PM: State Supports Saudi Investments in Egypt

Prime Minister Mostafa Madbouly stressed the depth of the strategic relations between Egypt and Saudi Arabia, expressing his aspiration to support Saudi investments in Egypt in various fields, as well as increasing the rates of trade exchange between the two countries.

This came during the Prime Minister’s meeting, Wednesday, at the government headquarters in New Alamein, with officials of the Saudi “Almarai” Company, and its affiliate “Beyti” Food Industries.

The Prime Minister expressed his appreciation for the activity of the Saudi Almarai Company, praising the good reputation enjoyed by the company's products in the Egyptian market.

Madbouly stressed that the Saudi company now has a great opportunity to expand in the Egyptian market. In light of the Egyptian state’s great interest in supporting the industry.

During the meeting, Sheikh Abdullah Al-Badr indicated that the company provides 20,000 job opportunities in Egypt, while its exports amount to $50 million, stressing that the company’s products take into account the highest international quality standards.