# Qatar to invest 10 billion euros in key sectors of French economy -Elysee
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2024-02-28
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Qatar to invest 10 billion euros in key sectors of French economy
Meta Description: France & Qatar partnership brings 10 billion euros into key sectors like energy transition, artificial intelligence, & hospitality, boosting both economies.
URL: https://startupobserver.com/qatar-to-invest-10-billion-euros-in-key-sectors-of-french-economy-elysee/

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PARIS (Reuters) – France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 [billion](https://startupobserver.com/munich-re-q1-net-profit-up-68-in-line-with-preliminary-figures/) euros ($10.85 billion) into start-ups and [investment](https://startupobserver.com/fast-growing-proptech-company-houzen-has-made-multiple-senior-appointments-as-it-announces-a-host-of-new-products/) 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)](https://startupobserver.com/italian-hearing-aid-maker-amplifon-expects-higher-2023-earnings/)

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


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