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Egyptian-Saudi joint firm with 5 billion investment
Egypt-Saudi Arabia, Economics, 6/5/2006
Egypt's Prime Minister Ahmed Nazif witnessed yesterday the inking of a memorandum of understanding between Egypt and Saudi Arabia to set up a joint real estate company with 5 billion Egyptian pounds capital.
Cabinet Spokesman Magdi Radi said Nazif welcomed the memo as a chance for luring more Arab investments to Egypt. Radi said real estate sector increased by 12% last year, expecting this figure to surge this year.
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Rasheed: Egypt-Saudi Arabia new stage towards mature economic ties
(5/30/2005)
Rasheed: Egypt, Saudi Arabia agree to multiply trade exchange
(4/4/2005)
Agreement on establishing Egyptian-Saudi transport company, two investment offices
(3/31/2005)
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