Industry & Trade Saudi oil shipments to Egypt halted indefinitely: officials Noha Gad Nov 8, 2016 0 Saudi Arabia has informed Egypt that shipments of oil products expected under a $23 billion aid deal have been…
Industry & Trade Egypt denies oil minister’s Tehran visit plans, says he’s in ADIPEC now Yomna Yasser Nov 7, 2016 0 Egypt’s Oil Minister Tarek el-Molla has not visited and is not planning to visit Tehran to sign oil deals with…
Industry & Trade Saudi’s Savola says faces $45m Q4 hit amid Egypt pound float Noha Gad Nov 7, 2016 0 Saudi Arabia's Savola Group , the country's largest food products company, said on Monday that the floatation of…
forex news Oil prices bounce back after week of sharp falls Yomna Yasser Nov 7, 2016 0 Oil futures rose on Monday, with traders citing opportunistic buying following sharp declines in the previous week…
Egypt News Cairo supports Saudi nominee for OIC chief as Madani quits Noha Gad Nov 2, 2016 0 Egypt has said it backs Saudi Arabia's nomination of a new secretary general of the Saudi-based Organisation of…
MENA News Saudi Arabia names new minister of finance Yomna Yasser Nov 1, 2016 0 Saudi Arabia has named Monday market regulator Mohammed al-Jadaan as its new finance minister by royal decree,…
Egypt News FM denies Egypt-Saudi Arabia tensions amid voting in UN council Noha Gad Oct 24, 2016 0 Egyptian Foreign Affairs Minister Sameh Shoukry and his Spanish counterpart Jose Manuel held a press conference on…
MENA News Saudi Arabia looks to Russia to boost non-OPEC cooperation Ghada Ismail Oct 24, 2016 0 Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander…
Financial Institutions Egypt to receive first $2.5 billion payout of IMF loan ‘in 15 days’ Yomna Yasser Oct 20, 2016 0 Egypt is set to receive the first $2.5 billion tranche of a $12 billion three-year loan facility from the…
Arab Saudi stocks may end week with firm tone following mega bond debut Yomna Yasser Oct 20, 2016 0 Saudi Arabia's stock market may rise Thursday as investors cheer the kingdom's mammoth international bond sale,…