Egypt, Saudi Arabia to construct Red Sea bridge

King Salman and President Sisi signed eight agreements in different fields ranging from housing to electricity.
A bridge over the Red Sea that separates Egypt and Saudi Arabia is to be established, Saudi’s King Salman said in Cairo on Friday in a press conference with President Abdel-Fattah El-Sisi.
El-Sisi said the bridge, which would link the Asian and African continents and support export between the two countries, would be named after King Salman bin Abdelaziz.

“Agreement of mutual cooperation will be a paradigm shift for the upcoming generations of both countries,” El-Sisi said in a speech at the conference.

In his address, King Salman spoke about the importance and the historic nature of relations between Egypt and the Saudi kingdom.

“Relations between Egypt and Saudi Arabia an impregnable fortress of the Arab and Islamic nation,” said Salman during his speech.

During the conference the two heads of state signed a total of eight agreements to cooperate on different areas.

The areas were the establishment of the University of King Salman in Tour city in South Sinai; an electricity project in western Cairo; the building of housing units in Sinai; the renovation of Egypt’s largest public hospital, Qasr El-Aini; an agreement to avoid double taxation and prevent of tax evasion with respect to taxes on income; the peaceful use of nuclear energy;maritime transport and ports; and the demarcation of the maritime borders between the two countries.

A number of memorandums of understanding were also signed in the fields of agriculture, electricity, housing, trade and industry, prevention of corruption, and labour. Other agreements included three joint programs in the fields of education, culture, and radio and television production.

Also on Friday, the king was awarded Egypt’s Order of the Nile, the country’s highest state honour.

The monarch is visiting Egypt for five days.Source :Ahram online