Egypt, Saudi Arabia discuss cooperation on trade, industry

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Egypt, Saudi Arabia discuss cooperation on trade, industry

STORY: Egypt, Saudi Arabia discuss cooperation on trade, industry DATELINE: June 5, 2023 LENGTH: 0:01:12 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1 various of the Egyptian Ministry of Trade and Industry 2 various of a press conference STORYLINE: Egyptian and Saudi Arabian industrial ministers met on Sunday to discuss economic cooperation, with a focus on trade, industry, and investment. The visiting Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef highlighted the potential for bilateral collaboration in various industries, including mining. He also emphasized Saudi Arabia's efforts to diversify its economy through initiatives like the education sector under Saudi Vision 2030. For his part, Egyptian Minister of Trade and Industry Ahmed Samir highlighted the growth of bilateral commodity trade between Egypt and Saudi Arabia, which reached nearly 5.7 billion U.S. dollars in 2022. The ministers agreed to continue to work together to strengthen economic ties between the two co

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