Cairo - SPA
Trade exchange between Saudi Arabia and Egypt amounts $ 2.3 Billion
The Central Bank of Egypt has revealed that the volume of trade exchange
between the Kingdom of Saudi Arabia and Egypt reached 2.3 billion
dollars during the first half of the current fiscal year 2017-2018.
The Central Bank said in its report that the Kingdom's investments
in Egypt reached $ 6.1 billion, 11% of total foreign investments and 27%
of the total investments of Arab countries in Egypt which amounted to $
20 billion .
The report pointed out that the volume of Egyptian investments in
the Kingdom amounted to 1.1 billion dollars, distributed over 1043
projects, including 262 industrial projects, and 781 commercial and
service projects and other areas.