Egypt, Saudi Arabia agree $16 bn investment fund, settle maritime spat

Egyptian President Abdel Fattah al-Sisi and Saudi King Salman agreed to set up a $16-billion investment fund Saturday and settled a long-standing maritime dispute as the monarch continued his rare visit to the country. A day after Salman announced a plan to build a bridge over the Red Sea to Egypt, the heads of state met at the historic Abdeen Palace in Cairo to oversee the inking of a string of agreements Egypt hopes will help boost its battered economy. In one of the most high-profile announce