APR 25, 2024 JLM 77°F 08:09 AM 01:09 AM EST
Saudi Arabia continues to pour billions into Egypt

Saudi Crown Prince Muhammad bin Salman ends his visit to Egypt today. The visit is part of the players' preparations in the region for President Biden's visit next month.

In this context, the Saudis opened (again) the wallet to help the Egyptian economy. It was announced today that $ 7.7 billion in investment agreements had been signed on the sidelines of the visit.

Among the projects is a plan to build what is defined as the largest wind energy project in the Middle East at a total cost of $ 1.5 billion to be carried out by the Saudi company Aqua Power.

 

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Comments
Asko Gabriel 00:28 22.06.2022
Do they need water purification / treatments plants nowdays in the Middle-east, or, do you think that fresh, elegantly bottled water from Lappland could be a succusfull brand over there?
Asko Gabriel 00:22 22.06.2022
According to Finnish Wikipedia and mr. Kauko Parkkinen the tax office created a closure to the VS-yhtiöt naned company with a billion Finnish markka contract after Iran-Iraq war started in 1980.
Asko Gabriel 00:17 22.06.2022
WoW. According to France24 Egypt will deliver gas to Libanon via Syria? I wonder how?
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