The Saudi Arabian private sector’s investments in Egypt amount to $35 billion, Chairman of the Saudi-Egyptian Business Council Badr Al-Amiri told Asharq Business.
He added that the volume of trade exchange with Egypt exceeded SAR 60 billion (EGP 492.32 billion) during 2023.
During a press conference hosted by Egypt’s Trade and Industry Ministry, the Saudi Minister of Commerce Majid Al Qasabi revealed that Egypt and Saudi Arabia agreed to hold a Saudi-Egyptian forum in the near future to market investment opportunities in the two countries.
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