Saudi-Egyptian Business Council held a meeting here yesterday to discuss the promotion of trade exchanges between the two countries and Saudi investments in Egypt. Addressing the meeting, the Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah, said that the policies of supporting trade cooperation pursued by the Governments of the Kingdom of Saudi Arabia and Egypt, have led to making Saudi investments among top Arab and Foreign investments that are entering the Egyptian economy and generating positive impacts on the enhancement of Egyptian income sources. He noted that the Kingdom also provides a fertile investment environment for Egyptian businessmen, as investments in Saudi Arabia have been characterized by significant benefits in addition to the Kingdom facilitating an incentive system for foreign investment. --More
