Saudi Arabia to launch business, tech university in Egypt

Saudi Arabia aims to launch a university for business and technology in Egypt. The university will be funded by Saudi Arabia.

Abdullah Dahlan, chairperson of the board of trustees of the University of Business and Technology (UBT), told Daily News Egypt that the coming period will see the agreement on the establishment of a Saudi university in Egypt.

Political leaders are being consulted about the proposed location, the period of implementation, and the total cost of establishing the university.

Dahlan pointed out that the attractiveness of investment in Egypt and the integrated legislative climate is a major reason for investment in Egypt.

He added that disadvantages exist in many countries, including developed ones, and not only in Egypt.