Red Sea islands deal needs only review by parliament, not referendum: Egypt MPs
After a meeting with President Abdel-Fattah El-Sisi on Wednesday, a large number of Egypt's MPs said a new…
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Saudi Arabia
Saudi strips Commission for the Promotion of Virtue and Prevention of Vice of their powers…
Saudi Arabia has stripped its frequently criticised religious police of their powers to arrest, urging them to act…
Egypt’s cabinet publishes historical docs backing Saudi Red Sea islands claim
n Egyptian governmental body released a statement on Monday detailing the evidence supporting the state's…
Fitch downgrades Saudi Arabia ratings to AA- from AA
Fitch Ratings downgraded Tuesday Saudi Arabia’s long-term issuer default rating to AA-from AA, and said its oil…
Israel signals no opposition to Egypt’s return of two islands to Saudi Arabia
Israel signalled Tuesday it did not oppose the return of two Red Sea islands in a strategic strait to Saudi Arabia…
Egypt’s SFD in talks over Saudi Fund’s $100mn finance
Egypt’s Social Fund for Development (SFD) is currently negotiating over Saudi Fund for Development’s $100 million…
Egyptians outraged at plan to transfer two Red Sea islands to Saudi Arabia
Egypt's announcement during a five-day visit by Saudi King Salman that it would transfer two Red Sea islands to its…
Will Egypt-Saudi deal on two Red Sea islands affect Israeli peace treaty?
In 1979 Egypt and Israel signed a peace treaty that brought to an end to the Israeli occupation of the Sinai…
Chemical Council eyes increasing Egyptian exports to Saudi Arabia to $202mn
Egyptian Chemical and Fertilizers Export Council (CEC) eyes increasing its exports to Saudi Arabia by 20 percent to…
Egyptian developer Al Ahly to enter Saudi real estate market in 2016
Egypt’s property developer Al Ahly For Real Estate Development company is studying the possibility of carrying out…