After a two-day visit to Egypt by Saudi Arabia’s Crown Prince Mohammed bin Salman, a huge investment using Public Investment Fund would be unveiled soon.
The Head of the Saudi-Egyptian Business Council Abdullah bin Mahfouz has said that huge Saudi investments would be announced soon.
The Saudi Crown Prince Mohammed bin Salman left Cairo Tuesday, after a two-day visit.
He was received by the Egyptian President Abdel Fatah al-Sisi, where the two officials held bilateral talks to discuss ways to strengthen bilateral relations between the two states.
Mahfouz said Saudi Arabia was optimistic that the visit would result in the announcement of huge Saudi investments, especially by the Public Investment Fund of Saudi Arabia, which has studied many investment opportunities in Egypt.
Many businessmen are also very keen to invest in the projects of Egypt’s New Administrative Capital, the New el-Alamein City, and the October Oasis project at…
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