*Egyptian president meets FM Qatari-Egyptian Joint Committee to enhance co-operation formed QatarEnergy acquires 40% stake in exploration block offshore Egypt
Qatar and Egypt have agreed on a set of investments and partnerships in Egypt, totaling $5bn in the coming period.
This came during a meeting held Tuesday in Cairo between Egyptian Prime Minister Dr Mostafa Madbouly and HE the Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani and HE the Minister of Finance Ali bin Ahmed al-Kuwari.
The meeting dealt with a review of bilateral relations between the two brotherly countries and the importance of strengthening co-operation and co-ordination between them in various fields.
The two sides praised the step of forming a joint higher committee headed by the foreign ministers of the two countries with the aim of continuous consultation and strengthening co-operation and co-ordination in all fields.
President of the Arab Republic of Egypt Abdel Fattah al-Sisi met Tuesday in Cairo with HE the Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani.
At the outset of the meeting, HE Sheikh Mohamed conveyed the greetings of His Highness the Amir Sheikh Tamim bin Hamad al-Thani to the Egyptian president and the Amir's wishes of good health and happiness to him and further development and prosperity to the Egyptian people.
For his part, al-Sisi entrusted HE the Deputy Prime Minister and Minister of Foreign Affairs with his greetings to the Amir and his wishes of good health and happiness to the Amir and further progress and development to the Qatari people.
They reviewed bilateral relations between the two countries, in addition to a number of issues of common interest.
Earlier, Qatar and Egypt announced, in a joint statement, their decision to form a joint committee headed by their foreign ministers for enhanced co-ordination.
The announcement came during a meeting held on Monday in Cairo between HE Sheikh Mohamed and Egyptian Minister of Foreign Affairs Sameh Shoukry.
Both parties valued the level reached in bilateral relations and their return to the normal state and solid origin.
QatarEnergy has entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.
Under the terms of the agreement, which is subject to customary approvals by the government of Egypt, QatarEnergy will hold a 40% working interest in the contractors share in the North Marakia Offshore Block in the Mediterranean Sea, while an affiliate of ExxonMobil (Operator) will hold the remaining 60% working interest.
This came during a meeting held Tuesday in Cairo between Egyptian Prime Minister Dr Mostafa Madbouly and HE the Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani and HE the Minister of Finance Ali bin Ahmed al-Kuwari.
The meeting dealt with a review of bilateral relations between the two brotherly countries and the importance of strengthening co-operation and co-ordination between them in various fields.
The two sides praised the step of forming a joint higher committee headed by the foreign ministers of the two countries with the aim of continuous consultation and strengthening co-operation and co-ordination in all fields.
President of the Arab Republic of Egypt Abdel Fattah al-Sisi met Tuesday in Cairo with HE the Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani.
At the outset of the meeting, HE Sheikh Mohamed conveyed the greetings of His Highness the Amir Sheikh Tamim bin Hamad al-Thani to the Egyptian president and the Amir's wishes of good health and happiness to him and further development and prosperity to the Egyptian people.
For his part, al-Sisi entrusted HE the Deputy Prime Minister and Minister of Foreign Affairs with his greetings to the Amir and his wishes of good health and happiness to the Amir and further progress and development to the Qatari people.
They reviewed bilateral relations between the two countries, in addition to a number of issues of common interest.
Earlier, Qatar and Egypt announced, in a joint statement, their decision to form a joint committee headed by their foreign ministers for enhanced co-ordination.
The announcement came during a meeting held on Monday in Cairo between HE Sheikh Mohamed and Egyptian Minister of Foreign Affairs Sameh Shoukry.
Both parties valued the level reached in bilateral relations and their return to the normal state and solid origin.
QatarEnergy has entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.
Under the terms of the agreement, which is subject to customary approvals by the government of Egypt, QatarEnergy will hold a 40% working interest in the contractors share in the North Marakia Offshore Block in the Mediterranean Sea, while an affiliate of ExxonMobil (Operator) will hold the remaining 60% working interest.
