The two sides also discussed the importance of adopting diverse forms of investment partnerships, whether between the two governments or through the private sector in both countries, to ensure optimal outcomes.
The Saudi Public Investment Fund (PIF) plans to inject new investments into Egypt in the coming period as part of its overseas expansion strategy, by entering into partnerships with the Egyptian government across a range of key sectors.
Prime Minister Mostafa Madbouly met with Essam bin Saad bin Said, Saudi Minister of State and Cabinet Member, to discuss the PIF’s upcoming investment package in Egypt—particularly in the fields of tourism, industry, and real estate—in partnership with the Egyptian state, and in line with Egypt’s attractive investment climate.
The two sides also discussed the importance of adopting diverse forms of investment partnerships, whether between the two governments or through the private sector in both countries, to ensure optimal outcomes.
The meeting further addressed ways to enhance bilateral cooperation and strengthen relations between Egypt and Saudi Arabia in various fields in the coming period, serving the interests of both nations—especially within the framework of their shared destiny and strategic ties.
