Prime Minister Mostafa Madbouly stressed that Egypt and Saudi Arabia have a strong investment partnership that contributes to achieving strong profitability for the two countries, noting that this partnership will be strengthened after signing the agreement to encourage and protect investment between the two countries.

This came during a meeting between Madbouly, during his visit that began on Sunday 15/9/2024 to Riyadh, with Saudi Minister of Investment Eng. Khalid Al-Falih to discuss a number of investment files of common interest.

The meeting was attended by Minister of Finance Ahmed Kouchouk, Minister of Investment and Foreign Trade Hassan Al-Khatib, Egypt’s Ambassador to Riyadh, Ambassador Ahmed Farouk and from the Saudi side, Ambassador of the Kingdom of Saudi Arabia to Egypt Ambassador Saleh bin Eid Al-Hussaini, and a number of officials from the Saudi Ministry of Investment.

Source: State Information Service Egypt