He added in statements to "Sputnik", that the decision targets Qatari investments, which are expected to increase in the next stage, through the demand of Qatari companies to the Egyptian market in light of the improvement of relations between Cairo and Doha and their return to normal.He explained that the decision is a great opportunity to attract Qatari investments to Egypt, where the parent companies in Doha benefit from the opening of branches in Cairo that practice economic activities, and will be exempt from the process of double taxation between the two countries, and also benefit from the treatment of He stressed that the signing of the agreement is one of the most important incentives to attract foreign investments from the State of Qatar, and the prevention of double taxation means that the company will not deal twice with taxes, whether in the Egyptian or Qatari state, which represents a kind of tax exemption, as these companies deal with one tax transaction. The Egyptian House of Representatives, headed by Counselor Dr. Hanafi Gebali, approved during the plenary session, on Tuesday, the Presidential Decree No. 254 of 2023, regarding the approval of the agreement on the elimination of double taxation with respect to taxes on income and the prevention and avoidance of taxes, signed between the Government of the Arab Republic of Egypt and the Government of the State of Qatar.The agreement aims to eliminate double taxation and prevent tax evasion on income, as well as encourage investment, increase job opportunities, and increase The agreement also aims to eliminate double taxation for taxes covered by the agreement and applies to persons residing in one or both countries, as well as to a collective investment instrument established in one country that obtains income originating in the other country, and aims to ensure non-discrimination between investors in Egypt and Qatar.