Qatar says to invest $18 billion in Egypt economy

CAIRO (Reuters) – Qatar said on Thursday it would invest $18 billion (11.3 billion pounds) dollars in tourism and industry projects along Egypt’s Mediterranean coast over the next five years, the latest pledge of support to an economy hammered by a year and a half of political turmoil. The projects include $8 billion for gas, power and iron and steel plants at the northern entrance to the Suez …
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