Cairo – Mubasher: Saudi Arabia is planning to establish and finance a university specialised in business management and technology in Egypt, chairman of the board of trustees at the University of Business and Technology (UBT) in Jeddah Abdullah Dahlan told Alborsa News.
The Saudi party is currently in talks with its Egyptian counterpart over setting the university location, execution period, and total cost of construction, Dahlan added.
Egyptian trade minister Tarek Kabil previously said that bilateral trade between the North African nation and the kingdom amounted to $2.6 billion.
Egypt’s electricity ministry is set to launch a tender for implementing Egypt-Saudi Arabia power link project next March.
