Featured Aramco acquires additional 22.5% of Petro Rabigh Aya Anwar Aug 7, 2024 0 Aramco has reached a definitive agreement to acquire an additional 22.5 per cent stake in Petro Rabigh for $702…
Banks APICO secures SR 25m funding from SNB Nada Ali Feb 25, 2024 0 Riyadh-based Arabian Plastic Industrial Company (APICO) has obtained shariah-compliant banking facilities of five…
Featured IKEA opens its second branch in Egypt Sanaa Allam Mar 4, 2021 0 IKEA, the world's biggest furniture retailer, opened on Wednesday its second branch in Egypt in in collaboration…
Money Experts in talks over $23bn smart infrastructure projects in Riyadh Amwal Al Ghad English Nov 20, 2019 0 More than 60 international experts joined senior Saudi government officials at a major two-day symposium to discuss…
Money MARAKEZ posts $116.4mn sales from AEON in Egypt’s Sheikh Zayed Amwal Al Ghad English Sep 22, 2019 0 MARAKEZ for Real Estate Investment, the Egyptian arm of Saudi conglomerate Fawaz Alhokair, posted sales worth 1.9…
Featured EFG Hermes completes sale 8.4 percent of Ibnsina Pharma’s shares on Egypt bourse Islam Salah & Gehad Abdelghany Sep 8, 2019 0 Investment bank EFG Hermes on Sunday concluded advisory on the follow-on sale of 69.1 million shares, representing…
Featured Egypt solar FiT projects seen completion rates of 70% in August Mahmoud Shaaban Jul 15, 2019 0 The accomplishment rates of solar power plants under Egypt’s Feed-in Tariff (FiT) Programme will exceed 70 percent…
forex news US crude rises 2.2%, settling at $52.61, after OPEC and allies reach deal to cut output Amwal Al Ghad English Dec 8, 2018 0 Oil prices surged higher on Friday after OPEC, Russia, and several other producers reached an agreement to cut…
MENA News Air strikes kill at least 16 civilians in Yemen’s Hodeidah: medics, residents Amwal Al Ghad English Oct 25, 2018 0 At least 16 people were killed on Wednesday in an air strike that hit a factory for vegetable packaging in Yemen’s…
Real Estate Britons, Pakistanis, Chinese among top Dubai real estate investors in H1 Amwal Al Ghad English Jul 9, 2018 0 Real estate transactions in Dubai for the first half of 2018 have recorded AED111 billion ($30.2 billion),…