The Egyptian Prime Minister, Dr. Mostafa Madbouly, recently visited Riyadh and held separate talks with several Saudi ministers, including Finance Minister Mohammed Al-Jadaan, Commerce Minister Dr. Majed Al-Qasabi, and Minister of Investment Eng. Khalid Al-Falih. During his meeting with Al-Jadaan, they exchanged friendly discussions on various topics of common interest. The Egyptian delegation included Minister of Finance Ahmed Kujuk, Minister of Investment and Foreign Trade Eng. Hassan Al-Khatib, and other officials. On the Saudi side, Saudi Ambassador to Egypt Saleh bin Eid Al-Hussaini and officials from the Ministry of Finance were present.
Madbouly also met with Commerce Minister Dr. Majed Al-Qasabi to discuss the qualitative partnership between Egypt and Saudi Arabia in trade and investment. The focus was on enhancing the role of the private sector in various sectors to achieve the Kingdom’s Vision 2030. Additionally, Madbouly had a meeting with Minister of Investment Eng. Khalid Al-Falih to discuss mutual investments between the two countries. They explored ways to support and stimulate the private sector in both nations and reviewed the progress of discussions on the agreement to protect and encourage mutual investments between Saudi Arabia and Egypt.
The meetings between the Egyptian Prime Minister and the Saudi ministers are aimed at strengthening the economic ties between the two countries. The discussions focused on enhancing cooperation in trade and investment, supporting the private sector, and developing mutual investment relations. The partnership between Egypt and Saudi Arabia is crucial for achieving economic growth and realizing the goals set out in the Kingdom’s Vision 2030. By working together, both countries can create new opportunities for businesses and investors, leading to mutual benefits for their economies.
The talks between Madbouly and the Saudi ministers highlight the importance of collaboration and partnership in the economic sphere. By exchanging ideas and discussing common interests, both countries can enhance their bilateral relations and foster greater economic development. The focus on supporting the private sector and stimulating investment reflects a shared commitment to promoting growth and prosperity in Egypt and Saudi Arabia. Through close cooperation and mutual agreements, the two nations can create a favorable environment for businesses and investors to thrive.
The discussions between the Egyptian Prime Minister and the Saudi ministers also emphasize the significance of the ongoing diplomatic relations between the two countries. By engaging in dialogue and cooperation, Egypt and Saudi Arabia can strengthen their ties and enhance their economic partnership. The exchange of friendly talks and discussions on mutual concerns demonstrates a commitment to building a strong and sustainable relationship that benefits both nations. As they work together to promote trade and investment, Egypt and Saudi Arabia can pave the way for increased collaboration and prosperity in the region.
Overall, the meetings between the Egyptian Prime Minister and the Saudi ministers in Riyadh underscore the importance of economic cooperation and partnership between the two countries. By fostering closer ties in trade, investment, and the private sector, Egypt and Saudi Arabia can unlock new opportunities for growth and development. The discussions on mutual investments and support for businesses reflect a shared commitment to advancing their economies and realizing their respective goals. Through continued dialogue and collaboration, Egypt and Saudi Arabia can build a strong foundation for long-term prosperity and success in the region.
