Egypt and Saudi Arabia Explore Opportunities to Strengthen Economic Ties at WIC

KSA, 27 November, 2024 : Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Saudi Minister of Investment, Khalid Al-Falih, during the 28th Annual World Investment Conference (WIC) in Riyadh to explore ways to enhance economic relations between the two nations.

The discussions centered on joint investment projects in key production and service sectors. El-Khatib highlighted Egypt’s potential to attract more Saudi investments, citing its skilled workforce, competitive wages, strong infrastructure, and energy resources.

He also emphasized Egypt's trade agreements with regional and global blocs, which offer Egyptian products easy access to international markets.

Source : www.zawya.com