The cabinet decided Thursday to finalize a deal on economic and customs cooperation with Saudi Arabia.

The economic cooperation deal was clinched between the Ministry of International Cooperation and the Saudi fund for Development.

According to the deal, Saudi Arabia will offer 2.5 billion dollars for funding several development and services' projects in Egypt.

The cabinet also okyaed a customs cooperation deal, signed on March 19, 2015.

The customs deal involves sharing technical expertise and data along with conducting training sessions to ease the customs measures and discover violations.