Latest in Tag: Saudi Highlight
Latest in Tag: Saudi

Egypt, Saudi positions on Syrian crisis beginning to converge: Political analyst
Al-Sisi, Saudi foreign minister agree to hold quarterly consultations

Egyptian-Saudi foreign ministers hold joint press conference
The conference came amid claims of contradictions in the foreign policies of both countries regarding the Syrian conflict

Saudi King in Washington amid concerns over Iran
Saudi Arabia’s King Salman is making his first visit to the White House since ascending the throne. He has said that his country is willing to cooperate with the US to achieve stability in the Middle East. The Obama administration greeted King Salman of Saudi Arabia on Friday with assurances that the Iran nuclear deal …

Saudi Arabia and Iran: Volatile political geography of oil and minorities
The fact that dissatisfied minorities populate the oil-rich regions of Iran and Saudi Arabia creates an ironic parallel, in which in the rivalry between two of the Middle East’s larger powers often amounts to the pot calling the kettle black. Rather than recognising that protests and mounting incidents of violence are the result of government failure to address legitimate grievances, both Iran and Saudi Arabia have blamed each other for the unrest in their strategic backyards

Deadly suicide bombing hits mosque in Saudi Arabia
A suicide bomber has blown himself up at a mosque in the southwest of Saudi Arabia. At least 13 people were killed and nine injured, according to the Interior Ministry.

Relatives of Osama Bin Laden reportedly killed in UK plane crash
Members of the family of deceased al Qaeda leader Osama bin Laden have reportedly died in a plane crash in southern England. The Saudi embassy in London has offered condolences to the Bin Laden family. British and Saudi media say members of Osama Bin Laden’s family were among four people who died when a private …
Saudi FM lashes out at Iran amid rising tensions after nuclear deal
Saudi Arabian Foreign Minister Adel al-Jubeir has criticized Iran for making "aggressive statements." The foreign minister's statement comes amid growing tension between both regional powers following a nuclear deal. Saudi Arabian Foreign Minister Adel al-Jubeir on Monday denounced "aggressive statements" by Iran on Monday following talks with EU foreign affairs chief Federica Mogherini. "This does not represent the intentions of…

Shelling and gunfire reported in Yemen, despite truce
Violence has rumbled on in Yemen, even after a Saudi-announced "humanitarian" truce came into effect. Airstrikes by the Riyadh-led coalition appear to have stopped, but the rebels appeared unimpressed. Even before the truce deadline passed at 11.59 p.m. local time (1059 UTC) on Sunday, it had already been unclear to what extent it would be observed by either side. While…

Egypt condemns Yemen mosque attacks, coalition airstrikes continue
UN brokered peace talks stall
Traffic study for old Meridien Hotel to be presented to Cairo governorate this month
Investments of EGP 3.5bn expected through financing from Gulf bank, and 50% self-financing

Mehleb to meet Emirati, Saudi, Kuwaiti ministers in Cairo on GCC investments within 2 weeks
Capital gains tax to be hampered starting from 17 May 2015, outcomes paid by investors before May will not be returned

Saudi investor acquires 10% of Spreado
Our target is to increase the company’s capital to reach EGP 250,000, says CEO
Houthi foreign allies criticise Egypt’s support of Saudi-led airstrikes
A string of rumours in April targeted Egyptian affairs by state-run Iranian news agencies
Heavy fighting in Aden, Houthis abduct leading opposition figures
Rebel militias advance towards port of Aden, thwart opposition by kidnapping senior Islah Party officials

525 Egyptians transported from Yemen: Foreign ministry
Situation is harder than in Libya, says Foreign Ministry spokesman

Egyptian contractors have lion’s share of awarded Saudi contracts: Head of EFCBA
The value of the contracts handled by Egyptian contractors in Saudi is no less than SAR 1.5bn ($400bn) over the past three years

Government settles Saudi-Egyptian dispute for EGP 30m
Saudi investors compelled to pay costs of Sheraton Hurghada resort road transfer
Erdogan doesn’t deserve a Saudi red carpet
By Khalaf Ahmad Al Habtoor On Saturday, the Turkish President, Recip Tayyip Erdogan, is scheduled to begin a four-day visit to Saudi Arabia to hold talks with King Salman, who recently acceded to the throne following the passing of King Abdullah. There has been a flurry of media speculation that Saudi foreign policy could see …
Egypt takes issue with AU inclusion of Turkey, Qatar in Libya meeting
Foreign minister stresses AU must coordinate with Egypt before including non-African countries

25 January celebrations ‘delayed’ to mourn Saudi king
Abdullah once called the 2011 revolutionaries “infiltrators who disrupt Egypt’s security and stability”

Egyptian citizen allegedly assaulted by Saudi police
Egyptian expatriates stage protests in aftermath of alleged assault

Potential UK club acquisition could help Qatar polish its image
By James M. Dorsey Qatar has booked two recent successes in what has become an uphill struggle to improve its tarnished image: a papering over of its rift with Saudi Arabia and the UAE sparked by Qatari support for the Muslim Brotherhood, and reports that it may be interested in acquiring London Premier League club …

Marble and granite shine in international building trade fair in Cairo
Egypt is the tenth largest natural stone quarry producer in the world and the second largest exporter of marble blocks

Muslim Brotherhood faces pressure in Jordan
King Abdulla says group “hijacked the Arab Spring”, Brotherhood deputy leader to face military trial later this month

Angry Saudi football clubs pinpoint Gulf labour market contradictions
By James M. Dorsey Mounting anger among Saudi football clubs at their subjugation to quotas designed to encourage employment of Saudi nationals and reduce dependence on foreign labour illustrates problems encountered by wealthy Gulf countries in balancing the contradictory demands of labour markets, often lopsided demographics, social contracts involving a cradle-to-grave welfare state that creates …

Egypt and Gulf security equations
By Khaled Okasha At the end of last week, a statement was issued by the King of Saudi Arabia announcing the Riyadh supplementary agreement, whose goal is to clear the air in the Gulf. He hoped that moving forward with the agreement would bring about cooperation, free of past disagreements. Just one day before this, …

Saudi, Emirati, and Bahraini ambassadors to return to Qatar
Decision follows a meeting of Gulf leaders in Riyadh, who reached an agreement seeking unity of GCC states

State of the currency exchange market
On the black market, the lowest selling price for the US dollar was EGP 7.15 while the highest prices ranged between EGP 7.57 to EGP 7.59.

Volleyball federation sanctions Iran in new assertiveness on women’s sporting rights
By James M. Dorsey The International Volleyball Federation (FIVB) has warned Iran that it would be stripped of its right to host the 2015 Under-19 men’s world volleyball championship if it bans women from attending matches. The warning signals a new assertiveness driven by the International Olympic Committee (IOC) to make adherence to human, gender, …

Kuwaiti investors threaten Egypt with lawsuit over land, accuse government of “lack of seriousness”
Dispute frustrates efforts to revive confidence in the economy, says lawyer Hany Sarie-Eldin