#foreign investments
Egypt and Saudi Arabia are set to ink agreements amounting to USD 1.5 billion (EGP 47 billion) at the imminent Egyptian-Saudi Business Forum in Cairo on 20 November, according to Turki Al-Hokair, a member of the Egyptian-Saudi Business Council. Recognizing Egypt's commitment to addressing challenges faced by Saudi investors, Al-Hokair praised the nation's economic accomplishments amidst global adversities. This venture aligns with Egypt's strategy of attracting foreign investments, particularly from Gulf nations, to bolster its depleting US dollar reserves. In…
