Featured Saudi Arabia’s Alfanar to build $4 billion green hydrogen plant in Egypt Sanaa Allam Aug 28, 2022 0 Saudi Arabia’s Alfanar Co. signed on Thursday a preliminary agreement to set up a large-scale green hydrogen…
Money Saudi Arabia, UAE, Qatar deposit $13 billion in Egypt’s central bank – report Amwal Al Ghad English Aug 28, 2022 0 Saudi Arabia, UAE, and Qatar deposited $13 billion with Egypt’s central bank during the first quarter of the year,…
Tech/AI UAE’s Burjeel Holdings to invest $1m in Saudi Arabia’s health sector Nada Ali Aug 25, 2022 0 UAE-based Burjeel Holdings signed a Memorandum of Understanding (MoU) with Saudi Arabia’s Ministry of Investment…
Money Oil prices hike after Saudi Arabia announces OPEC could cut output Esraa Ibrahim Aug 23, 2022 0 Oil prices rose on Tuesday, after Saudi Arabia announced that OPEC could cut output to correct a recent drop in oil…
Featured Saudi Arabia’s PIF acquires minority stakes in four Egyptian state firms Amwal Al Ghad English Aug 10, 2022 0 Saudi Arabia’s Public Investment Fund (PIF) has acquired – through its set-up firm the Saudi Egyptian Investment Co…
Financial Institutions Saudi Arabia intends to buy 25% of Egypt’s MOPCO Nada Ali Aug 9, 2022 0 Saudi Arabia’s Public Investment Fund (PIF) has acquired on Tuesday 25 percent stake in the Egypt's Misr Fertilizer…
Industry & Trade Apple to launch first store in Saudi Arabia – minister Nada Ali Aug 8, 2022 0 U.S. Technology company Apple will open soon a centre in the logistics area at King Khalid Airport in Riyadh for…
Tech/AI Saudi Arabia to launch company to attract $10 billion investments in Egypt Nada Ali Aug 7, 2022 0 Saudi Arabia’s Public Investment Fund (PIF) has signed on Saturday a draft agreement with the Sovereign Fund of…
Money Egypt’s Aman aims to expand financial services across Saudi Arabia, Nigeria Toka Hatem Jul 26, 2022 0 Egyptian FinTech firm Aman Group, which is owned by Raya Holdings and the National Bank of Egypt (NBE), announced…
Featured Swvl postpones dual listing in Egypt, Saudi Arabia Hatem Asker Jul 24, 2022 0 Swvl Holdings Corp., the Cairo-born, Dubai-based mass transit and shared mobility services provider, will have to…