Ashraf AboArafe
His Excellency the Minister of State, Member of the Cabinet for Shura Council Affairs, Dr. Essam bin Saad bin Saeed, and the Egyptian Minister of Planning and Economic Development, Dr. Hala Al-Saeed, Chairman of the Board of Directors of the Sovereign Fund of Egypt, signed in Cairo today an agreement regarding the Public Investment Fund to invest in Egypt, in the presence of His Excellency the Egyptian Prime Minister, Dr. Mostafa Madbouly.
The signing of the agreement comes as a culmination of the meetings held between the Kingdom and Egypt, to expedite the completion of procedures related to investment in Egypt through the Public Investment Fund, within the framework of the two countries’ desire to strengthen economic ties and relations between them, based on the directives of the two countries’ leaderships in this regard.
The agreement aims to enhance trade exchange between the Kingdom and Egypt, and contribute to the expansion of the two countries’ activities and investments in other countries at the regional and international levels.
