1 | The Saudi-Egyptian Business Council called on the State of the Prime Minister and all the interviewed ministers that there should be international arbitration in the contracts of Saudi investors, as some investors of other Gulf countries. Their Excellency expressed their agreement and that there is no objection by the Egyptian authorities. This must be activated by the Saudi authorities, which facilitates and accelerates the litigation process. |
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2 | Assign a work team to discuss and resolve three of the oldest Saudi investor cases: |
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3 | The Le Meridian Hotel Case and The Hurghada Sheraton's Hotel Case. |
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4 | The investor Abdulelah Kakei's case. (Nubusid) |
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5 | Investor Bachfner's case. |
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6 | Saudi Business Council members met with the top Saudi investors in Egypt in the hospitality of His Excellency the Saudi Ambassador in Cairo. The Council's plan for the upcoming period was presented and what investors must do towards the council and in line with the Kingdom's directions. |
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7 | One of the outcomes of the joint meeting of the Saudi-Egyptian Business Council was coordinating regarding the Egyptian government's decision to impose protection fees on the Saudi iron product for the term of the agreement, as the Egyptian government responded, which contributed to the rapid settlement of economic issues using the language of economic interests. |
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8 | Form a committee in the Egyptian Council of Ministers to consider 15 cases for Saudi investors in preparation for their resolution and then work on resolving the remaining issues. |
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9 | Developing a website for Saudi-Egyptian Business Council |
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10 | Permanent communication between the Chairman of the Saudi-Egyptian Business Council and government entities on the government side to consider the mechanism of strengthening trade relations with Egypt. |
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11 | Develop a mechanism for the Business Council to bring sponsors to enhance the Council's financial resources |
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