Riyadh, March 3, 2024
The Saudi-Egyptian Business Council convened in the capital city of Riyadh, marking a significant milestone in bilateral relations. The council was graced by the esteemed presence of His Excellency Saudi Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, and His Excellency Egyptian Minister of Trade and Industry, Engineer Ahmed Sameer Saleh.
Discussions at the council revolved around enhancing economic ties between the two brotherly nations and developing strategic partnerships across various sectors. Participants emphasized the importance of bolstering economic and trade cooperation between the Kingdom of Saudi Arabia and the Arab Republic of Egypt.
In this context, AlSharif Group Holding (ASG) reiterated its steadfast commitment to boosting investments in the Egyptian market, with current investments exceeding three and a half billion Egyptian pounds. The company affirmed its readiness to expand investment scope to support economic development in Egypt and strengthen economic ties between the two countries.
The council concluded with a reaffirmation of efforts to enhance bilateral relations between Saudi Arabia and Egypt, aiming to promote stability and prosperity in the region.
