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Egypt & Saudi Arabia Signed an Agreement to Encourage Bilateral Investments
Posted on October 16, 2024
Egypt & Saudi Arabia Signed an Agreement to Encourage Bilateral Investments

Egypt and the Kingdom of Saudi Arabia have signed several bilateral investment and economic agreements, highlighting the formation of the Egyptian-Saudi Supreme Coordination Council to encourage and protect mutual investments between the two countries.

Furthermore, Egypt and Saudi Arabia have deepened their economic partnerships through a series of investment agreements, paving the way for a promising future of bilateral cooperation.

This occurred within the framework of the visit made by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, and Prime Minister of the Kingdom of Saudi Arabia, to Egypt yesterday, Tuesday. These agreements reflect increased coordination and strategic alignment within the objectives of Egypt and the Kingdom’s Vision 2030.

The strategic economic cooperation between Egypt and the Kingdom of Saudi Arabia has witnessed remarkable development in recent years. This progress is driven by the close bilateral cooperation between the two countries and is accompanied by the implementation of numerous joint investment projects that enhance bilateral cooperation across various sectors.

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