On September 16, 2024, Dr. Mostafa Madbouly, the Prime Minister of Egypt, hosted a meeting with Saudi Arabia's Minister of Investment, Eng. Khalid bin Abdulaziz Al-Falih, at his residence in Riyadh. During their discussion, they engaged in warm exchanges and explored mutual interests in the investment sector. The conversation focused on enhancing Saudi-Egyptian investment relations, bolstering support for the private sector in both nations, and reviewing the progress of negotiations on an agreement to protect and encourage mutual investments between Saudi Arabia and Egypt.