Egypt’s Moukhtar Ibrahim defers infrastructure project in Saudi Arabia
Egyptian construction firm Societe Egyptienne D’entreprises (Moukhtar Ibrahim) is deferring plans to implement an…
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Saudi Arabia
Egyptian Samcrete’s IDG studies developing industrial zones in KSA, Ethiopia
Industrial Development Group (IDG), the industrial arm of Egypt-based construction firm Samcrete, is studying…
Saudi Egyptian Construction markets 60% of Riyadh SECON – phase I
Saudi Egyptian Construction Company (SECON) has completed marketing more than 60 percent of the first phase in its…
Egypt receives first tranche of Saudi Arabia’s Sinai loan
Egypt has received Sunday the first tranche worth $300 million of Saudi Arabia’s Sinai development loan, Egyptian…
EgyptAir operates 22 flights to Saudi Arabia to transport 4,567 pilgrims
Egyptian airline EgyptAir operates 22 flights to Saudi Arabia on Monday to transport 4,567 pilgrims to Jeddah and…
Oil steady in volatile session, down 2 percent for the week
Oil prices were largely unchanged on Friday in a volatile session, as traders reacted to comments from Fed Chair…
Parliament approves Egypt’s electricity linkage deal with Saudi Arabia
In a landmark step reflecting growing economic cooperation between Cairo and Riyadh, the Egyptian parliament…
Egypt to receive $2 bln deposit from Saudi Arabia: minister
Egypt signed a deal earlier this year for a $2 billion central bank deposit from Saudi Arabia, International…
Yemeni PM concludes Cairo visit, blames Houthis for failed negotiations
Yemeni prime minister, Ahmed Obeid Bin Daghr, concluded his visit to Egypt after reviewing the latest developments…
Egypt’s ElSewedy unit inks $21.3 mln power deal in Saudi Arabia
A subsidiary of Elsewedy Electric (SWDY.CA) has signed Tuesday a 80 million Saudi riyals ($21.3 million) contract…
