Egypt's shift to become a net importer of liquefied natural gas (LNG) early next year is poised to tighten the European LNG market. Analysts warn...
Turkey and Egypt Strengthen Economic Ties with New Cooperation Initiatives
In a significant move to bolster economic relations, Turkish Ambassador Salih Mutlu Şen met with Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, during...
Saudi Arabia and China Unite to Build Special Economic Zone at Riyadh’s Mega Airport
Saudi Arabia just dropped some big news, folks. They're teaming up with China to establish a special economic zone within the massive King Salman International...
Saudi Arabia and South Africa Strengthen Economic Bonds at Johannesburg Forum
Saudi Arabia is taking significant steps to boost its economic partnership with South Africa. During the Saudi-South African Business Forum in Johannesburg, officials from both...
Saudi Arabia and China Join Forces to Establish New Logistics Hub
Saudi Arabia is partnering with China to create a groundbreaking logistics special economic zone. Announced at the Global Logistics Forum 2024 in Riyadh, this initiative...
Saudi Arabia’s Non-Oil Economy Surges by 4.9% in Q2
Saudi Arabia continues to showcase its economic resilience with a robust non-oil GDP growth of 4.9% year-on-year in the second quarter, according to a recent...
Saudi Investments Key to Reviving Pakistan’s Economy, Says PFC CEO
LAHORE — Saudi Arabia’s financial commitment is seen as a pivotal force in rejuvenating Pakistan’s industrial and commercial sectors, stated Mian Kashif Ashfaq, CEO of...
Saudi Arabia and Oman Forge Stronger Economic Ties Through New Trade Talks
Saudi Arabia and Oman are stepping up their game to enhance their trade and economic partnership. On Wednesday, officials from both nations met to discuss...
Putin’s War Economy Faces Pain if Saudis Sink Global Oil Prices
The Russian economy, heavily reliant on oil and gas revenues, faces significant challenges as Saudi Arabia considers increasing its oil production. This move could lead...
Egypt’s Non-Oil Business Conditions Weaken in September; PMI Dips Below 50
Egypt’s non-oil private sector experienced a downturn in September, as indicated by the latest Purchasing Managers’ Index (PMI) report from S&P Global. The PMI fell...
Egypt: The Land of Opportunity
Egypt, often referred to as the “Land of Opportunity,” is rapidly emerging as a hub for trade, investment, and cultural exchange. With its strategic location...
Weekly Drop in Oil Prices After Saudi Arabia’s Move
In a significant shift in the global oil market, prices have dropped by more than 3% over the past week following Saudi Arabia’s decision to...
Saudi Stock Exchange Ends Trading Lower Amid Market Volatility
In a day marked by significant market fluctuations, the Saudi Stock Exchange (Tadawul) closed lower, shedding 102.53 points to settle at 12,271.77 points. The total...
Saudi’s Diriyah Secures $1 Billion Deals with European Firms
In a significant move to bolster its economic diversification efforts, Saudi Arabia’s Diriyah has inked deals worth nearly $1 billion with European firms. This development...
Creative Economy Center Selected to Represent Puerto Rico in Saudi Arabia
The Creative Economy Center of Puerto Rico has been chosen to represent the island at the prestigious Riyadh International Creative Economy Forum in Saudi Arabia....
Price of Key Egyptian Strategic Crop Soars by 400%
The price of tomatoes, a key strategic crop in Egypt, has surged by an astonishing 400%, according to the Deputy Minister of Agriculture for Crop...