Egypt Minister of Trade and Industry Rachid Mohamed Rachid visited Saudi Arabia where he met with Saudi Minister of Commerce and Industry Abdullah bin Ahmed Zaynal Ali Reza, to discuss increasing bilateral trade and joint investments. Rachid said that the development of Egyptian-Saudi relations is a "story of success" for Arab economic cooperation. “Egyptian-Saudi trade exchange hits $3.343 billion with Egyptian exports to Saudi Arabia amounting to $1.330 billion while imports from the Kingdom are up to $2.13 billion,” said the minister.