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Saudi King Salman orders investments in Egypt exceed $8 bln

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A couple ride a jetski past the Egyptian crude oil tanker Sharifa 4 near the beach in El Ain El Sokhna port in Suez
A couple ride a jetski past the Egyptian crude oil tanker Sharifa 4 near the beach in El Ain El Sokhna port in Suez

Cairo, Reuters, 16 December 2015 - Saudi Arabia’s King Salman on Tuesday ordered the kingdom to help meet Egypt’s petroleum needs for the next five years, Saudi state news agency SPA reported.
He also ordered that Saudi investments in Egypt be more than $8 bln (30 billion Saudi riyals,) SPA said.

 

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