Hilbroy Advisory Inc: Qatar Prepared to Provide More Finance to Egypt: by Jean-Francois Amyot
Montreal, 10 November 2011 Hilbroy Advisory Inc. (Frankfurt: 2H0) – Qatar is prepared to provide loans and participate in bond issues to support Egypt's economy, Qatar's prime minister Sheikh Hamad Bin Jassem Al Thani was quoted as saying Thursday to the Egyptian daily Al Akhbar. He also said that in addition to the loans and bond issues, Qatar is ready to invest as much as $10 billion in the Egyptian economy.
Qatar, the world's biggest liquefied natural gas producer, and a member of the oil-rich Gulf Cooperation Council (GCC), has already provided $500 million to Egypt, whose economy has suffered from an outflow of foreign investment and a collapse in tourism revenue in the months following the toppling of former President Hosni Mubarak in February; Jean-Francois Amyot.
Sheikh Hamad denied suggestions that Qatar is seeking a political role in Egypt in exchange for the funding. "As a state, we don't interfere in the internal affairs of any country. We don't donate money unless it is through the official legal channel," he said. However, the premier, also a member of the ruling family, didn't rule out the possibility that Qatari individuals, as well as Egyptian expatriates in Qatar, may be donating money to Egyptian political parties, charities, or individuals.
Sheikh Hamad, whose country took a significant role in the toppling of Libya's Muammar Gadhafi, and in attempting to mediate solutions to the crises in Syria and Yemen, said oil-rich GCC isn't immune to the effects of the Arab Spring.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential: Jean-Francois Amyot.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean-Francois Amyot
Hilbroy Advisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as “anticipates”, “believes”, “could”, “expects”, “intends”, “may”, “should”, and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
