How does the global debt market see the Egyptian economy?

The ratio of Egypt’s total domestic debt to GDP fell from 96.7% to 91.1%. The ratio of Egypt’s net domestic debt to GDP fell from 84.4% to...

Saudi Arabia invests $2.7B in the entertainment industry

Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the kingdom invests in recreational projects. The kingdom’s Public Investment Fund announced Wednesday...

Qatar’s eroding wealth and increased debt signal economy may shatter under tougher quadrant measures

Qatar is one of the richest countries in the world with the smallest size and population, yet with one of the largest debts. Qatar built...

Saudi Arabia to allow international companies to install solar cells for power subscribers

The Kingdom will begin receiving applications to install solar cells, with the Saudi Electricity and Co-Generation Regulatory Authority allowing international companies to register for...

Short and long term impact of Trump’s withdrawal from the Iran agreement on Egypt

US President Donald Trump has decided to withdraw from the 2015 agreement between Iran and a group of six nations led by the Obama administration....

Emaar to offer 30% of its real estate development business in Dubai

Emaar Properties, the builder of the world's tallest tower, plans to offer up to 30 percent of its United Arab Emirates real estate development...

Housing project in Riyadh

Maskan Arabia Investment & Development Company, a leading construction real estate developer renowned for bringing the highest standards of innovation to life and implementing...

Malaysia recognises UAE halal products

Malaysia has officially recognised the UAE Halal Products Control System, national certificates and the national Halal mark, which will facilitate the trade of UAE...

The Drums of War bang in Riyadh

No one will win if the world goes into a new war. With the banging drums of war in Riyadh calling for an action...

Aramco signs five key deals with Russian firms

Saudi Aramco has launched a wide range of strategic business collabourations with Russian companies with the signing of five memoranda of understanding (MoUs) covering...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...

Petroleum Marine Services Company (PMS) Profits increase 28% in 2023

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...

Misr Maintenance Company achieves EGP 8.8 bn revenues

The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...