Home » News » The Saudi ambassador during his meeting with the Prime Minister: We are discussing pumping more investments in Egypt

The Saudi ambassador during his meeting with the Prime Minister: We are discussing pumping more investments in Egypt


Written by Hind Mukhtar – Photography by Suleiman Al-Atifi

Tuesday, February 21, 2023 03:05 PM

Dr. Mostafa Madbouly, Prime Minister, held a meeting today to review the projects that the Saudi “Almarai” company wishes to launch in Egypt during the coming period, and to increase its investments.

This came in the presence of Prince Nayef bin Sultan, Chairman of the Board of Directors of Almarai Company, Ambassador Osama Nuqli, Ambassador of the Kingdom of Saudi Arabia to Egypt, Mark Wille, CEO of Bayti, a subsidiary of Almarai, and Abdullah Badr, CEO of Almarai Company. Mustafa Ibrahim Al-Sayyad, Deputy Minister of Agriculture for Livestock, Fisheries and Poultry Affairs.

The Ambassador of the Kingdom of Saudi Arabia to Egypt confirmed that this meeting reflects the interest of the two countries to support the joint investment file for the private sector in Egypt, expressing his happiness for attending this important meeting.

He added, “Today we are discussing new projects – not challenges – which is a step towards encouraging more investments in the Egyptian market.”

At the end of his speech, Ambassador Osama Naqli thanked all those involved in the investment file in Egypt.





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