Saudi Arabia

Baghdad hosts Iranian-Egyptian talks: Iraqi FM

Fri, 01 Jul 2022 - 12:03 GMT

On April 13, 2022, Egyptian Foreign Minister Sameh Shoukry met with US Special Envoy for Iran Robert Malley during the former’s official visit to Washington. During the meeting, Shoukry and Malley discussed the situations in the Middle East region, the Egyptian Ministry of Foreign Affairs said in a statement.

GAFI head urges fostering investment relations with Saudi Arabia

Sun, 26 Jun 2022 - 03:48 GMT

His call came during a meeting on Sunday with a delegation of the Saudi Real Estate National Committee headed by Muhammad Abdullah Al Murshid.

EgyptAir starts air bridge to transport pilgrims to Saudi Arabia on Friday

Thu, 23 Jun 2022 - 05:34 GMT

The first batch of pilgrims will depart on eight flights from the Cairo International Airport; six flights to Madinah and two flights to Jeddah, the company added.

Saudi fund chief says keen on working in Egypt especially in generating renewable energy field

Wed, 22 Jun 2022 - 04:41 GMT

He noted that the fund is willing to visit Cairo in September to inspect the fund’s projects in Egypt as well as inking a number of partnerships between Egyptian and Saudi companies.

Agreements signed between Egypt, Saudi rabi Arabia reflects the two countries strong ties: Saudi investment Min.

Tue, 21 Jun 2022 - 09:19 GMT

Saudi Investment Minister Khalid Al-Falih said that the agreements signed between Egypt and Saudi Arabia reflect the ‘weight of the two countries as an economic center’ in the Middle East.

Egypt, Qatar sign MoU on financial policy coordination

Tue, 21 Jun 2022 - 05:05 GMT

The MoU aims to foster joint cooperation, as well as to coordinate financial visions, positions, and policies at the bilateral level and in international forums.

ACWA Power signs $1.5B contract with Egypt to build largest wind power plant in Middle East

Tue, 21 Jun 2022 - 03:56 GMT

ACWA Power is interested in investing in Egypt in two promising fields: the first is water desalination and producing green hydrogen.

Plan set to ensure long-term flow of Saudi investments into Egypt

Tue, 21 Jun 2022 - 02:11 GMT

The General Authority for Free Zones and Investment (GAFI) and the Saudi Ministry of Investment collaborated in setting a plan to ensure a long-term flow of Saudi investments into Egypt.

Agreements signed bet. Egypt, Saudi Arabia to develop capabilities of Egyptian economy: GAFI

Tue, 21 Jun 2022 - 12:16 GMT

These agreements will support the infrastructure, logistics and technology sectors; which work to develop the capabilities of the Egyptian economy.

Egypt, Saudi Arabia to sign investment protection agreement: Khalid Al-Falih

Tue, 21 Jun 2022 - 11:56 GMT

This came during his speech on the sidelines of the conference held at the Egyptian Investment Authority, Tuesday, to sign investment agreements for the private sector.

Egypt, Saudi Arabia sign 14 investment agreements worth $7.7B

Tue, 21 Jun 2022 - 11:55 GMT

Those are in the sectors of infrastructure, logistics, port management, food industries, pharmaceuticals, traditional energy, renewable energy, e-payment, digital financial and information solutions.

Saudi investments in Egypt exceed $32B

Tue, 21 Jun 2022 - 11:39 GMT

The Egyptian investments in Saudi Arabia amount to $5 billion through more than 802 Egyptian companies.

Saudi Al Hokair acquires 5% of ValU's shares

Mon, 20 Jun 2022 - 02:34 GMT

After the completion of obtaining regulatory approvals and ensuring that the agreed terms are met, this deal will be the first investment by the saudi Al Hokair in one of the Egyptian buy now and pay later (BNPL) platforms.

Egypt’s band Sharmoofers performs a highly successful concert in Jeddah Season

Mon, 20 Jun 2022 - 01:59 GMT

Egypt’s band Sharmoofers performs a highly successful concert in Jeddah Season

Egyptian president holds trilateral meeting with kings of Jordan, Bahrain in Sharm El Sheikh

Sun, 19 Jun 2022 - 01:01 GMT

President Abdel Fatah al-Sisi held Sunday a trilateral meeting in Sharm El Sheikh with King Abdullah II of Jordan and King Hamad Bin Eissa Al Khalifa of Bahrain.

President Sisi to meet Saudi Crown Prince in Sharm El Sheikh Monday

Sat, 18 Jun 2022 - 07:27 GMT

Both leaders are expected to tackle a number of regional and international issues, foremost of which is the Iranian nuclear file, efforts to end the war in Yemen, the and repercussions of the Russian-Ukrainian war on the region.

Saudi Crown Prince to embark on tour including Egypt, Jordan, Turkey ahead of Biden’s visit to Riyadh: News Agency

Thu, 16 Jun 2022 - 01:18 GMT

Bin Salman’s tour comes two weeks before US President Joe Biden’s visit to the Saudi kingdom, scheduled on July 15 and 16, following another visit by Biden to Israel on July 14, and 15.

Egyptian gov't approves agreement with Saudi Arabia regarding investment of Public Investment Fund

Wed, 15 Jun 2022 - 03:53 GMT

In accordance with the agreement, the Arab Republic of Egypt is committed to providing technical support for available investment projects in the sectors in which the Fund wishes to invest.

Egyptian president to meet Joe Biden at Saudi Arabia summit in July 2022

Tue, 14 Jun 2022 - 06:02 GMT

The Royal Diwan of Saudi Arabia announced Tuesday that U.S. President Joe Biden would attend on July 16 a summit encompassing the heads of state of Gulf Cooperation Council (GCC) countries, as well as Egypt, Jordan, and Iraq.

Saudi Acting Minister of Information visits International Museum Prophet’s Biography, Islamic Civilization in Madinah

Sun, 12 Jun 2022 - 06:13 GMT

Dr. Majid bin Abdullah Al-Qasabi, visited the headquarters of the International Museum of the Prophet's Biography and Islamic Civilization in Madinah.