INVESTMENT

Saudi Kings initiative to enhance security, investment for countries along Red Sea

The Red Sea entity is an initiative by King Salman in order to achieve stability in the region
PHOTO

Riyadh — Saudi Arabia announced on Wednesday an agreement to create an entity of countries along the Red Sea and Gulf of Aden.

The entity will enhance security, investment and development for countries by the Red Sea. The Red Sea entity is an initiative by Custodian of the Two Holy Mosques King Salman in order to achieve stability in the region.

The entity will include Egypt, Sudan, Djibouti, Yemen, Somalia and Jordan. — SG

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