Since he became crown prince previous year, Bin Salman has launched a massive anti-corruption campaign. The President pointed out the important and delicate timing of the visit by Crown Prince Mohammed bin Salman to Egypt, given the current challenges in the Middle East, which necessitate coordination between Egypt and the Kingdom of Saudi Arabia.
The visit comes weeks prior to Egypt's presidential election in which Sisi is seeking a second term.
President Abdel Fattah El Sisi received on Sunday Crown Prince, Deputy Prime Minister and Minister of Defense of the Kingdom of Saudi Arabia, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud.
The two men discussed the developments in the region and bilateral relations between their two countries.
Egypt eagerly joined Saudi Arabia and other Gulf allies last June in a trade and diplomatic boycott of Qatar, whose government and media it accuses of supporting the Muslim Brotherhood, hundreds of whose members Cairo has imprisoned and sentenced to death.
Rady also highlighted the significance of the visit's timing in light of the "great challenges now taking place in the Middle East, which require mutual coordination between Egypt and Saudi Arabia".
Saudi Arabia agreed in April 2016 to supply Egypt with 700,000 tonnes of refined petroleum products per month for a period of five years.
While expressing support for the Saudi-led war in Yemen, Cairo has stopped short of full engagement and has instead settled for a less direct military-support role.
The Saudi Crown Prince is scheduled to tour national projects, including the first phase of King Salman University in Sinai, the tourist city in the Giza Pyramids area and various health initiatives.
His visit comes a day after Egypt's top court upheld a deal to transfer two Red Sea islands to Saudi Arabia.
Salman has encouraged strong economic cooperation with Egypt and Sisi's ambitious projects.