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...
Saudi Arabia Abandons $100 Oil Price Ambition to Regain Market Share
Saudi Arabia, the world’s largest oil exporter, is set to abandon its long-held ambition of driving oil prices to $100 per barrel. This strategic shift...
Saudi Arabia Drops $100 Crude Target to Reclaim Market Share
Saudi Arabia, the world’s leading oil exporter, is set to abandon its $100 per barrel crude oil price target in a strategic move to regain...
Egypt Offers Gateway for Korean Businesses in Emerging Markets
Egypt is positioning itself as a strategic gateway for Korean businesses looking to expand into emerging markets. During the second session of the Global Business...
Silkworm Harvesting Transforms Livelihoods in Egyptian Village
In the rural village of Nagaa Awni, located in the Beheira governorate of northern Egypt, silkworm harvesting has brought about a remarkable transformation. Once a...
Greece, Cyprus, and Egypt Hold Trilateral Meeting in New York
The foreign ministers of Greece, Cyprus, and Egypt convened in New York on the sidelines of the 79th Session of the United Nations General Assembly...
Egypt’s Yield on 3-Month Treasury Bills Hits Record 29.6%
Egypt has achieved a record yield of 29.6% on its 3-month treasury bills, reflecting the country’s ongoing efforts to manage its economic challenges and attract...
Egypt Opens Up to Saudi Investment
Egypt has recently announced a significant opening to Saudi investment, marking a new phase in the economic relationship between the two nations. This move comes...
US & UAE Discuss Progress on India-Middle East-Europe Economic Corridor
US President Joe Biden and UAE President Sheikh Mohamed bin Zayed Al Nahyan recently discussed the progress of the India-Middle East-Europe Economic Corridor (IMEC) during...
Saudi Gas Investments: A Marriage of Economic and Geopolitics
Saudi Arabia is making significant strides to become a major player in the global natural gas market. This strategic move is not only aimed at...
US Pledges $129 Million to Support Egypt’s Economic Reforms
In a significant move to bolster Egypt’s economic reforms, the United States has pledged $129 million in support. This announcement was made during the US-Egypt...
Saudi Exports and Nahdi Medical Company Launch ‘Made in Saudi’ Brand in Pharmacies
The Saudi Exports Development Authority, through its ‘Made in Saudi’ program, has signed a strategic Memorandum of Understanding (MOU) with Nahdi Medical Company to launch...
SCZone Chairman Partakes in Egypt-UK Investment Forum
Waleed Gamal El-Din, Chairman of the Suez Canal Economic Zone (SCZone), recently participated in the Egypt-UK Investment Forum held in London from September 15 to...