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Thursday, 28 July 2022

Could tensions still thaw with Turkey? Plus: We really like Qatar now, PM says.

Rapprochement between Cairo and Ankara isn’t off the table: Egypt and Turkey could hold high-level talks, with talks between lower-level officials still ongoing, Turkish President Recep Tayyip Erdogan claimed in an interview with a Turkish broadcaster, according to Reuters. Turkey has been making an effort to mend ties with Egypt over the past two years after the two sides broke off diplomatic relations in 2013 after we got rid of the Ikhwan. Turkey’s push to kiss and make up with the UAE and Saudi Arabia is also seeing headway, Erdogan said.

Madbouly wants the love-in with Qatar to start bearing fruit: Prime Minister Moustafa Madbouly has told government officials to work on drawing Qatari investment into the country, cabinet said on Tuesday. Planning Minister Hala El Said said that Egyptian authorities have consulted a number of Qatari officials regarding investment in a number of sectors. Qatari officials held talks with the Egyptian government in June over investing USD 2-3 bn in Egypt’s real estate sector and equity stakes in companies.

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