Egypt, Saudi Arabia discuss activation of joint investment fund
Published 10 Dec,2020 via Daily News Egypt - Prime Minister Mostafa Madbouly held a meeting, on Tuesday, with Minister of State and Member of the Saudi Cabinet Essam bin Saeed, to discuss the activation of the Egyptian-Saudi Investment Fund.
Cabinet Spokesperson Nader Saad said that the meeting reviewed the latest developments in the intensive bilateral coordination that has taken place over the past few days, to activate the Egyptian-Saudi Investment Fund.
He also said that the final version of the executive agreement has been reached to activate the fund, which will maximise the economic viability of cooperation. This will take place through development and investment projects to be implemented in the priority sectors.
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Daily News Egypt