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Egypt, Saudi Arabia seek boosting joint investments
The Egyptian Gazette Published in The Egyptian Gazette on 18 - 04 - 2018

CAIRO, April 18, 2018 (MENA) - Chairman of the General Authority for Investment and Free Zones Mona Zobaa on Wednesday received a delegation from the Saudi Ministry of Electricity and representatives of several Saudi companies operating in the fields of new and renewable energy.
The meeting covered ways of pushing up investment co-operation between the two countries in the fields of electricity and energy.
Zobaa said that coordination is maintained between the two countries for increasing joint investments.
She also highlighted reform measures adopted by Egypt for creating a suitable investment atmosphere, pointing out that there are several investment opportunities for Saudi businessmen in various fields.
Meanwhile, the Saudi delegates lauded the reform measures adopted by the Egyptian government.
Saudi Arabia comes second on the list of countries investing in Egypt at a total value of around 6.3 billion dollars. Egypt, Saudi Arabia seek boosting joint investments.

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