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اليوم السابع
Cairo-Riyadh economic ties grow
The article discusses the rapid developments and growth in the economic relations between Egypt and Saudi Arabia. Key figures include the injection of Saudi investments totaling $35 billion into Egypt by 2025, with expectations that bilateral trade will rise to $20 billion by 2027. During the second quarter of 2026, the Kingdom achieved $6.6 billion in trade with Egypt, including Egyptian exports worth $1.5 billion. Investment ties and cooperation are also strengthening in the agricultural and energy sectors, particularly through the $1.8 billion electrical interconnection project. The strong political relations, led by the leadership of both countries, bolster this growth. The upcoming visit of the Saudi Crown Prince to Egypt is seen as a significant step toward expanding and coordinating economic and developmental cooperation between the two nations.
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