Egypt, Saudi sign 7.7-bln-USD investment deals

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Egypt, Saudi sign 7.7-bln-USD investment deals

STORY: Egypt, Saudi sign 7.7-bln-USD investment deals DATELINE: June 22, 2022 LENGTH: 00:01:35 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. shots of Egypt and Saudi Arabia signing investment agreements 2. Minister of Investment of Saudi Arabia Khaled bin Abdulaziz Al-Falih speaking 3. shots of a press conference 4. Mohamed Abdel-Fattah El-Masry, the vice-president of the Egyptian Federation for Commercial Chambers speaking 5. shots of a press conference STORYLINE: Egypt and Saudi Arabia signed 14 investment deals valued at 7.7 billion U.S. dollars in Cairo during the state visit of Saudi Crown Prince Mohammed bin Salman Al Saud, the Egyptian government said Tuesday. The agreements covered the fields of food and pharmaceutical industries, infrastructure, renewable energy, green hydrogen, e-commerce, digital finance, and information services, said a government statement. Almost half of the agreements were signed with Ajlan and Bros, a Saudi conglomerate, one of which focuses on building a petrochemical s

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