Saudi Ambassador to Egypt Hisham Nazer emphasized the depth and strength of ties between the Kingdom of Saudi Arabia and Egypt in all fields. In a press statement on the sidelines of his current visit to Al-Sharqiah Governorate, Egypt, the ambassador said that the Kingdom of Saudi Arabia invests $19.5 billion in Egypt, pointing out that the Kingdom is the largest Arab trade partner to Egypt. In 2008, the volume of trade exchange between the two countries reached $3.569 billion dollars, representing 32% of the volume of trade between Egypt and the Arab countries. "The value of Saudi exports to Egypt amounted to $2,642 million, while the value of Saudi imports from Egypt reached $926 million", the Saudi ambassador said.
