Egyptian President visits Saudi Arabia

Egyptian President Mohamed Morsy today left Cairo for the Saudi Capital Riyadh, heading his country’s delegation to the 3rd Arab Economic, Social and Developmental Summit which will kick off on Monday. Morsy will hand the Chair to the Custodian of the Two Holly Mosques King Abdullah bin Abdulaziz, and will deliver a speech at the opening session addressing the economic situation in Egypt and the region, the importance of the Arab economic integration, increasing the inter-Arab investments and removing obstacles to increasing trade. The agenda before the summit, includes considering of the adoption of unified agreement to invest Arab capital in Arab countries, modifying investment agreements between Arab countries, and increasing trade between the Arab countries.