Egyptian Minister of Investment and International Cooperation Sahar Nasr meets Saudi Arabia’s Prince Khaled bin Talal bin Abdulaziz Al Saud to discuss investment opportunities, Invest-Gate reports.

At his meeting with Nasr, Al Saud expresses his willingness to establish special projects in Sharm El Sheikh, enter into partnerships to expand a number of current projects, and support any stumbling projects, according to a releases statement.

Egypt has taken on a number of procedures to improve investment climate like the approval of the new investment law, encouraging him to invest in the country.

Nasr says that there are a number of investment opportunities in the New Administrative Capital, New El-Alamein City, and South Sinai.