From Ahram Online
''Qatar will inject $18 billion worth of investments into Egypt over the course of the coming five years, Hamad Bin Jassim, the oil-rich gulf state's foreign minister, said at a press conference in Cairo on Thursday.
Of the pledged investment, some $8 billion will be allocated to electricity and natural gas projects in areas east of the Suez Canal, where Egypt has longstanding plans to build a massive industrial city. Another $10 billion will go to a planned tourist resort on Egypt's north coast.''
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