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Saudi Investment Minister Discusses Boosting Cooperation with Egyptian Transport, Industry Minister

Saudi Minister of Investment Eng. Khalid Al-Falih and Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir meet in Alamein. (SPA)
Saudi Minister of Investment Eng. Khalid Al-Falih and Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir meet in Alamein. (SPA)
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Saudi Investment Minister Discusses Boosting Cooperation with Egyptian Transport, Industry Minister

Saudi Minister of Investment Eng. Khalid Al-Falih and Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir meet in Alamein. (SPA)
Saudi Minister of Investment Eng. Khalid Al-Falih and Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir meet in Alamein. (SPA)

Saudi Minister of Investment Eng. Khalid Al-Falih and Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir held talks on Thursday in Egypt’s city of Alamein.

The officials discussed fostering collaboration between Saudi Arabia and Egypt and explored avenues to boost investment opportunities in the industrial, transportation, and logistics sectors.

Saudi Ambassador to Egypt Saleh bin Eid Al-Husseini and a delegation of Saudi investors were present at the meeting.

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Saudi Inflation Rate Remains Stable at 2.3% in June 2025

The Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025
The Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025
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Saudi Inflation Rate Remains Stable at 2.3% in June 2025

The Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025
The Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025

The General Authority for Statistics (GASTAT) reported that the annual inflation rate in Saudi Arabia remained stable at 2.3% in June 2025 compared to the same month of the previous year.

The Consumer Price Index (CPI) also remained steady at 0.2% in June 2025 compared to May 2025, on a monthly basis.

Similarly, the Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025 compared to the same month last year. However, the WPI decreased by 0.1% in June 2025 compared to May 2025.

According to GASTAT, CPI reflects price changes paid by consumers for a fixed basket of 490 goods and services. This basket was selected based on the results of the 2018 Household Income and Expenditure Survey. Prices are collected through field visits to points of sale, and the CPI statistics are published monthly.