Egypt will be hub for exporters to reach Africa – Bandar Alkhorayef

Egypt is a centre for Saudi exporters and an entry gate to Africa said the Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef on Tuesday.

Alkhorayef also said that he is working on facilitating investment for Saudi investors with the current currency shortage crisis in Egypt.

He also revealed that both countries have signed an agreement to provide production inputs for various industries in the Kingdom. He further expects an increase in trade between Saudi Arabia and Egypt in the coming years.

Alkhorayef also said that the Saudi government looks forward to benefit from Egypt’s experience in manufacturing vehicles.

He also said that Saudi investors are looking forward to increase the investments in Egypt.