REUTERS

"This accomplishment comes after hard work that lasted a long six years, during which time 11 rounds of meetings were held with the maritime delimitation committee between [Saudi Arabia and Egypt]," a statement from the Cabinet reads, according to Egyptian Streets.

Using "the most modern scientific methods," the committee came to the conclusion that the islands of Sanafir and Tiran are within Saudi Arabia's maritime territory, the statement went on to say.

The agreement will allow the two countries to benefit from what each island provides in "wealth and resources" that will be economically beneficial, according to the report.

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The two islands, located in the Red Sea to the east of the Sinai Peninsula and the west of the Arabian Peninsula, have previously been administered by Egypt but Saudi Arabia has also laid claim to them.