Egyptian-Saudi Association’s Investments are US$27bn

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Egyptian-Saudi Businessmen Association’s total investments are ranging between US$26 to US$27 billion in the Egyptian market within the upcoming period, general secretary Ahmed Sabry revealed.

Sabry told Amwal Al Ghad that the Association eyes becoming 100 established Saudi firms by the end of 2014.

Association succeeded in establishing about 45 firms in the frame of the Association’s strategy to develop Saudi investments in the Egyptian market, Sabry said.

Furthermore, Association incepted since June 2013 with the aim of helping Egyptian government and private sector to boost investments and to find appropriate investment atmosphere and environment.