 The agreement concluded a development project opposite of the Hilton Hotel in Nicosia which involved the construction of a five-star hotel, a shopping mall, offices and apartments.In statements to the press, President Christofias said bilateral relations and ways to enhance them were discussed during the talks, and that the joint investment with Qatari Diar was of great importance, noting that it indicated the high level of relations and the rapid development of cooperation between the two countries.Cyprus' imports from Qatar nearly doubled from 2006 to 2010, whereas its exports increased by more than 50%.