Saudi Arabia’s Crown Prince Mohammed bin Salman paid an official go to to Egypt.
Salman was welcomed by Egyptian President Sisi at Cairo Worldwide Airport.
Selman-Sisi assembly
The 2 males then went into dialog. In line with the Saudi state information company SPA, it was acknowledged that the agenda objects of the assembly consisted of bilateral cooperation and strengthening widespread pursuits.
Sources famous that earlier than Biden’s go to to the area in July, Salman and Sisi mentioned numerous points, together with the influence of the Ukraine conflict, in addition to the compatibility of the positions of Saudi Arabia and Egypt.
14 offers price $7.7 billion
It was additionally acknowledged that throughout the scope of the Saudi Crown Prince’s go to, 14 agreements price 7.7 billion {dollars} might be signed between the 2 international locations.
In line with the information of Al Arabiya, the areas the place agreements might be signed embody oil, renewable vitality, inexperienced hydrogen, data know-how, e-commerce, well being, infrastructure and cyber safety.
Commerce quantity reached 14 billion {dollars}
There are presently greater than 150 bilateral agreements between Cairo and Riyadh. In 2021, the amount of commerce between Egypt and Saudi Arabia reached 14 billion {dollars}.
Whereas investments in Riyadh in Egypt by greater than 6,800 Saudi firms exceeded $32 billion, Cairo’s investments in Saudi Arabia by greater than 800 Egyptian firms exceeded $5 billion.
He’ll go to Jordan and Turkey
The Crown Prince’s go to to Egypt was recorded as his fifth go to to the nation in the final 4 years.
After Egypt, Mohammed bin Salman can pay an official go to to Jordan and Turkey.
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