MENA News Saudi to boost petrol prices by more than 50% aya salah Dec 29, 2015 0 Saudi Arabia said Monday it was raising petrol prices by more than 50 percent for some products from Tuesday as it…
MENA News Saudi Arabia set to announce 2016 budget amid oil plunge aya salah Dec 28, 2015 0 Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce cuts in capital…
Egypt News Saudi funds in talks to invest $1.5bn in Egyptian developmental projects Yomna Yasser Dec 27, 2015 0 Egypt is negotiating with Saudi mutual funds so as to pump $1.5 billion into some developmental projects in the…
Tech news Raya launches the first Oracle iStore in MENA and Europe Yomna Yasser Dec 27, 2015 0 Raya International Services, subsidiary of Cairo-based Raya Information Technology, has launched the first Oracle…
MENA News Fire at Saudi hospital kills 25, injures 107 Noha Gad Dec 24, 2015 0 A pre-dawn fire at a hospital in Saudi Arabia's southwestern port city of Jazan on Thursday killed 25 people and…
Egypt News OAPEC’s 95th Meeting kicks off in Egypt Yomna Yasser Dec 20, 2015 0 Egypt is hosting Sunday the 95th meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC) with the…
MENA News Saudi Arabia’s oil exports surges to 7.364 mln bpd in October Yomna Yasser Dec 20, 2015 0 Saudi Arabia's crude oil exports in October rose to 7.364 million barrels per day from 7.111 million bpd in…
MENA News UN adopts Syria peace process yet no mention of Assad aya salah Dec 19, 2015 0 The U.N. Security Council's unanimous support of a peace process for Syria that is set to begin next month with…
Egypt News Saudi Arabia is to invest $8bn in Egypt’s infrastructure Noha Gad Dec 17, 2015 0 Saudi Arabia's planned $8 billion of investments in Egypt are likely to arrive over the next three years, the head…
Industry & Trade Saudi Arabia-Egypt trade balance records $716mn surplus in 2015 aya salah Dec 16, 2015 0 The trade balance between Saudi Arabia and Egypt has witnessed surplus worth US$716 million in favour of the Saudi…