# Qatar to invest 10 billion euros in key sectors of French economy -Elysee
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2024-02-28
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Qatar to Invest 10 Billion Euros in Key Sectors of French Economy
Meta Description: France and Qatar partner for 10 billion euro investment in start-ups and funds, targeting various sectors from energy to AI and culture, benefiting both
URL: https://financedigest.com/qatar-to-invest-10-billion-euros-in-key-sectors-of-french-economy-elyseehtml

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# **Qatar to invest 10 billion euros in key sectors of French economy -Elysee**

PARIS (Reuters) – France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 billion euros ($10.85 billion) into start-ups and investment funds in France between 2024 and 2030, the French presidency said in a statement.

The investments “to the mutual benefit of both countries” will target key sectors ranging from energy transition, semiconductor, aerospace, artificial intelligence, digital, health, hospitality and culture, it added.

The investment was announced as Sheikh Tamim bin Hamad Al-Thani, Qatar’s ruling emir, started a two-day visit to France on Tuesday, his first state visit to the country since his accession to the throne in 2013.

($1 = 0.9220 euros)

(Reporting by Elizabeth Pineau, Writing by Dominique Vidalon, Editing by Chris Reese)


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