Latest in Tag: saudi arabia Highlight
Latest in Tag: saudi arabia

Saudi effort to squash criticism of Yemen war violations may backfire
Saudi Arabia and its allies have threatened the UN with cutting funds to millions of children in order to squash criticism of rights violations in Yemen. Blackmailing the UN is unlikely to avert criticism.

Gulf states provide Egypt with $6bn to support foreign reserves
Egypt’s foreign exchange reserves have been bolstered with $6bn from Saudi Arabia, the UAE, and Kuwait since Al-Sisiâs term began two years ago

Saudi Arabia proposes 6% tax on all Egyptian expat remittances
The new tax is a little high, but will not affect the Egyptian market, says Hazem Hegazy

25 April protest group acquitted following appeal on 2-year jail term
Court orders release of 33 defendants amid ongoing series of prosecution of opponents of Red Sea islands agreement

Gulf markets plunge last week, save Saudi Arabia
Qatar Stock Exchange also declined by 1.89% and settled at 9,532.6 points, with an average daily trading value of 177.018m riyals

Saudi Public Investment Fund invests $3.5bn in Uber
The PIF will have a seat on Uberâs Board of Directors

Saudi Arabia shoots down a ballistic missile from Yemen, may reconsider the ceasefire
This is the second missile to be shot down in a month, says Saudi-led coalition

Syria ranked most established companies with 126 companies, Saudi Arabia second with 84 companies and Jordan follows in third with 32 companies
Service sector attracts most investments, while tourism is the least attractiveÂ

Government fined for not showing evidence to declare Red Sea islandsâ sovereignty of Saudi Arabia
Court postpones session to Tuesday for the third time, while demanding documentation from governmentâs lawyers

MP raises controversy over university exam on Red Sea islands
Exam question reportedly established Tiran and Sanafir islands as Saudi territory though the agreement has yet to be passed by parliament

14% growth expected in e-commerce in Arab world this year
Facebook still ranks first among social media sites in the Middle East, though its usage is relatively low in Saudi Arabia and Kuwait

Political parties begin week-long sit-in against islands deal
The sit-in includes various events and discussions in order to find ways to address the issue, says Al-Zahad

Court adjourns session on lawsuit to abolish demarcation deal to 7 June
Judge obliges the government to present documentation and maps of the agreement

Saudi Arabia creates energy mega-ministry to implement Vision 2030 plan
The new department will oversee half of the kingdom’s economic output as the country continues to diversify its economy. The newly appointed energy minister plans investment in renewables and mining.

Saudi Arabia names new oil minister
Saudi Arabia has announced the ouster of its longtime oil minister as part of a larger government shakeup. Outgoing minister Ali al-Naimi had been a pillar of Saudi oil policy since 1995.

Saudi Arabia is pushing towards the collapse of the Syria ceasefire: Nasrallah
Russian defence ministry announced Saturday that a truce in Aleppo and Latakia will be extended for three days

Islands transfer backs Al-Sisiâs regime further into corner
The regime has its back to the wall. Egypt’s president, reputed for his hyper-nationalism, has made concessions about what is viewed by many as Egyptian land. The transfer of the islands of Tiran and Sanafir, which control the straits of Tiran, has angered many Egyptians, particularly in light of what seems like a covertly negotiated …

Saudi Shura Council approves takeover of disputed Red Sea islands
The council approved the agreement, putting emphasis on enhancing Saudi-Egyptian relations

Protests reap gains prior to taking off
The state carefully directed its security bodies to double efforts in countering such demonstrations

More people arrested from their homes ahead of 25 April protests
About 90 people in total have been arrested across eight governorates over the past four days, according to NGOs statement

Main squares in governorates under tight security control
Security forces arrested three protesters in Gharbeya, according to state-owned newspaper

25 April: Egyptâs paradox of repression
State repression has been one of the main characteristics of Egyptâs post-30 June regime. Repression in the post-30 June era has taken on various forms and has been carried out through multiple means, such as direct state violence, despotic legislation, random mass arrests and constitutional violations. The resurrection of the stateâs repressive apparatus on the …

Al-Sisi receives Prince Turki bin Abdullah
Saudi prince promises Egypt investments in Al-Azhar institution

No referendum on ceding Tiran, Sanafir islands: leftist parties
Politicians call for protests to defend historical sovereignty rights

Tiran and Sanafir: an Egyptian burden
Saudi Arabian King Salman bin Abdulaziz Al-Saudâs visit to Egypt on 9 April caused a startling disturbance. Chatter across different social media platforms has peaked. The cause behind all this is Egyptâs decision to transfer the sovereignty of Tiran and Sanafir islands to Saudi Arabia. Egyptians on social media have hysterically opposed this handover, some …

30 protesters held in detention following Friday demonstration against land transferÂ
Qasr Al-Nil prosecution authorities cancelled the release of detained protesters hours after it ordered their release

Saudi Arabia threatens sale of assets if US congress passes 9/11 bill
The bill deprives foreign governments of immunity if accused of any terror acts that led to the death of American citizens on US soil

Nationwide protests challenge state, vow âreturn to the streetâ
Friday protests were the latest culmination of the widespread raged sparked by the transfer of sovereignty of the Sanafir and Tiran island, describing the decision as âtreasonâ and âselling of Egyptian lands”

Controversy around Tiran and Sanafir has revealed our flaws
One could index the Facebook reactions surrounding Egypt’s effective sale of Tiran and Sanafir islands to Saudi Arabi as follows: Islamists are posting videos of Abdel-Nasser, revoutionaries are posting videos of Mubarak, and Sisi supporters are posting videos of El-Baradei, and everybody is cursing everybody else. This is when you figure out that the revolutionaries …

40% decline expected in diving tourism following sovereignty transfer of Sanafir, Tiran to Saudi Arabia: diving chamber official Â
Tourism sector losses will increase as more than 60% of diving centres and marine activities in the Sinai Peninsula closed during 2015