Egypt, Saudi Arabia agree on increasing agricultural investments

Egypt and Saudi Arabia agreed on increasing the Saudi investments in Egypt so as to remove the obstacles in front of activating the Arab investments especially in the field of agriculture.

It was also agreed to form a technical committee to inspect the investment sites and prepare full studies about the soil, water and atmosphere around the year as well as the uses of the new and renewable energies.

These remarks came during discussion session held in Cairo between the Egyptian Agriculture Minister Salah Helal and his Saudi counterpart Abdulrahman bin Abdulmohsen al Fadhli and his accompanying delegation.

The meeting was also attended by the Local Development Minister Adel Labib, Minya Governor Salah Ziyada and representative of the International Cooperation Ministry.