FINANCIAL NEWS

Saudi investments at USD2.26 b in Egypt

09 Dec 2013

(MENAFN) Saudi investments in Egypt are expected to reach USD2.26 billion from June 30 to the end of 2013, said Abdullah bin Mahfouz, chairman of the Saudi-Egyptian Business Council (SEBC), according to Arab News.

The Kingdom’s investments in Egypt will be in housing, minerals, pharmaceuticals and agriculture.

The chairman said to the attendants in a conference in Cairo for Gulf investors in Egypt.

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