Saudi Arabia’s powerful crown prince, Mohammed bin Salman, departed for Jordan after concluding a deal with Egypt on Tuesday following talks with President Abdel Fattah el-Sisi.
The two leaders discussed a wide diversity of issues, adding ties between the two regional heavyweights and President Joe Biden in the Middle East next month, according to el-Sisi’s office.
The two countries have signed 14 investment deals worth $7. 7 billion in spaces such as infrastructure, renewable energy and the pharmaceutical industry, according to Saudi Commerce Munster Majid bin Abdullah Al Qasabi.
All but one of the agreements are agreements with the personal sector. They come with a $1. 5 billion deal between Saudi Arabia’s Acwaforce and Egypt’s state-owned force company to build a wind power plant, according to the Egyptian Cabinet.
A group also said Saudi Arabia would lead efforts to inject $30 billion in investments into Egypt. He did not elaborate.
Bin Salman arrived in Cairo on Monday night for the first leg of his regional tour, which includes stops in Jordan and Turkey. The crown prince received a warm welcome in Cairo: El-Sisi at the airport for his arrival and departure.
Bin Salman left Cairo on Tuesday for Amman for talks with Jordan’s King Abdullah II, who will also attend a Saudi-hosted summit with the U. S. president. The summit will bring together the leaders of the Gulf Cooperation Council, Iraq and Egypt.
Biden is scheduled to make a stopover in Saudi Arabia at the end of his July 13-16 trip to the Middle East, which includes stops in Israel and the occupied West Bank.
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