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The Saudi-Egypt Joint Committee meeting concluded yesterday in Riyadh with a consensus to boost trade between the two countries, state news agency SPA reported yesterday. The committee was led by Commerce Minister Majid Al Qasabi and Egyptian counterpart Ahmed Samir. Trade volume between Saudi and Egypt currently stands at USD 20 bn, according to Al Qasabi.
An easier way of doing business for investors in Egypt? The Egyptian side pledged to provide necessary facilitations to Saudi investors looking to invest in the country, according to Al Eqtisadiah. They also said they were committed to resolving hurdles facing Saudi investments in Egypt.
The Saudi-Brazilian Business Forum went down to business yesterday, with over 150investors taking part in the forum organized by the Federation of Saudi Chambers, state news agency SPA reported yesterday. It saw discussions on potential investments and partnerships in aviation, energy, logistics, mining, food security, pharma and others.
