El-Sisi’s Doha visit ends as Egypt and Qatar signal stronger ties | News

Emir of Qatar Sheikh Tamim bin Hamad Al Thani and Egyptian President Abdel Fattah el-Sisi signed several agreements in Doha.

Egyptian President Abdel Fattah el-Sisi ended his two-day visit to Qatar after meeting with the emir of the Gulf state, Sheikh Tamim bin Hamad Al Thani, and signing a number of agreements between the two countries.

Visit, start on tuesdayfollowing the trip of Sheikh Tamim to Egypt in Juneand is a sign of warm relationship.

“[There are] Al Jazeera’s Stefanie Dekker, reporting from the Qatari capital Doha, said. “According to the Qatari news agency, this is a new era in relations between the two countries.”

In 2017, Egypt along with Saudi Arabia, the United Arab Emirates and Bahrain boycotted Qatar in an attempt to force Doha to change its policies in the region.

The boycott ends in 2021 when the four countries normalize relations with Qatar.

Wednesday’s meeting between Sheikh Tamim and el-Sisi saw the signing of three memorandums of understanding, including one between their respective sovereign wealth funds.

This week’s visit is El-Sisi’s first since becoming president of Egypt in 2014, after ousting his predecessor, Mohammed Morsi, in a military coup. Morsi has warm relations with Qatar.

Egypt is struggling to attract foreign investment as it faces a shortage of food supplies due to the war in Ukraine, as well as other economic problems.

In late March, the Egyptian government said Qatar plans to invest $5 billion in Egypt, while gas giant QatarEnergy announced an agreement with US energy company ExxonMobil to buy 40 % stake in a gas exploration block off the coast of Egypt in the Mediterranean Sea.

An estimated 350,000 Egyptians work in Qatar, sending home hundreds of millions of dollars annually.

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