Egypt and Qatar discuss activating $7.5 billion ‘partnership package’, Egypt says

CAIRO (Reuters) -Egypt’s Prime Minister Mostafa Madbouly on Thursday discussed activating a $7.5 billion “partnership package” with his Qatari counterpart, Egypt’s cabinet said in a statement.

Egypt and Qatar had agreed in April to work towards a package of direct Qatari investments as Cairo pushes to secure funding from Gulf neighbours to tackle heavy foreign debts and a gaping budget deficit.

(Reporting by Momen Saeed Atallah; Writing by Nayera Abdallah; Editing by Alison Williams)

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