Saudi Arabia, Egypt Sign 14 Investment Deals Worth $7.7 Billion - Bloomberg
Egypt and Saudi Arabia signed 14 investment deals valued at $7.7 billion, the Egyptian state-run Middle East News Agency reported Tuesday, as the oil-rich kingdom’s de facto ruler visits the North African nation.
The announcement was made by Saudi Arabia’s commerce minister during a meeting of the Egyptian-Saudi Business Council. The agreements cover a range of sectors, including renewable energy, green hydrogen, pharmaceuticals and e-commerce, MENA said.
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