Qatar to Invest €10 Billion in French Companies, Funds

France's President Emmanuel Macron, right, welcomes Qatar's Emir Sheikh Tamim Bin Hamad Al Thani at the Presidential Elysee Palace in Paris on Feb. 27.

Photographer: Chesnot/Getty Images
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Qatar will invest 10 billion euros ($10.9 billion) in French startups and funds as the two countries deepen an already close bilateral relationship.

The agreement was announced in a French-Qatari joint communique during Qatar Emir Sheikh Tamim Bin Hamad Al Thani’s state visit to Paris.