Saleh Al-Tayar.. Development rates between Egypt and Saudi Arabia are constantly growing
“Dr. Saleh Bakr Al-Tayyar, Director of the Arab European Studies Center and former Secretary-General of the Franco-Arab Chamber of Commerce, has highlighted the diversification of Egyptian-Saudi relations across economic, industrial, cultural, and political spheres, especially in light of the strong ties between President Abdel Fattah El-Sisi, the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and Crown Prince Mohammed bin Salman Al Saud.
In press statements, Al-Tayar affirmed that the development rates between Saudi Arabia and Egypt are continuously growing, reflecting the depth of the relationship between the two countries.
The Saudi lawyer, Dr. Saleh bin Bakr Tayar, Chairman of the Arab European Studies Center and former Secretary-General of the Franco-Arab Chamber of Commerce, pointed out that Saudi investments in Egypt have witnessed significant growth in recent years, encompassing all industrial and commercial sectors.
He stated, “Thanks to the wise leadership of President Abdel Fattah El-Sisi, Egypt has become a destination for investment worldwide, making it a global focal point for development.” He emphasized that Egypt, under the leadership of President Abdel Fattah El-Sisi, is steadily progressing in development and advancement across all sectors through the economic revolution that Egypt is witnessing in all sectors at the republic’s level.
Al-Tayar explained that Egyptian-Saudi relations are a cornerstone of joint Arab action, as the two countries represent the cornerstone of Arab national security and the foundation of stability and security in the entire region. Coordination between the two countries has become the cornerstone of protecting Arab national security, and the two countries also represent the locomotive of moderation and modernization in the region while preserving its identity.
He affirmed that since President Abdel Fattah El-Sisi assumed the helm of the state, Egypt has witnessed development in all sectors, not only urban but also surpassing all sectors such as roads, infrastructure, railways, residential cities, and the elimination of slums. Moreover, economic activity has been steadily progressing day by day, making Egypt a global destination for investment. The new administrative capital, which is witnessing tremendous growth and attracting foreign investment, as well as the new city of El Alamein, are clear evidence of this. This is also due to the strength of security and stability thanks to the efforts of President Sisi in combating terrorism.
Al-Tayar also praised the infrastructure projects implemented by the state on an unprecedented scale, appreciating the role of President Abdel Fattah El-Sisi and his directives to the government to expand the establishment of these projects and develop their operations. He commended the magnitude of the boom that Egypt has witnessed in the construction of the new road network, which significantly contributes to real development and maximizes investment opportunities. Additionally, he praised the projects to develop informal settlements, relocate their residents to healthy areas, provide them with a suitable environment and a decent life, and establish schools, places of worship, recreational and sports facilities such as clubs.”
