Eaton, a global leader in intelligent power management, is significantly enhancing its presence in Egypt. The company has opened a new office in Cairo, marking...
Saudi Arabia’s Ports Climb in Global Rankings
Saudi Arabia’s ports have made significant strides in global rankings, reflecting the Kingdom’s growing influence in the maritime sector. According to the latest “Lloyd’s List”...
Riyadh Offers 15% Equity Investment in Reko Diq Project
Saudi Arabia has proposed to acquire a 15% equity stake in Pakistan’s Reko Diq mining project, marking a significant step in strengthening economic ties between...
New Co-Working Space Opens for Pakistani Startups in Saudi Arabia
The Pakistani Embassy in Riyadh has recently inaugurated a state-of-the-art co-working space designed to support Pakistani startups, entrepreneurs, and tech companies. This new facility aims...
Egypt-Based Palm Hills Mulls Over Residential Projects in Saudi Arabia
Palm Hills Development Company, a leading real estate developer in Egypt, is considering expanding its footprint into Saudi Arabia. The company announced plans to explore...
Saudi Arabia Mulling New Cargo Airline to Boost Logistics Sector
Saudi Arabia is considering the launch of a new cargo airline as part of its ambitious Vision 2030 plan to diversify its economy and enhance...
Canadian Gold Miner Puts Egypt on Notice Over Terminated Contract
A Canadian gold mining company has formally notified Egypt of a potential investment treaty claim following the termination of a lucrative gold mining contract. This...
Why Luxury Saudi Homes Are Being Sold i Harrods
Saudi Arabia’s luxury real estate market is making waves in London, with high-end properties being showcased at the iconic Harrods department store. This unique marketing...
Saudi Foodtech Yalla Plus Closes $2.7 Million Seed Round
Saudi Arabia-based foodtech startup Yalla Plus has successfully closed a $2.7 million Seed investment round, led by Merak Capital with participation from Khwarizmi Ventures, Isometry...
Egypt’s Ministry Approves Fixed Land Prices, Extends Building Licenses
In a significant move to support the real estate sector, Egypt’s Ministry of Housing, Utilities, and Urban Communities has approved new measures to establish fixed...
Home Group Developments and Saudi Aseel Group Launch Major Project in Egypt
Home Group Developments, in partnership with Saudi Aseel Group, has announced the launch of a significant new project in New Cairo, Egypt. This ambitious venture,...
Metal Bank Expands into Saudi Arabia as Part of MENA Growth Strategy
Metal Bank Limited (ASX:MBK) has announced its strategic expansion into Saudi Arabia, marking a significant milestone in its Middle East and North Africa (MENA) growth...
Egypt in Talks to Buy Large Volume of Wheat from Sellers Including Russia
Egypt, one of the world’s top wheat importers, is currently in negotiations to purchase a substantial volume of wheat from various sellers, including Russia. The...
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...
Saudi Woman Allegedly Abducted from Australia: Lawyer Raises Concerns
A Saudi Arabian woman, Lolita Safeeraldeen, who sought asylum in Australia, has reportedly been abducted and flown back to Saudi Arabia. Human rights lawyer Alison...
Saudi’s Small Crude Price Hike for Asia Reflects Bigger Concerns
Saudi Arabia’s recent decision to raise its official selling prices (OSPs) for September-loading crude oil to Asia by a modest 20 cents per barrel has...