Saudi Arabia and Egypt signed an agreement to encourage and protect mutual investments between the two countries, on the sidelines of the visit of Saudi Crown Prince Mohammed bin Salman bin Abdulaziz to Egypt.
During his meeting with the Saudi Crown Prince, President Abdel Fattah El-Sisi stressed the depth and centrality of the strategic relations between Egypt and Saudi Arabia, especially in light of the threats facing the region.
For his part, Prince Mohammed bin Salman stressed the importance the Kingdom attaches to strengthening bilateral relations and continuing to build on the historical ties between the two countries and brotherly peoples, to achieve the common interest at various political, economic, and developmental levels.
At the conclusion of the talks, the formation of the Egyptian-Saudi Supreme Coordination Council, headed by the Egyptian President and the Saudi Crown Prince, and an agreement to encourage and protect mutual investments between the two countries were signed.
