Egyptian, Saudi firms sign deals as MbS visits Cairo

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Saudi and Egyptian companies signed agreements worth a total of $7.7 billion during a visit to Cairo by the Saudi crown prince, state media in both countries said. The deals were related to “infrastructure, logistical services, port management, agri-foods, the pharmaceutical industry, fossil fuels and renewable energy, and cybersecurity” and were worth $7.7 billion, Egyptian daily Al-Ahram said. “Fourteen investment agreements worth more than 29 billion riyals ($7.7 billion) were signed between a group of leading Saudi companies in various economic activities and several Egyptian companies and…

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