10 Hrs
Source:
الاقتصادية
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Saudi Crown Prince visits Cairo for official duties
Crown Prince of Saudi Arabia, Mohammed bin Salman, has traveled to Cairo on a working visit to meet with Egyptian President Abdel Fattah El-Sisi, with the aim of discussing strengthening bilateral relations and mutual interests. Saudi Arabia and Egypt share strong economic ties, with trade exchanges totaling approximately half a trillion riyals over the past decade. The Egyptian economy ranks sixth in terms of foreign direct investment in Saudi Arabia, with inflows reaching $5 billion over the last ten years. Saudi exports to Egypt increased by 14% last year, while imports from Egypt rose by 47%.
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