Saudi investments

Saudi sovereign fund acquires stakes in 4 Egyptian government companies
Egypt

Saudi sovereign fund acquires stakes in 4 Egyptian government companies

The Saudi sovereign fund acquired minority stakes in four Egyptian government companies, at a value of US$1.3 billion. The acquisition…
Egypt offers Saudi group chance to invest in New Administrative Capital
Egypt

Egypt offers Saudi group chance to invest in New Administrative Capital

Egypt Housing Minister Mostafa Madbouli met on Friday a delegation from the Saudi Al-Tayyar Group, headed by its Executive Director…
Egypt may gain after Saudi King visit; Gulf may firm
Business

Egypt may gain after Saudi King visit; Gulf may firm

Egypt's stock market may rise on Sunday after a visit by Saudi Arabia's King Salman unveiled multi-billion dollar investment plans,…
Saudi king sets aside frustrations with Egypt for state visit
Egypt

Saudi king sets aside frustrations with Egypt for state visit

Despite years of mutual frustration and disappointment over diverging priorities, Saudi Arabia and Egypt remain fundamental to each other's security,…
Saudi investment company dispute resolved
Business

Saudi investment company dispute resolved

The Saudi-Egyptian Businessmen Association (SEBA) said that a committee of the Defense Ministry and the Administrative Control Authority has resolved…
Trade and industry minister seeks closer Egypt-Saudi ties
Egypt

Trade and industry minister seeks closer Egypt-Saudi ties

Trade and Industry Ministry Hatem Saleh said Egypt and Saudi Arabia are seeking to further develop ties in different fields,…
Through special office, government to protect Saudi investors
Business

Through special office, government to protect Saudi investors

In what appears to be a last-ditch effort for the government to settle several high-dollar deals domestically instead of paying…
Saudi businessmen intend to invest in Egypt, says minister
Business

Saudi businessmen intend to invest in Egypt, says minister

Trade and Industry Minister Hatem Saleh said at a meeting with the Egyptian-Saudi Business Council Wednesday that there are Saudi…
Saudi investments top Egyptian Stock Exchange transactions
Egypt

Saudi investments top Egyptian Stock Exchange transactions

Saudi investors were the top Arab investment traders in the stock market during the first quarter of 2012, said Egyptian Stock…
50% increase in Egypt-Saudi trade volume in 2012
Business

50% increase in Egypt-Saudi trade volume in 2012

The amount of trade between Egypt and Saudi Arabia increased during the first quarter of 2012 by 50 percent, compared…
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