27/05/2013
8 Saudi Companies Face Investment Obstacles to in Egypt
The mini-committee formed by the Ministry of Commerce and Industry recently Confined eight major Saudi companies facing investment problems in Egypt, investments are estimated at five billion Riyals. The committee will report to the Ministry at length about these problems, with attachments that prove the validity of these investments in Egypt.
The Committee Revealed the first sign of ending problems of Saudi investors in Egypt, after the Saudi side received a promise from the Investment Authority of Egypt to settle the case, after the decision of the Egyptian Cabinet last April to form a ministerial committee toresolve the violations "Nubaseed" company own by Saudi investor Abdelilah Al Ka'aki.
