Egyptian cabinet, headed by Prime Minister Sherif Ismail and 7 ministers discussed Wednesday the cooperation between Egypt and Saudi Arabia that was stated in Cairo Declaration, Al-Masry Al-Youm reported. The Cairo Declaration was announced during previous meeting between President Abdel Fatah Al Sisi and deputy crown prince of Saudi Arabia Mohammad bin Salman Al Saud in Cairo. It states agreeing on mechanisms to implement military collaboration between the two countries, forming the Arab United Forces and boosting economic cooperation. The agreement includes intensifying the Egyptian-Saudi investments by launching major projects, in order to make them the key players of world trade movement.