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Wednesday, 23 October 2019

Egypt, Saudi Arabia discuss establishing joint industrial zone

The two sides discussed the recommendations of the 16th session of the Saudi-Egyptian Joint Committee in a meeting held in Cairo last week

MENA , Ahram Online , Sunday 30 Dec 2018
Trade Ministry
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Egypt and Saudi Arabia have discussed establishing a joint industrial zone in Egypt, the head of the Ministry of Trade and Industry's Trade Agreements Sector, Amany Al-Wassal, said in a statement Saturday.

The two sides held the first meeting of a working group tasked with following up on recommendations of the 16th session of the Saudi-Egyptian Joint Committee held in Cairo last week.

The meeting also reviewed legislative reforms in the field of industrial investment in Egypt, Al-Wassal added.

During the meeting, the two sides mulled ways of boosting cooperation in many economic fields, including trade, investment, industry, finance, customs, agriculture, electricity, transport and housing, in addition to some social, cultural, media and other areas.

A logistics area for storing, packaging, processing and exporting dates was also proposed.

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