In a significant achievement, Egypt has topped the ranking of average landline internet speeds in Africa, according to the Speedtest Global Internet Performance Index report....
Were the Saudis Consulted About Hospital Relocation?
The recent decision to relocate the construction site of the new Belmopan Hospital in Belize has raised questions about whether the Saudi funders were consulted....
Saudi’s ADES Holding Inks $640 Million KOC Drilling Service Contracts
Saudi-based ADES Holding, a leading provider of jackup and land rigs to the oil and gas industry, has secured onshore contracts worth SAR 2.42 billion...
US Resumes Weapons Sales to Saudi Arabia Despite Unpaid Fuel Bills from Yemen War
The United States has decided to resume the sale of offensive weapons to Saudi Arabia, ending a three-year suspension that was initially imposed due to...
Vinicius Junior Receives Billion-Dollar Offer from Saudi Pro League
Real Madrid star Vinicius Junior has been offered a staggering contract worth over $1 billion by the Saudi Pro League (SPL). This unprecedented offer aims...
Egypt Receives Over 100 Offers in Massive Wheat Tender Aimed at Locking in Low Prices
In a strategic move to secure lower wheat prices, Egypt has received over 100 offers in its largest-ever wheat tender. The tender, which aims to...
US Lifts Restrictions on Saudi Weapons, Aiming to Resolve Gaza Crisis
In a significant policy shift, the United States has lifted restrictions on the sale of offensive weapons to Saudi Arabia. This move comes as part...
Egypt Valuations and Downside Risks Cause Caution: IFR
Egypt’s sovereign debt, which experienced a significant rally during the first half of the year, is now facing increased scrutiny due to rising geopolitical tensions...
Gods of Egypt: A Fantasy Beyond History
The 2016 film “Gods of Egypt,” directed by Alex Proyas, takes viewers on a fantastical journey through ancient Egyptian mythology. While the movie blends real...
Switzerland Backs US, Qatar, Egypt Ceasefire Initiative for Gaza
In a significant diplomatic move, Switzerland has formally backed the ceasefire initiative for Gaza proposed by the United States, Qatar, and Egypt. Swiss President Viola...
Scilex Holding Company Enters Master Distributor Agreement for ZTlido® Distribution in Multiple Countries
In a strategic move to expand its global footprint, Scilex Holding Company has entered into a Master Distributor Agreement with CH Trading Group and Devart...
Kuwait Fund Supports Saudi-Iraq Interconnection Project
In a significant boost to regional energy cooperation, the Kuwait Fund for Arab Economic Development (KFAED) has announced its support for the Gulf Electricity Interconnection...
Telecom Egypt Selects Mada as Strategic Partner for Global A2P Messaging Services
In a strategic move to enhance its messaging services, Telecom Egypt has announced a multi-year partnership with Mada Communications. This collaboration aims to leverage Mada’s...
Chinese, Egyptian FMs Hold Phone Talks on Bilateral Ties, Middle East Situation
In a significant diplomatic exchange, Chinese Foreign Minister Wang Yi and Egyptian Foreign Minister Badr Abdelatty held phone talks to discuss bilateral relations and the...
Lucid Motors Secures $1.5 Billion Saudi Funding Ahead of SUV Launch
Lucid Motors, the electric vehicle (EV) manufacturer, has received a substantial $1.5 billion funding boost from its largest shareholder, Saudi Arabia’s Public Investment Fund (PIF)....
Saudi Arabia Becoming Hub for Web3 Startups Seeking Investment
Saudi Arabia is rapidly emerging as a prime destination for Web3 startups seeking investment. According to a recent report by Adaverse, the kingdom has captured...