“There are nearly three million Egyptians working and living in Saudi Arabia, latest statistics by the Egyptian Central Agency for Public Mobilisation and Statistics indicate. The value of remittance from Egyptians working in Saudi Arabia reached $9.6bn during the fiscal year 2019-2020, compared with $8.5bn during the fiscal year 2018-2019, an increase of 12.4 per cent.” 

Saudi Arabia and Egypt have signed 14 agreements valued at $7.7 billion during a visit to Cairo by Saudi Crown Prince Mohammed bin Salman, the kingdom’s Minister of Commerce Majid Al Qasabi said on Tuesday. [The National]