The Saudi-Egyptian Industrial Forum officially opened today in Riyadh, held under the patronage of Minister of Industry and Mineral Resources Bandar Alkhorayef. The forum seeks to strengthen strategic industrial cooperation and deepen integration between Saudi Arabia and Egypt.
Jointly organized by the Federation of Saudi Chambers of Commerce and the Federation of Egyptian Industries, the event attracted a high-level delegation, including Deputy Minister for Industrial Affairs Eng. Khalil bin Salamah, CEO of the Saudi Export Development Authority Abdulrahman Althukair, and over 300 influential industry leaders and investors from both countries.
In his remarks, Eng. Bin Salamah highlighted the importance of advancing economic collaboration and industrial integration. He called for expanding partnerships in five key sectors outlined in Saudi Arabia’s National Industrial Strategy: pharmaceuticals, automotive, building materials, textiles, and food industries.
Saudi-Egyptian Industrial Forum
He also pointed to growing strategic ties between the two nations, citing initiatives such as “Saudi Made,” “Future Factories,” and “Made in Egypt,” alongside broader cooperation in goods and services. Additionally, bin Salamah encouraged Egyptian investors to explore opportunities in the Kingdom, referencing Saudi Arabia’s ambitious plan to launch 24,000 new factories over the next ten years.
Hassan Alhwaizy, Chairman of the Federation of Saudi Chambers of Commerce, described the forum as a pivotal moment in the evolving industrial alliance, stressing the critical role of economic cooperation in shaping a resilient bilateral partnership.
Federation of Egyptian Industries
Mohamed El-Sewedy, Chairman of the Federation of Egyptian Industries, noted that ongoing global challenges are accelerating the need for deeper industrial integration, positioning both nations to better access the opportunities of the African market.
Bandar Al-Ameri, Chairman of the Saudi-Egyptian Business Council, emphasized the significant growth in trade between the two countries. He highlighted the recent signing of a mutual investment protection and promotion agreement as a major strategic step toward solidifying long-term economic ties.
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