Abou El-Enein Praises Egypt-Saudi Arabia Investment Agreement


Parliament Deputy speaker MP Mohamed Abou El-Enein congratulated the Egyptian people on the ninth anniversary of the June 30 Revolution, expressing appreciation to everyone who take part in and contributed to the June 30 Revolution.”

During the plenary session of the parliament on Sunday,  Abou El-Enein also expressed appreciation to the armed forces that supported the people and restored their confidence, praising the great leader who led the march after the great revolution, President Sisi, who is building the future of Egypt.

The parliament Deputy speaker discussed the agreement concluded between the government of the Arab Republic of Egypt and the government of the Kingdom of Saudi Arabia, regarding the investment of the Public Investment Fund in the Arab Republic of Egypt, signed in Cairo on March 30, 2022, pointing out that the agreement between Egypt and Saudi Arabia is an example to follow, as it preserves the investment and enjoys all the advantages in the laws.

He pointed out that the agreement is clear, especially in light of the Egyptian state ownership document, which values ​​the role of investment and investors, saying: “Welcome to Saudi investment and Arab investment to create added value in the Arab world.”

Abou El-Enein announced his approval to the investment deal saying: ” Welcome to Arab-Arab investment, it’s time for Arab-Arab integration, and this is what the two largest countries, Egypt and Saudi Arabia, are seeking.”