Latest in Tag: saudi arabia Highlight
Latest in Tag: saudi arabia
Saudi women inching closer ever to the wheel
Conservative religious figures are still opposed to women driving.
Kuwait extends Egypt’s time frame to repay $2bn deposit to five years
This decision will help Central Bank of Egypt to take long term decisions: Expert
Saudi and Emirati investments to recycle agricultural waste in Egypt
The investment costs for the first phase reach $600m of joint Saudi, Emrati and Egyptian investments.
Muslim pilgrims urged to heal rifts at hajj zenith
Some 1.5 million Muslim pilgrims thronged Mount Arafat in Saudi Arabia Monday for the high point of the annual hajj, praying for an end to disputes and bloodshed.
Saudi investors express desire to fund bridge between Egypt and Saudi Arabia
The Egyptian Ministry of Finance, in cooperation with the Ministry of Transport and Saudi and Egyptian investors, will soon construct a new railway line connecting the cities of Bilbeis in the Sharqeya Governorate and 10th of Ramadan City, located along the Cairo-Ismailia desert road.
Mansour concludes first international trip with Jordan visit
King Abdullah of Jordan receives Egypt’s interim president and his delegation in Amman on Tuesday
Mansour embarks on first international trip
Interim President Adly Mansour embarks on a two-stop trip to Saudi Arabia and Jordan
Mansour to visit Saudi Arabia and Jordan
Visit marks interim president’s first tour abroad
Saudi ready to cover any global oil shortage: minister
Officials from Iraq, the second largest producer in oil cartel OPEC, were quoted on Monday as saying that the country had restored normal output after completing repair work on a pipeline leak.
Saudi women call for new day of defiance against driving ban
“Many women are enthusiastic about learning to drive, or to teach other” women how to drive, she said, as many Saudi women have obtained abroad the driving licences they are denied in their homeland.
Egypt left vulnerable after Qatari snub
By Farah Halime It was bound to happen sooner or later. Egypt has returned to Qatar the $2bn the Gulf state deposited in Egypt’s central bank after negotiations to convert the money into three-year bonds failed. Though this represents only a quarter of the total funds Qatar has lent or given to Egypt, the decision …
Attempts against Egypt-Kuwait relationship have failed: El-Moslimany
Interim president Adly Mansour expected to visit Kuwait soon
Sister of Egyptian jailed in Saudi Arabia calls for his release
In an address to Interim President Adly Mansour, Shereen Al-Gizawy calls for president’s immediate intervention ahead of his trip to Saudi Arabia
Musical Chairs
You have to admit that despite all the heartaches that we have come to encounter in Egypt, the place is becoming quite the rollercoaster ride. It is interesting to watch how roles are being exchanged at dizzying velocity. A once villain is now considered prince charming, a once prince charming is now seen as a …
Saudi Arabia mulls granting women access to stadia
By James M. Dorsey Saudi Arabia’s secretive ruling family is mulling over allowing women to attend football matches. No Saudi official has suggested that the controversial issue is under discussion but if past experience is any indication, a series of statements and denials suggests that a debate is underway. The debate would be a revival …
Making the most of Gulf aid to Egypt
By Farah Halime, Rebel Economy We may not like it, but Egypt desperately needs Gulf money. So why not change the way the Gulf lends money to Egypt to make it count. It won’t be just about wasting away cash to address a symptom without resolving the underlying problem. Indeed, without Gulf aid, the government would have …
Fahmy joins a diplomatic forum on the Middle East in Paris
FM Nabil Fahmy to meet with US Secretary of State John Kerry and French FM Laurent Fabius to discuss Palestine, Syria and Egypt
Change of face in Luxor
Luxor’s main square has received a new name
Fahmy meets his Libyan and Saudi counterparts
Foreign minister discusses closer cooperation with neighbouring countries
Saudi Arabia studies report on Egypt’s financial needs
Egypt’s government has suffered from a $3.2bn monthly budget deficit since last January.
Saudi Arabia provides ‘unequivocal’ support for Egypt’s ‘fight against terrorism’
Egypt PM meets with Saudi Ambassador; Saudi cabinet meeting rejects “interference in Egypt’s internal affairs”
Saudi leaders supporting infidels in Egypt: Al Qaeda
Video by former Guantanamo detainee slams Saudi support of ‘Tamarod government’
Foreign currency reserves surge to $18.9bn in July
The current foreign reserves, necessary to import staples, primarily wheat, registered $14.9bn this June compared to $16.04bn in May.
Egyptians challenge Saudi pilgrimage figures
The kingdom has reduced entry visas during Ramadan, despite boasting of high numbers of Egyptian pilgrims
UAE delegation visits Egypt in days to discuss aid terms
An Egyptian delegation from the Ministry of Petroleum and Mineral Resources presented to an Emirati delegation that visited Egypt earlier this month a list of requests, set to include fuel products worth $500mn.
UAE’s $3bn in aid arrives to Egypt
Central Bank Governor Hisham Ramez said that $2bn of Saudi Arabia’s $5bn in aid is expected to arrive shortly in the form of an interest-free deposit at the bank.
Sawiris: My family will pump billions of dollars worth of investments into Egypt following the 30 June uprising
Sawiris further said in a statement made to Reuters that Morsi sought to reign in and contain a number of Egypt’s leading businessmen and companies through the imposition of stringent new tax laws due to their position as members of the country’s opposition.
M&A transactions with Middle Eastern targets reach $14.7bn in H1 2013
Russell Haworth, managing director, Middle East & North Africa at Thomson Reuters, said: “The value of announced M&A [mergers and acquisition] transactions with Middle Eastern targets reached $14.7bn during the first half of 2013, 30% up [year on year] from $11.3bn, and marking the best first half since 2008
Mona Makram Ebeid: IMF representatives reinforce the need to build a new strong economy within Egypt
IMF officials reinforced the need to encourage the growth of a strong new Egyptian economy rooted in the private sector, and build on competition instead of favouritism.
Following Morsi’s ouster, Qatar’s support to Egypt in question
Sherif Sami, a member of the General Authority of Investments, stated that competition between gulf countries, in terms of regional influence and international investments, is always present.