Sherif Ismail

Prime Minister Sherif Ismail said on Friday that Saudi King Salman bin Abdulaziz's visit to Egypt stresses that Egypt and Saudi Arabia have the same vision and destiny.

In statements to the Saudi state TV, the prime minister said that the Saudi investments in Egypt is considered the biggest among others.

He added that the Egyptian-Saudi coordination council is a new mechanism that supports cooperation between the two Arab countries.

The volume of Saudi investments in Egypt reaches 6.2 billion dollars, he said, adding that the Saudi King directed to boost these investments.

Ismail added that Saudi Arabia will provide Egypt with petroleum products to support the Egyptian economy in the upcoming period.

He also pointed out to the Saudi support for Egypt especially after the June 30 revolution.

Source : MENA