Saudi Arabia, Egypt signs USD 15.9bn investment fund

10 Apr 2016

(MENAFN) Saudi Arabia and Egypt viewed the signing of several deals, involving a USD 15.9bn investment fund.

Moreover, Saudi’s king and his allocation proclaimed a sequence of investments in the country, as well as a plan to build a bridge over the Red Sea.

Additionally, both sides saw the inking of more deals Egypt hopes will increase economy with value of almost USD 16bn.

Furthermore, many agreements were also signed to launch an industrial zone in Egypt.

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