013

Qatar to Invest in Suez Canal - Al-Monitor: the Pulse of the Middle East

Qatar's Finance Minister Yousef Kamal attends the opening session of the Gulf Cooperation Council
(GCC) meeting in Abu Dhabi May 7, 2011. (photo by REUTERS/Rabih El Moghrabi)

Qatar disappeared from the political scene in Egypt for a few hours only to reappear, this time with its best face on: the economic one.
Qatari Finance Minister Yousef Hussain Kamal was received as a guest in Cairo in a previously announced visit. He met with his Egyptian counterpart, Mursi Hijazi, who took office a few days ago. He also met with Prime Minister Hisham Kandil, and held a short press conference in which he announced Qatar’s intention to purchase Egyptian bonds and bills worth $2.5 billion.
Egypt has not yet officially offered these bonds,  nor has it revealed their value.
Qatar to Invest in Suez Canal - Al-Monitor: the Pulse of the Middle East

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