Saudi Arabia Pledges $5 Billion Investment in Egypt Amid Economic Cooperation

On October 16, 2024, Saudi Arabia’s Crown Prince Mohammed bin Salman and Egypt’s President Abdel Fattah al-Sisi met in Cairo to strengthen economic ties. The leaders signed agreements to protect mutual investments and form a supreme coordination council between their countries. Egypt has faced economic challenges, including high inflation and currency devaluations. In response, the […]