Cairo-Mubasher: The Egyptian-Saudi Coordination Council will hold its fourth meeting on Sunday, to discuss boosting development and investment projects in Egypt over the next years.
The meeting will be attended by Sahar Nasr, Egypt’s minister of international cooperation, and Ibrahim Al-Assaf, Saudi Arabia’s minister of finance.
The middle eastern country is set to sign a $200 million agreement with the Saudi Fund for Development (SFD) to finance the small and medium-sized enterprises.
The Ministry of International Cooperation had signed an agreement with SFD to allocate $1.5 billion for Sinai development projects.