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Editor in Chief Mohamed Wadie

Egypt Keen on Scaling up Saudi Investments in Egypt - Maait

Sat 18 Mar 2023 | 10:37 PM
Dr. Mohamed Maait
Dr. Mohamed Maait
By Ahmad El-Assasy

Egypt, according to Finance Minister Mohamed Maait, is eager to support all necessary and appropriate steps to increase Saudi investments in Egypt in order to take advantage of the exceptional investment opportunities the state is providing to complete the various enormous, developmental, and national projects.

According to a press release from the Finance Ministry, Maait said this while attending the final session of the 2nd Edition of the Financial Sector Conference (FSC 2023) in Riyadh. The state is working to support the foreign and domestic private sector and provide incentives for the production and IT sectors.

Maait met privately with his Saudi counterpart Mohamed al-Jadaan in an effort to further their shared interest in fostering bilateral collaboration.

Jadaan added that his nation has invested in many projects for Egypt's growth and continues to do so.