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.
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.
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 Crown Prince Invests $5 Billion in Egypt
The Egyptian cabinet announced on Monday that Saudi Crown Prince Mohammed Bin Salman has directed the Saudi Public Investment Fund (PIF) to invest $5 billion in Egypt’s economy as part of an initial investment stage.
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.
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 ...
Zawya3d
ACWA Power to complete raising $1.5bln fund within November for Egypt’s wind power project
The Saudi firm has conducted all the studies on the project, which will have a production capacity of up to 1,100 megawatts ...
اخبار 242d
Egypt's e-payments firm Fawry in talks to enter Saudi market: CEO
Egyptian e-payment services firm Fawry is currently in talks with several partners in the Kingdom to enter the local market, ...
Egypt Independent4d
Saudi Arabia to inject $5 billion in investments into Egypt as a first phase
During the meeting, the Saudi Prince ordered the injection of five billion dollars in investments into Egypt as a first phase. A significant portion of the meeting focused on ways to attract and ...
Zawya3d
Egypt: Saudi Seventh Investment lowers stake in Abu Qir Fertilizers to 0.54%
This came after the company sold 9.579 million shares in Abu Qir Fertilizers for EGP 555.894 million at an average price of ...
Gulf Business on MSN3d
Egypt seeking investment on southern Red Sea coast
Egypt has been seeking large-scale investments as it tries to overcome a long-running economic crisis that led to record ...
Egyptian cabinet says Saudi Crown Prince told PIF to pump $5 billion 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 ...
Egyptian Streets2d
Egypt PM Vows No Return to Power Outages
At a press conference on Thursday, 19 September, Egypt's Prime Minister Mostafa Madbouly assured the public that there would ...