The Egyptian Prime Minister meets the Qatari Businessmen
The Egyptian Prime Minister meets the Qatari Businessmen
QBA Members sign cooperation agreements with the Egyptian Ministry of Health & Population
The Qatari Businessmen Association participated in the meeting of H.E. Dr. Mustafa Madbouly, Prime Minister of the Arab Republic of Egypt, in the presence of a number of ministers and heads of Egyptian investment and economic entities. The meeting discussed the incentives and investment opportunities offered by the Egyptian Government in specific sectors and ways to overcome obstacles facing foreign investors, his excellency also discussed other important topics related to the transfer of profits, double taxation, and the stability of the Egyptian currency
From QBA, the meeting was attended by Mr. Hussein Ibrahim Al-Fardan, First deputy to QBA Chairman, Sheikh Nawaf bin Nasser Al Thani, QBA Board member, Mr. Nabil Abu Issa, Mr. Ramez Al-Khayyat, Mr. Faisal Al-Mana, Mr. Maqbool Habib Khalfan, Mr. Ihsan Al-Khiyami, and Mr. Youssef Al Mahmoud QBA Members, in addition to Ms. Sarah Abdullah, Deputy General Manager.
during the meeting, Mr. Hussein Ibrahim Al-Fardan, QBA First Deputy, said that the year 2022 witnessed a great leap in the bilateral relations between both countries, especially after the visit of His Excellency President Abdel Fattah Al-Sisi to Qatar and the visit of His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of the State of Qatar to Cairo, it also witnessed exchanging visits of a number of ministers in the fields of economy, industry and trade, and the Investment Authority.
Al-Fardan added, “The Qatari Businessmen Association worked hard to translate these meetings in Doha into an official visit to Cairo, which we consider successful by all standards, as QBA Chairman and Delegation were met and welcomed by H.E. President Al Sisi in addition to your excellency and a number of esteemed Egyptian Ministers. During the visit, the delegation was able to make a field visit to explore the investment opportunities available in a number of sectors and projects, in addition to the incentives offered by your esteemed government to foreign investors.”
Al-Fardan stressed out that this occasion is an opportunity to pay tribute to the achievements made, confirming that the business community is proud of what has been achieved on ground, and QBA members are willing to explore more investments in the interest of both parties, and that there are actually a number of projects that were discussed during the last visit.
Cooperation and Potential Opportunities
QBA First Deputy also highlighted that Qatar is full of great investment opportunities in the fields of industry, knowledge, tourism, health, education and other sectors, as Qatar offers attractive incentives in free zones, calling on the Egyptian business community to explore them and that QBA is fully prepared to develop this partnership with The Egyptian private sector, which contributes to strengthening the economy of the two countries and forming a strong alliance capable of facing challenges.
During the meeting, the Egyptian Prime Minister, Dr. Mostafa Madbouly, witnessed the signing of a number of cooperation agreements in the healthcare sector between the Egyptian Ministry of Health and Population and two of QBA’s member companies, the agreements were signed by Mr. Rashid Al Mansouri CEO of Aamal Holding Company and Mr. Ramez Al-Khayyat, Vice Chairman of the of Estithmar Holding Company.