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...
Saudi Aramco Signs $28.5 Million Deal with Arabian Pipes
In a strategic move to enhance its supply chain, Saudi Aramco has signed a $28.5 million contract with Arabian Pipes Company. The agreement, announced on...
Saudi Talco’s Q2 Net Profit Climbs 37%
In a remarkable financial performance, Saudi Talco Industrial Company (Talco) has reported a 37% year-on-year increase in its net profit for the second quarter of...
SANS and NATS Sign Agreement to Enhance Airport Capacity
The Saudi Air Navigation Services Company (SANS) and the British company NATS have signed a cooperation agreement aimed at increasing the capacity of airports across...
Indonesia and Saudi Arabia Explore Investment Opportunities
Indonesia and Saudi Arabia are actively exploring new investment opportunities to strengthen their economic ties. In a recent meeting, Indonesian Coordinating Minister for Economic Affairs,...
Reynaers Middle East Strengthens Partnership with Al Mannai Aluminium in Friendly and Productive Visit
Reynaers Middle East, the regional office of the renowned European aluminium solutions provider Reynaers Aluminium, recently visited Al Mannai Aluminium in a warm and productive...
PM: State Supports Saudi Investments in Egypt
Egypt’s Prime Minister has reaffirmed the state’s commitment to supporting Saudi investments in the country. This announcement comes as part of ongoing efforts to strengthen...
World’s Tallest Tower Gets Boost as Saudi Consortium Acquires Development Fund
The ambitious project to construct the world’s tallest tower in Jeddah, Saudi Arabia, has received a significant boost as a consortium of prominent Saudi companies...
Egyptian Businessmen Review Participation in Reconstruction Operations in Libya
The Egyptian Businessmen Association (EBA) is organizing a delegation of investors, industrialists, and real estate developers to visit Libya. This visit aims to explore trade...
Launch of Saudi Arabia’s NEOM Airlines on Hold
The much-anticipated launch of Saudi Arabia’s NEOM Airlines has been put on hold, according to recent reports. The airline, which was set to begin operations...