Saudi ACWA Power secures $123 mln to construct solar project in Egypt
Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million…
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Saudi Arabia
Saudi Arabia, Türkiye sign cooperation deal to boost mining field
Saudi Arabia and Türkiye signed a memorandum of understanding (MoU) to advance cooperation in mining sector,…
Saudi Arabia’s foreign reserves plunge by $16 bln in July
Saudi Arabia’s foreign reserves dropped by more than $16 billion in July, the biggest drop since the onset of the…
Saudi TAWAL raises $1.42 bln to buy European Towers from United Group
Saudi Arabian ICT infrastructure firm TAWAl International Holding has raised $1.42 in Islamic financing to…
Saudi ACWA Power to pump $10bln into Egypt’s green sector
Saudia Arabia’s ACWA Power company plans to invest $10 billion in Egypt by 2026 to develop solar and wind power…
Egypt to be full member of BRICS starting January 2024
South African President Cyril Ramaphosa declared an invitation to Egypt, Ethiopia, Argentina, Iran, Saudi Arabia,…
BRICS invites Egypt, KSA among other Middle East countries to join
The BRICS alliance is inviting a number of countries in the Middle East, including Egypt, to join the group,…
Egypt’s net FDI records $66.7bln over past 10 years – CAPMAS
Egypt’s net foreign direct investment (FDI) has reached $66.7 billion over the past ten years, according to Central…
Saudi Arabia launches $200 mln fund to invest in high-tech
Saudi Arabia has launched a $200 million fund to invest early in domestic and international high-tech companies as…
Egypt to host Regional Sustainability, Development Forum in Sept
Egypt is set to host the first edition of the two-day Regional Sustainability and Development Forum in September,…
