Egypt News Confusion over Saudi oil shipments to Egypt continues Noha Gad Oct 13, 2016 0 Saudi Aramco resumed supplying refined oil to Egypt one day after the Kingdom's oil giant reportedly suspended oil…
Banks Egypt receives $2 billion Saudi deposit in boost for IMF deal: sources Yomna Yasser Oct 12, 2016 0 Egypt has received a $2 billion deposit from Saudi Arabia, an Egyptian central bank official said on Wednesday,…
EGX Egypt stocks tumble 1.6% on Saudi crude product halt Yomna Yasser Oct 11, 2016 0 Egypt’s stock market further plunged on Tuesday after news that Saudi Arabia had suspended oil product supplies to…
International News Goldman: Putin’s promise to join OPEC output freeze may not rebalance market Yomna Yasser Oct 11, 2016 0 Russia may be ready to join OPEC's efforts to curb oil supply, but concerns remain about whether the deal would…
Industry & Trade Saudi Aramco CEO says 2018 will be right time for IPO Yomna Yasser Oct 11, 2016 0 Saudi Aramco feels "comfortable" that by 2018 oil prices would have recovered and the market conditions would be…
MENA News Yemen’s Houthis respond to air strike with missile attack Ghada Ismail Oct 11, 2016 0 Yemen's Houthi movement launched a ballistic missile deep into Saudi Arabia and may have also fired on a U.S.…
EGX Egypt stocks snap four-session winning streak on Saudi Aramco news Yomna Yasser Oct 10, 2016 0 Egypt’s stock market, which had risen strongly for four straight days on signs the country is nearing the…
Egypt News Egypt appeals reversed ruling ceding islands to Saudi Arabia Noha Gad Oct 9, 2016 0 An Egyptian court on Saturday held its first hearing on a government appeal against a lower court ruling in June…
Egypt News Saudi-based Apicorp arranges $100m Islamic financing for Egypt’s EGPC Noha Gad Oct 5, 2016 0 Saudi Arabia-based Arab Petroleum Investments Corp (APICORP) has arranged a three-year $100 million murabaha…
Arab Saudi stocks dive to multi-year lows on austerity fears Yomna Yasser Oct 2, 2016 0 Saudi Arabia's stock market fell Sunday to its lowest close since March 2011 because of fears the government could…