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Qatar has pledged to invest $10 billion in Egypt, a country with which it had strained relations under ousted Egyptian President Hosni Mubarak, a minister was quoted as saying on Saturday.

Egypt’s, minister of planning and international cooperation, Fayza Abu al-Naga, said the Egyptian-Qatari ministerial committee met on Saturday and “discussed ways to promote Qatari investment in Egypt,” the official MENA news agency reported.

It said the investments were expected to be in sectors including tourism, housing, oil, transport, agriculture, education, health and justice.

“These projects are part of the $10 billion pledged by the Emir of Qatar, Sheikh Ahmad bin Khalifa al-Thani,” Naga was quoted as saying by MENA.


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