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Thursday, 23 June 2022

Egypt signs almost $8bn in deals with Saudi Arabia



 Egypt has signed a raft of deals with Saudi Arabia worth nearly $8bn (£6.5bn) during a visit to Cairo by the Gulf kingdom’s de facto ruler, Crown Prince Mohammed bin Salman.

It includes a $1.5bn investment in a wind power plant in Egypt, the government said in a statement.

This was the Saudi crown prince’s first tour outside the Gulf for three years.

He will later travel for talks with the leaders of Jordan, then Turkey – in what will be the latest step in restoring ties damaged by the killing of the Saudi journalist Jamal Khashoggi in Istanbul in 2018.

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