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Egypt, Saudi Arabia pen agreement for fertilizer plant in Nubaria

Egypt’s Agricultural Research Centre (ARC) signed a deal with Saudi Green Company for Agricultural Development to produce agricultural fertilizer and soil conditioners in the Nubaria region.

Updated 3/27/2025 9:33:00 AM
Egypt-based AAIB plans to launch services in Saudi Arabia

Arab African International Bank (AAIB) plans to establish a branch in Saudi Arabia to leverage Egyptian investors’ interest in the Saudi market

Updated 3/26/2025 10:23:00 AM
Orascom Construction, Técnicas Reunidas ink $2.6B EPC contract for Saudi power plant expansion

Orascom Construction and Técnicas Reunidas have signed a $2.6 billion engineering, procurement, and construction (EPC) contract to build the 3 GW Qurayyah IPP expansion project in Saudi Arabia’s eastern province.

Updated 3/24/2025 9:50:00 AM
Arab Investment in Egypt's New Companies

Updated 3/13/2025 11:17:00 AM
Tadawul All Share Index drops on Sunday

The Tadawul All Share Index (TASI) of the Saudi Exchange fell by 0.63% on Sunday to 12,035.45 points

Updated 3/2/2025 2:37:00 AM
Egypt-Saudi electrical interconnection to start in June with 1,500 MW

The first phase of the electrical interconnection project between Egypt and Saudi Arabia will be activated in June with a capacity of 1,500 megawatts.

Updated 2/20/2025 12:23:00 PM
Egypt, Saudi Arabia pen energy cooperation agreement during EGYPES 2025

Egypt and Saudi Arabia signed an agreement to develop an executive plan for energy efficiency cooperation following the opening of the Egypt Energy Show (EGYPES 2025).

Updated 2/18/2025 12:32:00 PM
Mobica plans $50M investment in Saudi agriculture

Egypt’s Mobica Group is planning to invest $50 million to cultivate 5,000 feddans in Saudi Arabia through its $100 million Morpho Fund.

Updated 2/11/2025 1:56:00 AM
Khalid AlSweilem named as Chairman of EFG Hermes KSA

EFG Hermes, an EFG Holding company, has named Khalid AlSweilem as the new Chairman of EFG Hermes KSA.

Updated 2/10/2025 1:18:00 AM
Talent 360 secures 6-figure investment round to scale business in Saudi market

Cairo-based HR solutions provider Talent 360 has closed a six-figure investment round to expand its presence in Saudi Arabia

Updated 1/21/2025 3:24:00 AM
Engie-led consortium to build 1-GW wind project in Egypt

The French energy utility Engie and its partners are looking to build a 1-gigawatt (GW) wind project in Egypt.

Updated 1/14/2025 9:39:00 AM
Saudi AHQ inks 2 deals with Egyptian petroleum firms for regional projects

Saudi Arabia-based Abdel Hadi Abdullah Al-Qahtani & Sons Company (AHQ) has signed two framework agreements with Egyptian petroleum companies.

Updated 1/14/2025 1:21:00 AM
Egypt, Saudi Arabia to form supreme coordination council to strengthen cooperation

The Egyptian Cabinet has approved a presidential decree establishing the Egyptian-Saudi Supreme Coordination Council.

Updated 12/18/2024 3:33:00 AM
Egypt’s EDA discusses cooperation with Saudi Arabia in pharmaceutical industry

The Egyptian Drug Authority (EDA) is considering cooperation with Saudi Arabia’s Ministry of Industry and Mineral Resources in localizing active pharmaceutical ingredients, with the aim of strengthening economic ties and supporting shared strategic goals.

Updated 12/18/2024 1:49:00 AM
Egypt, Saudi Arabia discuss joint economic cooperation

Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib held a meeting with Bandar bin Ibrahim bin Abdullah Al Khorayef, the Saudi Minister of Industry and Mineral Resources.

Updated 12/16/2024 2:03:00 AM
Hassan Allam Utilities, Defaf partner to boost logistics infrastructure in Saudi Arabia

Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, has inked a strategic partnership with Defaf United for Logistics, a subsidiary of Nesma Holding.

Updated 12/10/2024 11:54:00 AM
Egypt, Saudi Arabia agree to reduce customs clearance time to 3-4 hours

Egypt and Saudi Arabia have reached an agreement to reduce the customs clearance time for goods between the two countries to just three to four hours, instead of three days.

Updated 12/10/2024 10:01:00 AM
Fawry gears up for financial activities, investment opportunities

Fawry for Banking Technology and Electronic Payment (FWRY) is set to add new financial activities and investment opportunities over the coming period.

Updated 12/10/2024 9:46:00 AM
Saudi Arabia's Al-Mousa Cables to establish €50M factory in Egypt

Saudi Arabian cable manufacturer Al-Mousa is planning to establish its first production facility in Egypt with an investment of €50 million.

Updated 12/8/2024 8:11:00 AM
Egypt, Saudi Arabia mull strengthening economic ties at WIC in Riyadh   

Minister of Investment and Foreign Trade Hassan El-Khatib met with Khalid Al-Falih, Saudi Arabia's Minister of Investment, to explore ways to enhance economic relations between the two nations.

Updated 11/26/2024 9:40:00 AM