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POTENTIAL QATARI INVESTMENTS

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13-03-2014

POTENTIAL QATARI INVESTMENTS

Cyprus President, Nicos Anastasiades, and three cabinet ministers have just returned from a successful three-day official visit to Doha. The purpose of the visit was to strengthen bilateral cooperation, in particular in the fields of investment, trade and tourism. During the visit the two countries signed three Memoranda of Understandings and one agreement, in addition to the two agreements already signed between the two states. The Cyprus delegation included Foreign Minister Ioannis Kasoulides, Minister of Energy Yiorgos Lakkotrypis, Agriculture Nicos Kouyialis, government spokesman Christos Stylianides, Under Secretary to the President Constantinos Petrides, head of the President’s Diplomatic Office Nicos Christodoulides and other officials. Additionally, a business forum took place, hosted by Cyprus Chamber of Commerce and Industry (KEVE) and the Qatari Chamber of Commerce. News reports suggest that prospective business deals will include investments in the areas of marinas and leisure projects, energy development for oil and gas, and finance.
 

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