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Arab Finance – The Minister of Investment discusses with his Saudi counterpart ways to develop economic relations between the two countries


The Minister of Investment discusses with his Saudi counterpart ways to develop economic relations between the two countries

Arab Finance: Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, met with Engineer Khalid Al-Falih, Minister of Investment of the Kingdom of Saudi Arabia, where the meeting discussed ways to enhance Economic relations between the two countries, especially with regard to establishing joint investment projects in various productive and service sectors of common interest, within the framework of their participation in the twenty-eighth annual World Investment Conference (WIC), which will be held in the capital, Riyadh, during the period from 25 to 27 of this November.

The minister said that Egypt has all the capabilities and components that qualify it to attract more Saudi investments, which include the availability of qualified workers and highly qualified engineers, as well as competitive wages, qualified infrastructure, and the availability of energy, in addition to the network of free and preferential trade agreements concluded between Egypt and a large number of countries. And the main regional and global economic blocs, which enable the Egyptian product to have free access to a large number of foreign markets.

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