Egypt, Saudi Arabia
Egypt PM says Saudi's planned $5 billion investment independent of cenbank deposit
Egypt's Prime Minister Mostafa Madbouly said on Thursday that a planned Saudi Arabian investment of $5 billion in Egypt is independent of funds the Gulf state has deposited in the country's central bank,
Egypt Says Saudi Arabia Wealth Fund Set to Invest $5 Billion
Egypt said Saudi Arabia’s crown prince has directed the kingdom’s sovereign wealth fund to invest an initial $5 billion in the North African country.
Egypt and Saudi Arabia: The Beating Heart of the Arab Nation
King Abdulaziz Al Saud declared long ago, “The Arabs cannot do without Egypt, and Egypt cannot do without the Arabs.” This profound statement underscores the unique nature of Egyptian-Saudi relations,
Saudi Arabia is betting big on Egypt
After decades of providing cash assistance, the kingdom will invest $5 billion in companies and projects that promise yield.
Saudi Crown Prince promises $5bn investment in Egypt through PIF
The pledge comes after crown prince meets Egyptian Prime Minister in Riyadh; Details of the investment not known as yet
Saudi wealth fund PIF to invest $5bn in Egypt
Saudi Crown Prince Mohammed bin Salman has directed his country's sovereign wealth fund to invest $5 billion in Egypt, Cairo's cabinet announced on Monday. Egypt said the $5 billion injection would be the “first phase” of Saudi investments through its Public Investment Fund.
Zawya30m
Egypt’s PM assures no more power cuts, highlights investment growth plans
We have secured more than $2.5bln to guarantee sufficient fuel supply for the summer,” he said, explaining that the ...
Egyptian cabinet says Saudi Crown Prince told PIF to pump $5 bln into Egypt as 'first stage'
The Egyptian cabinet said in a statement on Monday that Saudi Crown Prince Mohammed bin Salman has directed the Saudi Public ...
CounterPunch34m
Between a Rock and a Hard Place: Egypt Now
It has been thirteen years since the 2011 Revolution in Egypt toppled Hosni Mubarak. He had been at that point the president ...
Zawya11m
Egypt’s edtech Farid drives regional expansion plans via funding round
Cairo – Farid, an emerging Egyptian EdTech Startup, has secured $250,000 in a pre-seed funding round from Saudi businesswoman Amal bint Abdulaziz Al Ajlan. This funding aligns with the company’s ...
Egypt Earmarks Red Sea Spots in Search of More Tourism Megadeals
Egypt’s government said it earmarked five areas on the Red Sea coastline to offer to investors for tourism development, ...
CairoScene.com21h
Egypt’s GoBus Expands into the Saudi Market
The introduction of new buses is part of GoBus’s strategy to improve mobility in Saudi Arabia.
Egypt's Prime Minister In Saudi Arabia For Talks On Cooperation, Regional Issues
( MENAFN - Daily News Egypt) Egypt's Prime Minister Mostafa Madbouly landed in Riyadh, Saudi Arabia, on Sunday for an ...