Saudi Arabia, Egypt sign 14 agreements worth $7.7 billion

Disir

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Sep 30, 2011
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Saudi Arabia and Egypt have signed 14 agreements worth $7.7 billion, Egypt’s General Authority for Investment and Free Zones said in a statement on Tuesday.

Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Egypt on Monday as part of a tour that will include visiting Jordan and Turkey.

Deals signed included an agreement between Saudi Arabia’s Acwapower and the Egyptian Electricity Holding Company to produce and transmit 1100 MW of windpower, the authority’s statement said.

That is excellent.
 

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