Minister of Petroleum and Mineral Resources Karim Badawi held meetings with leaders from Saudi Arabia and Congo on the sidelines of the Egypt Mining Forum 2026 to discuss expanding cooperation in the mining sector.

NILEWOOD, a subsidiary of Valmore Holding and a manufacturer of medium-density fiberboard (MDF), participated as an exhibitor at Saudi Wood Show 2026, held in Riyadh during September 1-3

Trade exchange between Egypt and Saudi Arabia hit $7.1 billion in the first six months of 2026, 20.3% up from $5.9 billion a year earlier, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).

President Abdel Fattah El-Sisi and Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud agreed to join forces and boost bilateral cooperation.

Oil prices extended their hike on Monday, September 14, rising more than 3% as fresh strikes on Saudi Arabia’s energy infrastructure heightened concerns over global supply disruptions.

Egypt-based startup incubator MINT by EGBANK has partnered with regional entrepreneurship and investment firm Value Makers Studio (VMS) to support Egyptian startups entering and expanding in Saudi Arabia.

The Egyptian Space Agency (EgSA) and the Saudi Space Agency (SSA) have begun outlining an executive plan to design and build the first joint Egyptian-Saudi satellite.

MSC has rerouted its Jade shipping service back through the Suez Canal and Bab Al Mandab, passing through King Abdullah Port in Rabigh, the Saudi Ports Authority (Mawani) announced.

Hassan Allam Holding has signed a SAR 2.7 billion contract for the development of the Waldorf Astoria Hotel, Residences, & Mixed-Use Super Block in Diriyah, Saudi Arabia

Egypt-based fintech NowPay is expanding into Saudi Arabia through NowAccess, a new joint venture established in partnership with Tas’heel, the consumer finance arm of United International Holding Company.

Prime Minister Mostafa Madbouly and officials from Saudi Arabia-based ACWA Power discussed frameworks for cooperation on seawater desalination projects as Egypt moves forward with plans to expand desalination capacity and increase production to 10 million cubic meters per day.

EFG Hermes, an EFG Holding company, concluded the Saudi Capital Market Investor Conference in partnership with Saudi Exchange (Tadawul) in Riyadh, bringing together institutional investors and Saudi-listed companies amid regional geopolitical tensions.

Jamjoom Pharma has signed a memorandum of understanding (MoU) with Magrabi Health Group to strengthen cooperation in ophthalmology services.

The Tadawul All Share Index (TASI) dropped around 4.5% at the opening of trading on Sunday, March 1st, as regional markets came under pressure following escalating military tensions involving the US, Israel, and Iran.

Raya Auto, a fully owned portfolio company of Raya Holding for Financial Investments, has launched electric golf cart assembly operations in Saudi Arabia through a newly established joint venture with Samara Land Transportation Services Co., a subsidiary of Alturki Holding.

Elsewedy Electric intends to establish new factories in Saudi Arabia across the energy and infrastructure sectors, with investments exceeding SAR 1.5 billion.

TBK International, Tabarak Holding’s development arm in the Gulf, and Minor Hotels, a global leader in the hospitality industry, signed a strategic cooperation agreement to launch the Oaks Riyadh project in Saudi Arabia.

Egypt is examining broader opportunities for its petroleum and engineering companies to participate in Saudi Arabia’s NEOM project, following an official visit by Minister of Petroleum and Mineral Resources Karim Badawi to the Kingdom.

Around 90% of Egyptian businesses are expected to increase their trade with Saudi Arabia over the next five years, according to an emailed HSBC report.

Saudi Egyptian Investment Company (SEIC) has completed the sale of its entire stake in Alexandria Container and Cargo Handling Company (ACCH) to Black Caspian Logistics Holding Limited, as per a disclosure.