Qatar to Invest $18 Billion in Egypt to Boost Ailing Economy

Qatar to Invest $18 Billion in Egypt to Boost Ailing Economy

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egypt flag waving by Kodak-Agfa-flickr-CCEgypt’s prime minister says Qatar has agreed to invest $18 billion in Egypt over the next five years.

The funds aim to help revive Egypt’s battered economy and lure back foreign investment that has all but disappeared since last year’s uprising.

(READ the AP story in the Washington Post)

Photo by Kodak-Agfa on Flickr-CC

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