#foreign direct investment (FDI)
Photo Source: AGBI Saudi Arabia has signed investment agreements worth USD 15 billion with Egypt. The deals, announced after a meeting between Egypt’s President Abdel Fattah Al-Sisi and Saudi Crown Prince Mohammed bin Salman, will target crucial sectors such as renewable energy, real estate, tourism, and technology. One significant project is the long-awaited Egypt-Saudi electricity interconnection, which is set to enhance energy cooperation between the two countries. The agreements are part of a broader strategy by both nations to…
