CAIRO: Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef on Sunday met Egyptian Minister of Trade and Industry Ahmed Samir Saleh.
The Saudi minister is on an official tour to Egypt to discuss bilateral relations and explore opportunities to enhance cooperation in industry and the mining sector.
Alkhorayef and Saleh discussed ways to enhance cooperation between the two countries to develop the industrial sector, and reviewed investment opportunities.
The two sides also went over industrial integration between their countries, and means to increase the volume of trade exchange and boost industrial exports.
Last year, the volume of Saudi Arabia’s non-oil exports to Egypt exceeded SR11 billion ($2.9 billion), while imports totaled SR10 billion.
Alkhorayef said: “The trade between both countries is witnessing growth, but the aspirations of the leadership are much bigger.”
Deputy Minister of Industry and Mineral Resources Osama Al-Zamil, Saudi Ambassador to Egypt Osama Nugali and several industry and mineral resources sector officials attended the meeting.
