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Egypt and Saudi Arabia Strengthen Economic and Investment Cooperation

Cairo: Prime Minister Moustafa Madbouli met with Saudi Ambassador to Egypt Saleh bin Eid Al-Husseini to discuss issues of mutual interest and the close ties between the two countries.According to State Information Service Egypt, Prime Minister Madbouli emphasized the depth of the historical and strategic relationship between Egypt and Saudi Arabia. He reiterated the commitment of both nations to enhance bilateral cooperation in various sectors to benefit both countries. The meeting also focused on coordinating efforts on regional and international matters of shared concern.Both parties explored ways to boost economic and investment cooperation, increase bilateral trade, and identify investment opportunities in Egypt. They discussed ongoing joint projects, highlighting the importance of overcoming challenges faced by investors and creating a supportive business environment amid Egypt's economic and structural reforms.Ambassador Al-Husseini expressed Saudi Arabia's pride in its strong relations with Egyp t and reiterated the commitment to further strengthen cooperation across multiple fields.