Egypt tops Saudi aid recipients at $32.5B
Egypt topped the list of beneficiaries of Saudi aid, receiving $32.5 billion through 71 projects. These projects span economic and social development, refugee support, and humanitarian and charitable sectors. These aids are part of the strategic relationship between Saudi Arabia and Egypt and constitute a portion of the total Saudi assistance exceeding $140 billion since 1975. This ongoing economic support has been sustained over the decades, especially during times of crises. Saudi Arabia continues to expand its investments in the Egyptian market across sectors such as energy, real estate, and industry.
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