Saudi Arabia and Egypt sign $1.8bn contract for electrical connection

Saudi Arabia and Egypt have signed new contracts for electrical connection projects.

The deal is valued at $1.8 billion, and will start in 2022.

By the end of the project, there will be a mutual exchange of 3000 watts of electricity.

“Saudi Arabia and Egypt share the same goals, and we work together as a team to implement them ” said Abdulaziz bin Salman, the minister of energy in Saudi Arabia during a virtual conference.

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