Saudi fund agrees to pump new investments in Egyptian market

Investment and International Cooperation Minister Sahar Nasr wound up on Thursday her visit to Saudi Arabia by holding a series of meetings with investors and representatives of Arab funds.

The meetings came on the sidelines of the Future of Investment initiative conference chaired by Saudi Arabia’s Crown Prince Mohammed bin Salman with the participation of more than 2,500 prominent figures in the business community.

According to a statement by the minister, Nasr met with the Public Investment Fund CEO Yasser bin Othman Al Rumayyan and discussed increasing cooperation between the ministry and the fund and luring more Saudi investments to the Egyptian market.