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Saudi-Egypt Business Council: New Projects in Egypt Expected Soon
The Chairman of the Saudi-Egyptian Business Council spoke about upcoming new Saudi projects in Egypt before the end of the year, with a value exceeding $10 billion in investments by Saudi investors who have been invited to be protected under a reciprocal agreement between the two countries. He emphasized that the Egyptian government, particularly the Prime Minister, is actively following up to address the challenges faced by Saudi investors, and that communication continues to improve the investment environment. He also mentioned the Business Council's intention to visit Egypt soon to follow up on progress, enhance investments, and facilitate economic cooperation between the two countries, which have signed an agreement to encourage and protect investments to stimulate future collaboration.
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