Saudi investments
Saudi sovereign fund acquires stakes in 4 Egyptian government companies
Egypt
August 11, 2022
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
February 3, 2018
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
April 10, 2016
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
April 5, 2016
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
August 21, 2015
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
April 24, 2013
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
October 4, 2012
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
September 12, 2012
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
May 1, 2012
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
April 28, 2012
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…