Latest in Tag: saudi arabia Highlight
Latest in Tag: saudi arabia
Exports register $1.4bn in July, $13.34bn since beginning of 2014: Industry Ministry
Exportation targets of the Ministry of Planning conflict with those of Ministry of Industry and Foreign Trade

Al-Sisi visits strong backer Saudi Arabia
The two had previously held talks inside a Saudi royal plane carrying the king, when it made a short stop in Cairo in June

EETC to offer international tender to implement Saudi Link project
The project will include the creation of a transmission line to transfer gas between the two countries at peak times for each country at a maximum of 3,000 MW.

Egypt, Saudi Arabia, UAE to discuss details of economic conference
Prime minister says conference will take place in either November or the beginning of 2015
Petroleum ministry proposes petrochemical projects worth $540m to UAE
Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at the Ministry of Petroleum. The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tonnes of molasses annually, with investment in the project totalling $250m. The …

Israel and Saudi Arabia: Forging Ties on Quicksand
Distrust of the US and questions about the reliability of the US as an ally have persuaded Saudi Arabia and Israel to go public with their tacit alliance

Shoukry visits Kuwaiti counterpart before trip to Baghdad
Foreign Minister Sameh Shoukry continues Arab tour amid increasing violence in Palestine, Iraq

920,000 Egyptian pilgrims will visit Saudi Arabia by end of July: Egyptian Travel Agents Association official
El-Sisi predicted the number of Egyptian pilgrims to reach 920,000 by the end of Ramadan in light of widespread interested in Umrah trips throughout the holy month.
Government plans ādonor countriesā conference before yearās end
The Ministry of Planning has announced intentions to hold a conference for ādonor countriesā to Egypt before the end of the year and following the completion of parliamentary elections. Nihal Al-Megharbel, adviser to the Minister of Planning Ashraf El-Araby, made the remarks Monday on the sidelines of a conference to sign agreements for funding slum …
Saudi donates 3 tape digitisers to Egypt for broadcasting services
Saudi Arabia to help Egypt implement Broadcasting and Television Heritage Office’s restoration project

Egypt fails to make the cut in top 20 Arab Companies list: Forbes Middle East
Country was fourth largest contributor to Top 500 companies in the Arab Worldās list, Forbes Middle East indicated

Egypt targets 2 million Arab tourists by the end of the year: Tourism ministry official
Egyptās Ministry of Tourism hopes to attract 2 million Arab tourists by the end of 2014 by launching promotional campaign in the Emirates, Saudi Arabia and Kuwait

Flynas targeting 30% share of Egyptian pilgrims annually: Deputy CEO NAS Holding
Flynas launches seventh route to Saudi Arabia in June

Conference to discuss international economic assistance to Egypt after new cabinet formation: International cooperation ministry
No additional information on timing or participating countries yet, say Ministry of Planning, Saudi Embassy in Egypt

Countries and international bodies offer congratulations to Al-Sisi on election victory
White House says it is looking forward to working with Egyptās new president, but also shared concerns

Bahrain hopes for Egypt to continue regional role post-election
Bahraini ministry expresses continued support for Egyptās roadmap

Egypt outlook: The struggle between a pessimistic present and an optimistic future
By Ahmed Abou El Saad and Eric Swats The Egyptian economy Since 2011, Egypt has been hit hard by both ongoing political volatility and social unrest. Four key economic indicators have underscored this reeling economy: an increase in T-Bill rates, a decrease in Net International Reserves, the depreciation of the Egyptian pound (EGP) and a …

Elite Libya unit boosts rogue generalās Islamist hunt
Gunmen stormed the GNC in southern Tripoli on Sunday, two days after an anti-Islamist offensive launched by a rogue general in the eastern city of Benghazi.
BREAKING: Saudi closed Libya embassy, evacuates diplomats
AFP –Ā SaudiĀ Arabia closed its embassy in Tripoli on Monday and evacuated all its diplomats over “security” concerns in Libya, the SPA state news agency reported. TheĀ SaudiĀ ambassador to Libya Mohammed Mahmud al-Ali told SPA the kingdom’s consulate in Libya was also closed “due to the current circumstances and the security situation.” He said all diplomats in …

Saudi Arabia to grant $1.3bn in petroleum shipments in May, June
The authority requested that Saudi Arabia supply large quantities of diesel fuel during the current period in order to satisfy the needs of power stations during the summer.

UAE, Saudi Arabia provide Egypt with $2.6bn in grants in Q1 2014
Egypt has made various offers to the UAE, Saudi Arabia and Kuwait regarding a number of projects, including the establishment of laboratories for refinement areas in Ain Sokhna, the North Coast, Alexandria and Upper Egypt.

Fahmy meets African Union Peace and Security Council commissioner, discusses Egypt-AU ties
Egyptian FM also visits Saudi Arabia, Emirates to discuss environmental issues, aid to Egypt

A timeline of the deadly MERS virus
The virus is mainly focused on Saudi Arabia
First MERS infection detected in Egypt: state TV
AFP – Egypt recorded its first MERS infection after a person who arrived from Saudi Arabia tested positive for the virus, state media reported on Saturday. MERS infections have killed 92 people in Saudi Arabia, where the coronavirus was first detected in humans in 2012. State television reported the patient was in a Cairo hospital …
MERS death toll hits 81 in Saudi
Health minister sacked
ICD boosting activity in Africa to widen Islamic finance appeal
Reuters – The private sector arm of the Jeddah-based Islamic Development Bank plans to increase its activities in Africa, part of plans to widen the appeal of Islamic finance across the region, its chief executive said. Established in 1999, the Islamic Corporation for the Development of the Private Sector (ICD) supports the economic development of …

Saudi sentences five to death over 2003 Qaeda attacks
Dozens of Saudis and expats were killed and wounded that year in car bombings

Fahmy presses Arab League chief on activating terrorism convention
Foreign minister and Arab League Secretary General discuss terrorism and regional issues

UAEās Air Arabia bets on Ras Al Khaimah hub
The Sharjah-based budget carrier, which currently operates out of three hubs in the Gulf and North Africa region, signed an agreement with the RAK government in February declaring it the official carrier for the emirate and RAK airport as its new hub.

Saudi Arabia imposes fines, jail terms for visa lapses
Punishment ranging from fines and jail terms to confiscation of assets and deportation may be imposed, escalating a year-long crackdown on visa irregularities that have been overlooked for decades.