Israel and Argentina have embarked on a new chapter of defense cooperation, marked by strategic talks and joint initiatives aimed at enhancing regional security and...
Adesanya to Headline Historic First UFC Event in Saudi Arabia
In a groundbreaking move, Israel Adesanya is set to headline the inaugural UFC event in Saudi Arabia, marking a significant milestone for the sport in...
Two Indian Nationals Arrested for Begging in Saudi Arabia
In a recent development, two Indian nationals have been arrested for engaging in begging activities in Saudi Arabia, according to a video shared by the...
What to Expect from Trump’s Second Term: Approach to Saudi Arabia and OPEC+
As President Donald Trump gears up for his second term, attention is turning to his anticipated strategies regarding Saudi Arabia and the influential oil cartel,...
Hezbollah Launches Drones at Tel Aviv Amid Rising Tensions
In a significant escalation of regional tensions, Hezbollah announced the launch of drones targeting sensitive military installations in Tel Aviv on Tuesday evening. This move...
Saudi GDP Grows 70% to $1.1 Trillion Since Launch of Vision 2030
Saudi Arabia has achieved a remarkable economic transformation, with its GDP expanding by 70% since the inception of Vision 2030, reaching a total of $1.1...
Chinese-Egyptian Alliance to Develop $7 Billion Agricultural Complex in New Valley
In a landmark collaboration, China and Egypt are set to revolutionize agricultural production with a $7 billion investment in the New Valley Governorate, aiming to...
Can Saudi Arabia Sustain Its Ambitious Mega-Project Spending Spree?
Saudi Arabia's bold mega-projects, epitomized by Neom's futuristic visions, are at a crossroads. As the kingdom grapples with economic shifts and fluctuating oil prices, questions...
IFC and Egyptian Government Agree on Key Points for Airports Tender Plan
PM Mostafa Madbouly met with International Finance Corporation (IFC) leaders to finalize crucial aspects of Egypt’s airport tender program, signaling a positive step forward for...
Saudi: Qassim Cement to Pay $19.06 Million Dividends for Q3-24 Following 800% Profit Surge
Qassim Cement Company has declared a substantial cash dividend of SAR 71.34 million ($19.06 million) for the third quarter (Q3) of 2024, as disclosed in...
Egypt’s EGA to Expand Production with New Line in International Partnership
The Egyptian-German Automotive Company (EGA) has unveiled plans to establish a new production line at its Sixth of October City factory, aiming to manufacture 11,800...
A New Israeli Clinical Trial Tests Tuberculosis Vaccine to Prevent Alzheimer’s
“What’s new?” I ask neurologist Tamir Ben-Hur as we happen to meet in the employees’ cafeteria at Hadassah-University Medical Center in Jerusalem’s Ein Kerem. My...
Saudia Airlines Launches Direct Riyadh-Athens Flights in December 2024
Saudia Airlines is set to revive the popular Riyadh to Athens route, with direct flights commencing on December 2, 2024. This initiative aims to enhance...
QatarEnergy Acquires 23% Stake in Egypt’s Offshore North El-Dabaa Block from Chevron
QatarEnergy has announced the acquisition of a 23% stake in the North El-Dabaa (H4) offshore exploration block in Egyptian waters from Chevron (CVX.N). This strategic...
Egypt’s Government Reforms Enhance Business Climate to Attract Sustainable Investment: Citigroup
Egypt is rapidly advancing its economic diversification efforts, positioning itself as a hub for renewable energy and digital innovation. With significant government reforms aimed at...
Egypt-Saudi Arabia Trade Exchange Soars to $7.5 Billion in First Nine Months of 2024
The economic ties between Egypt and Saudi Arabia have reached new heights, with trade exchanges increasing by nearly 34% year-on-year in the first nine months...