Egypt and Saudi Arabia agreed to boost cooperation in trade, investment, electricity, oil and petrochemicals, telecommunications, and finance during a meeting of the Egypt-Saudi working group, headed by Trade Minister Nevine Gamea and her Saudi counterpart, according to a cabinet statement. The two sides also agreed to finish the procedures for the countries’ electricity interconnection, host a joint investment conference this year, as well as activate an institutional cooperation program to help facilitate investments between the countries.

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