Sheikh Khalifa Al Thani: The Growth of Trade Exchange between Egypt and Qatar is 50 percent

  • Alexandria, Arab Republic of Egypt
  • 17 October 2022
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The Chairman of the Qatar Chamber, Sheikh Khalifa bin Jassim Al Thani, revealed that the volume of trade exchange between Qatar and Egypt will grow by 50 percent in 2021.

This came on the sidelines of Qatar Chamber's participation in the Alexandria Chamber's celebration of the 100th anniversary of its establishment, and the celebration of the Federation of Chambers of Commerce and Industry in the Mediterranean Basin (ESCami), which was established 40 years ago.

He pointed out that "there are good relations between the Chambers of Qatar and Alexandria, and there is close cooperation between the two parties through the distinguished relations between the Qatar Chamber and the Federation of Egyptian Chambers, as well as through joint coordination within their membership in the Union of Arab Chambers."

He noted the role of the private sector in pushing trade and economic relations between the two countries forward, "as it contributed to the promotion of trade exchange, which achieved a growth of 50% during the past year, reaching about 239 million riyals, compared to 159 million riyals in the year 2020," he affirmed the desire of the Qatari and Egyptian sides to enhance trade and investment cooperation through the establishment of mutual and joint projects in various economic sectors.

Source (Al-Raya Qatari Newspaper, Edited)