PM: Govt keen on rendering Egyptian-Saudi investment fund successful


Wed, 09 Dec 2020 - 02:47 GMT

FILE - Prime Minister Mostafa Madbouli

FILE - Prime Minister Mostafa Madbouli

CAIRO, Dec 9 (MENA) - Prime Minister Moustafa Madbouli asserted that the government is keen on rendering the Egyptian-Saudi investment fund successful.

This came during Madbouli's meeting with Saudi Minister of State and Member of Council of Ministers Essam bin Saeed in the presence of Presidential Advisor Amir Sayed Ahmed and officials from Egypt and Saudi Arabia.

Madbouli lauded the results of coordination between both countries that reflect the importance of boosting bilateral ties and getting engaged in projects that would help both countries.

Cabinet Spokesman Nader Saad said that the meeting reviewed the latest developments to activate the Egyptian-Saudi investment fund and enlarge the economic cooperation via development and investment projects in the sectors of tourism, health, pharmaceuticals, ports, infrastructure, digital transformation, financial services, education and food industries.

The targets of proposed executive plan include supporting the Egyptian and Saudi companies and empower the private sector, he said.



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