As the world scrambles to process the latest shockwave from Washington, some Egyptian exporters are quietly exhaling. While U.S. President Donald Trump’s new 10 percent...
Egypt’s Foreign Asset Reserves Jump $1.48 Billion in February, Signaling Market Confidence
Egypt just notched a $1.48 billion rise in its net foreign assets in February — its second consecutive monthly gain this year. That’s a much-needed...
Egypt Unveils New Suez Canal Expansion Amid Economic Ambitions
Egypt is gearing up for a historic moment as it inaugurates a newly constructed 72-kilometer parallel channel to the Suez Canal. The expansion, set to...
Egypt Approves $91 Billion Budget for 2025/26 Amid IMF-Backed Reforms
Egypt’s government has signed off on a new state budget worth 4.6 trillion Egyptian pounds ($91 billion) for the 2025/26 fiscal year, reflecting significant increases...
Saudi Arabia’s Bold Reforms Propel Economic Growth and Empowerment
In a remarkable transformation, Saudi Arabia is witnessing significant economic growth and social empowerment through its bold reforms. HRSD Leads the Charge in Workforce Transformation...
Drought and Land Degradation Dominate UN Summit Discussions in Riyadh
At the United Nations summit in Riyadh, Saudi Arabia, the pressing issues of drought and land degradation took center stage. A recently released UN report...
ATD Saudi Arabia Conference 2024 Celebrated for Dynamic Content and Elite Participation
The ATD Saudi Arabia Conference 2024 wrapped up on November 26 with a burst of energy and inspiration. Held in Riyadh, this premier Learning and...
Gold Prices in Egypt Poised for Significant Rise by End of 2024
Gold enthusiasts in Egypt have something to look forward to. Naji Farag, the Advisor for Gold Affairs to the Egyptian Supply Minister, shared promising news...
Kazakh President Expresses Gratitude for Support in Organizing One Water Summit in Riyadh
During his visit to Riyadh on December 3, 2024, President of Kazakhstan Kassym-Jomart Tokayev met with several key global leaders to discuss ongoing cooperation and...
China and Saudi Arabia Deepen Financial Ties Beyond Traditional Trade
China and Saudi Arabia are ramping up their relationship, moving past mere trade agreements to explore deeper financial collaborations, signaling a significant shift in Middle...
Saudi Arabia’s 2025 Budget Projects $27 Billion Deficit Amid Gigaproject Investments
Saudi Arabia has unveiled its state budget for 2025, forecasting a fiscal deficit of 101 billion riyals ($26.88 billion). This significant shortfall is primarily attributed...
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...
Egyptian, Ukrainian FMs Discuss Global Food Security
Egypt and Ukraine are deepening their ties, focusing on collaborative efforts to enhance global food security amidst ongoing global challenges. During the G7 meetings in...
flyadeal Sets Sights on India for Fleet Expansion with Widebody Aircraft in 2025
Saudi Arabia’s flyadeal is gearing up for a significant expansion, eyeing India as a key market for introducing widebody aircraft by 2025. CEO Steven Greenway...
Kenya Can Harness Lessons from Saudi Arabia’s Vision 2030 for Economic Growth
Saudi Arabia’s Vision 2030 presents a roadmap that Kenya can adopt to accelerate its economic development and achieve national stability through strategic reforms and citizen...
Egypt’s FM Engages with Egyptian Community in Kuwait, Enhancing Diplomatic Ties
Dr. Badr Abdelatty, Egypt’s Foreign Minister, met with Egyptian community leaders in Kuwait on Sunday, emphasizing the nation’s commitment to its expatriates and strengthening bilateral...