The Clap According to BBC, The Crown Prince of KSA, Mohammed bin Salman, stated that KSA will make large investments in Egypt, as they look to establish Neom.
The Deets Mohammed bin Salman had discussed that KSA will make large investments in Egypt particularly in Sharm El Sheikh due to its location on the Red Sea. No particular details were given regarding the size of the investments or what the funds will be used for.
What is Neom? Neom is a smart city being built in Tabuk Province in northwestern Saudi Arabia. It is planned to incorporate smart city technologies and function as a tourist destination.