Arab Today, arab today saudi arabia egypt sign 21 agreements and memorandums of understanding
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Saudi Arabia, Egypt Sign 21 Agreements and Memorandums of Understanding

Arab Today, arab today

Arab Today, arab today Saudi Arabia, Egypt Sign 21 Agreements and Memorandums of Understanding

Saudi Arabia, Egypt Sign 21 Agreements and MoUs
Cairo - Arab Today

The Kingdom of Saudi Arabia and Egypt have signed 21 agreements and Memorandums of Understanding (MoU) included many areas of cooperation between the two countries. 
The agreements, which were signed in Cairo Saturday in the presence of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia and President of Egypt Abdel Fattah Al-Sisi, included the establishment of a $60 billion Saudi riyals Egyptian-Saudi investment fund. 
The two countries also signed a MoU to set up a free economic zone in the Sinai Peninsula among other agreements between the Egyptian Ministry of international cooperation and the Saudi Fund for development, including the building of housing units in Sinai (phase II) and the establishment of the Development Road, which will be 90 km long, in addition to four framework agreements for cooperation in the field of housing with four Egyptian companies from the private sector. 
The agreements also include a MoU between Saudi Aramco and Egypt's Arab Petroleum Pipelines Company SUMED, a MoU regarding the work of the two countries' Coordination Councils, the establishment of bridges company to develop the Suez Canal zone worth 3 billion Egyptian pounds and the establishment of a company to develop 6 square kilometers of the industrial zone in Egypt's Suez Canal worth $3.3 billion.

Source: QNA

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 arabia egypt sign 21 agreements and memorandums of understanding Arab Today, arab today saudi arabia egypt sign 21 agreements and memorandums of understanding

 



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 arabia egypt sign 21 agreements and memorandums of understanding Arab Today, arab today saudi arabia egypt sign 21 agreements and memorandums of understanding

 



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
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