A bank has been set up in Egypt to support small businesses and protect Saudi investments, the Gulf kingdom's state news agency SPA reported Sunday.
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Trade between Saudi Arabia and Egypt has reached more than four billion dollars per year, with Saudi investments in Egypt topping $10 billion dollars.
Saudi Arabia in May pledged four billion dollars in aid to Egypt in the form of long-term loans and grants.
Egypt's economy, largely dependent on tourism, has taken a hit since a revolt which ousted president Hosni Mubarak in February.