The Emir of Qatar, Sheikh Tamim bin Hamad al-Thani speaks during the World Economic Forum in Davos, Switzerland, May 23, 2022. (MARKUS SCHREIBER / AP)

CAIRO - Qatar's ruler will visit Egypt on Friday, his first trip to the country since Egypt and Qatar agreed last year to end a long-running regional feud, diplomatic sources said.

Emir Sheikh Tamim bin Hamad al-Thani, who last visited Egypt in 2015, will hold a formal meeting with Egypt's President Abdel Fattah al-Sisi in Cairo on Saturday, the sources said.

Emir Sheikh Tamim bin Hamad al-Thani's visit comes days after Saudi Crown Prince Mohammed bin Salman visited Cairo and the announcement of $7.7 billion in investment deals between Egypt and Saudi Arabia

He met Sisi for the first time since the dispute at a summit in Iraq last year.

There was no immediate comment from Qatari authorities.

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The emir's visit comes days after Saudi Crown Prince Mohammed bin Salman visited Cairo and the announcement of $7.7 billion in investment deals between Egypt and Saudi Arabia.  

Egypt, Saudi Arabia, the United Arab Emirates and Bahrain had boycotted Qatar since 2017 over charges it supports terrorism, a reference to Islamist groups. Qatar denied the accusation.

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With Egypt facing economic headwinds as a result of the conflict in Ukraine, its cabinet said in March that Egypt and Qatar had agreed to sign investment deals worth $5 billion.