Saudi King Salman orders investments in Egypt exceed $8 bln

A couple rides a jetski past the Egyptian crude oil tanker "Sharifa 4" near the beach in El Ain El Sokhna port in Suez before the tanker enters the Suez Canal, east of Cairo, Egypt, July 26, 2015. (Reuters)

Saudi Arabia’s King Salman on Tuesday ordered the kingdom to help meet Egypt's petroleum needs for the next five years, Saudi state news agency SPA reported.

He also ordered that Saudi investments in Egypt be more than $8 bln (30 billion Saudi riyals,) SPA said.

Last Update: Wednesday, 20 May 2020 KSA 09:46 - GMT 06:46