FINANCIAL NEWS

Saudi investors to boost investments in Egypt at USD 8bn

23 Mar 2016

(MENAFN) Saudi investors focus on energy, tourism and housing sectors to increase investments in Egypt at a value of USD 8bn.

Accordingly, Egyptian investment ministry is ready to showcase attractive investment projects in many economic sectors for the Saudi Fund for Development.

Additionally, the two sides confirmed on making technical, economic, and financial as well as environmental studied for any mutual project.

Both countries will make schedule on finishing all procedures of the investments, and are ready to hold periodical meetings to discuss means of developing any project.

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