The total volume of commercial exchange between the two countries surged by 37.8%, reaching $11.3 billion in 2024, compared to $8.2 billion in 2023.
This was in the presence of Egyptian President Abdel Fattah El-Sisi on the sidelines of the Egypt International Energy Conference (EGYPES 2025).
Al Saud added that bilateral trade between Saudi Arabia and Egypt reached SAR 46 billion by the end of 2024, reflecting the robust economic partnership between the two nations.
These agreements aim to establish a strategic alliance and foster commercial cooperation, leveraging the expertise of each party.
This agreement aims to enhance specialized steel industries, galvanization processes, and the production of telecommunications towers while supporting participation in government and public sector tenders within the Saudi market