Cairo-Riyadh trade ties gain momentum

RIYADH, Nov 20 (Arab News): Economic and trade partnerships between Cairo and Riyadh are on track to strengthen amid the Saudi commerce minister's visit to the North African country on Nov.19.
Egyptian Prime Minister Mostafa Madbouly received Saudi Commerce Minister Majid bin Abdullah Al-Qasabi and the delegation, which included 90 senior businessmen and leaders of prominent national firms.
The objective of the meeting was to raise the levels of bilateral trade exchange in light of the economic reforms implemented by the two countries. This meeting also aligned with the broader plans to transform the region into a global logistics centre.
The forum also intended to develop trade between the two countries and other nations within the African continent, fostering increased economic integration.