Arab Finance: Prime Minister Mostafa Madbouly met with Saudi Arabian Minister of Commerce Majed Bin Abdullah Al Qasabi and his accompanying delegation to discuss methods of enhancing joint trade relations, as per a statement by the Egyptian side on November 19^th.

Al Qasabi confirmed that the Custodian of the Two Holy Mosques and the Saudi Crown Prince have directed to boost cooperation with Egypt to increase Saudi investments in the Egyptian market.

The Saudi minister also said that the Egyptian government has solved more than 70% of the problems facing Saudi investors.

During the meeting, it was agreed to work on enhancing investment in the industrial sector with priorities to be set with a clear road map.

The officials also agreed that there should be institutional work between the two countries that defines the role of business councils and chambers of commerce in the two countries.

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