Qatari PM: Qatar Extends to Egypt $1bn Grants Plus $4bn Deposits - 4

For his part, Egyptian Prime Minister Hisham Qandil said there is a joint political will between Egypt and Qatar to push bilateral relations ahead. "There is a scheduled visit of technicians from Qatar next week to discuss ways of boosting economic relations," Qandil said, adding that talks between President Mohamed Morsy and HE Sheikh Hamad bin Jassim touched on bilateral relations and other issues, notably the situation in Palestine and Syria. When asked about Suez Canal, Qandil said investments in Egypt are open for all Arab and foreign countries in line with Egyptian law. He expressed gratitude and recognition for the support of Qatari people, noting that it is unacceptable to blame Arab or foreign investors and charge them of trying to assume control over Egypt when they "decide to contribute to the renaissance of Egypt." Qandil said that $400-million worth of Qatari aids in the form of construction materials were bought from the Egyptian market and have been transferred to the Gaza Strip to help in reconstruction efforts. (QNA)