Saudi Ambassador to Egypt Ibrahim bin Saad Albrahim has praised the 22nd Annual Festival of Horse Race on the Cup of Crown Prince Abdullah bin Abdulaziz, the Deputy Premier and Commander of the National Guard which was held here today. In a press statement, he noted that the Crown Prince has been keen on continual holding and patronizing the festival in Egypt to support distinguished and growing relations between the two countries especially in sports field. He pointed out that trade exchange between the two countries amounted to 2 billion Egyptian pounds and the Kingdom's investments in Egypt amounted to 5.5 billion pounds. On his part, Director General of Saudi Equestrian Club Rashid Al-Zinidi said that this horse race championship emanated from the Crown Prince's initiative to annually compete for his cup.
