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ERBC seeks to diversify products exported from Egypt to Russia

The Egyptian Russia Business Council (ERBC) is seeking to diversify the products exported to Russia and to solve the problems fa....


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Egypt receives $6 bln from Saudi Arabia, UAE, Kuwait: Central Bank

Saudi Arabia, Kuwait and the United Arab Emirates deposited $6 billion with Egypt’s central bank on Wednesday, the bank&rsqu....


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Cheap Oil Slows Saudi, UAE Projects But Qatar, Kuwait Rise -ADCB

Low oil prices are slowing new economic projects in Saudi Arabia and the United Arab Emirates but project awards have accelerate....


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Russian delegation to visit Suez to study planned industrial zone

CAIRO: A Russian delegation is to visit Egypt in May to discuss investments in the Russian industrial zone inproject, stated Minis....


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Saudi stock market to open up to foreign investment

Saudi Arabia will open its stock market to direct foreign investment on June 15, allowing approved foreign investors to invest in ....


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Aldar launches three new residential projects in Abu Dhabi

Aldar Properties on Monday launched three major new residential developments in prime areas of Abu Dhabi, including in investment ....


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Saudi Arabia’s first ‘Cargo Village’ launched

King Fahd International Airport (KFIA), one of the region’s fastest growing and leading international airports, on Tuesday o....


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Gulf mostly up despite oil, Egypt continues recovery

Most major Gulf stock markets rose on Thursday as positive corporate news and earnings outweighed a pull-back of oil prices, whi....


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Saudi pumps up oil production to record high 10.3 million bpd

Saudi Arabia has revved up crude production to its highest rate on record, feeding unexpectedly strong demand from foreign refiner....


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Egypt’s cabinet approves long-awaited investment law: PM

Egypt’s cabinet approved a long-awaited draft law on investment on Wednesday, the prime minister said, aimed at making deals....


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