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FINANCIAL NEWS
Saudi Arabia tops Arab nations investing in Egyptian market
24 Apr 2017
(MENAFN) The strategic ties between Egypt and KSA at the political and economic levels show an integrated model of mutual co-op to enhance the economic increase system of both nations.
Additionally, Saudi Arabia ranks first in the list of Arab nations investing in the Egyptian market, with whole investments surpassing USD6bn amid a total of 3.421 projects in the sectors of manufacturing.
Meanwhile, Egyptian investments in KSA are projected to be around USD2.5bn over 1.300 projects in the sectors of contracting, telecoms, healthcare and manufacturing.
Furthermore, the Egyptian agricultural exports to the Saudi market are growing yearly at good rates due to their high quality, as well as their acceptance amid Saudi consumers.
MENAFN2404201700450000ID1095414807
MENAFN2404201700450000ID1095414807
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