Cairo – Mubasher: Saudi investments in Egypt exceeded $27 billion in more than 5,000 projects, vice chairmen of the Council of Saudi Chambers Abdullah Al Adim said in an interview on MBC Masr TV Channel.
On Tuesday, Egyptian President Abdel Fattah El-Sisi highlighted the strength of the strategic alliance between Egypt and Saudi Arabia during his meeting with Saudi Crown Prince Mohammed bin Salman bin Abdulaziz.
The Council of Saudi Chambers and the Federation of Egyptian Chambers of Commerce (FEDCOC) yesterday agreed to implement a six-pillar plan to reinforce relations and investments between the two Arab nations.
Egyptian trade minister Amr Nassar said that trade exchange between Egypt and Saudi Arabia hit to $7 billion.