Arab Today, arab today saudi ambassador ties with egypt grow
Last Updated : GMT 10:54:12
Arab Today, arab today
Arab Today, arab today

Saudi Ambassador: ties with Egypt grow

Arab Today, arab today

Arab Today, arab today Saudi Ambassador: ties with Egypt grow

Saudi arabia
Cairo - MENA

Saudi Ambassador in Cairo Ahmed Abdel Aziz al-Qattan said Thursday bilateral relations between his country and Egypt witness more cooperation at the current stage.

At a press conference at the Saudi embassy HQ in Cairo, the ambassador added that the coming stage will see more cooperation between the two sides.

Saudi investments in Egypt hit 8 billion dollars, a fact that casts doubt on all doubtful parties about those relations.

"The past period witnessed serious work as we started in Riyadh by signing the Egyptian-Saudi Coordination committee meeting followed by the second one in Cairo last week.

The third such meeting will be held on January 5 in Saudi Arabia to assign work groups, he said.

Recently, Saudi King Salman bin Abdel Aziz gave instructions to increase the Saudi investments in Egypt 60 billion Egyptian pounds despite the fiscal deficit the Kingdom is suffering at the current year, the ambassador said.

Saudi support of Egypt will help the Arab country overcome the financial difficulties.

Provision of the energy needs of Egypt on the long run will boost the Egyptian government's tendency to continue restructuring energy subsidy as it targets 30 percent of the subsidy at less than 40 billion Egyptian pounds against the last year's levels of 120 billion pounds.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today saudi ambassador ties with egypt grow Arab Today, arab today saudi ambassador ties with egypt grow

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today saudi ambassador ties with egypt grow Arab Today, arab today saudi ambassador ties with egypt grow

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday