Egypt, Qatar mull setting up a joint investment fund

RIYADH: Egypt and Qatar are exploring opportunities to set up a joint investment fund, according to Egypt’s Minister of Planning Hala El-Said. 

El-Said’s speech came on the sidelines of Egyptian Prime Mostafa Madbouly’s official visit to Qatar to bolster bilateral cooperation in several fields.

Egypt’s $400 billion economy is under increasing pressure from the shocks caused by Russia’s invasion of Ukraine, which has driven up food and fuel price.