Social media
Home page>ECONOMY>Saudi, Egypt sign $7.7bl...

Videos

ECONOMY
June 22, 2022
Saudi, Egypt sign $7.7bln deals as crown prince visits Cairo

The deals were related to renewable energy, petroleum products, food and fintech

ECONOMY

Abu Dhabi’s GDP expands 7.7%, non-oil economy grows 7.6% in Q3 2025

Abu Dhabi’s GDP expands 7.7%, non-oil economy grows 7.6% in Q3 2025
Abu Dhabi’s GDP expands 7.7%, non-oil economy grows 7.6% in Q3 2025
POLICY

Egypt to mobilize $1bln for startups over 5 years under new charter

Egypt to mobilize $1bln for startups over 5 years under new charter
Egypt to mobilize $1bln for startups over 5 years under new charter
ECONOMY

Saudi groups, Syria sign major development deals

Saudi groups, Syria sign major development deals
Saudi groups, Syria sign major development deals
ECONOMY

Saudi: Al-Khateeb says tourism GDP target doubled to $160bln as private sector urged to scale up investment

Saudi: Al-Khateeb says tourism GDP target doubled to $160bln as private sector urged to scale up investment
Saudi: Al-Khateeb says tourism GDP target doubled to $160bln as private sector urged to scale up investment
ECONOMY

UAE industrial exports reach $71.34bln in 2025

UAE industrial exports reach $71.34bln in 2025
UAE industrial exports reach $71.34bln in 2025
ECONOMY

Ras Al Khaimah records 31.5% rise in new business licences

Ras Al Khaimah records 31.5% rise in new business licences
Ras Al Khaimah records 31.5% rise in new business licences
MANUFACTURING

Manufacturing contributes $10bln billion to Oman’s GDP in 2025

Manufacturing contributes $10bln billion to Oman’s GDP in 2025
Manufacturing contributes $10bln billion to Oman’s GDP in 2025

GLOBAL

FOREX

Yen strengthens as markets weigh intervention risks to Takaichi trade

Yen strengthens as markets weigh intervention risks to Takaichi trade
Yen strengthens as markets weigh intervention risks to Takaichi trade
GOLD

Gold rises on softer dollar, as investors brace for US data

GRAINS

Chicago soybeans pull back after rally; traders await USDA crop report

GLOBAL MARKETS

Stocks reel as AI fears dominate market action

GOLD

Gold, silver rise as stock selloff lifts safe-haven demand; CME hikes margins again

Gold, silver rise as stock selloff lifts safe-haven demand; CME hikes margins again
Gold, silver rise as stock selloff lifts safe-haven demand; CME hikes margins again
FOREX

Dollar nears two-week high as AI splurge spooks investors

Dollar nears two-week high as AI splurge spooks investors
Dollar nears two-week high as AI splurge spooks investors

GCC

ECONOMY

Al-Falih says World Cup and Expo reshaped investment priorities as PIF recalibrates projects

Al-Falih says World Cup and Expo reshaped investment priorities as PIF recalibrates projects
Al-Falih says World Cup and Expo reshaped investment priorities as PIF recalibrates projects
CONSTRUCTION

Oman: $5.1mln Masar waterfront project in Sur launching on Feb 11

Oman: $5.1mln Masar waterfront project in Sur launching on Feb 11
Oman: $5.1mln Masar waterfront project in Sur launching on Feb 11
SME

Oman: Allocation of $85.7mln to boost SMEs

Oman: Allocation of $85.7mln to boost SMEs
Oman: Allocation of $85.7mln to boost SMEs
INDUSTRIAL

Oman: Madayn plans $636.8mln industrial city projects during 2026–2030

Oman: Madayn plans $636.8mln industrial city projects during 2026–2030
Oman: Madayn plans $636.8mln industrial city projects during 2026–2030

AFRICA

ENERGY

Cipla to secure South Africa's ARV supply amid supplier crisis

Cipla to secure South Africa's ARV supply amid supplier crisis
Cipla to secure South Africa's ARV supply amid supplier crisis
INFLATION

Nigeria: Monetary conditions to stay loose in 2026 as inflation, FX pressures ease —CBN

Nigeria: Monetary conditions to stay loose in 2026 as inflation, FX pressures ease —CBN
Nigeria: Monetary conditions to stay loose in 2026 as inflation, FX pressures ease —CBN
OIL AND GAS

Nigeria: NCDMB issues NCEC guidance notes to block unqualified firms from oil, gas contracts

Nigeria: NCDMB issues NCEC guidance notes to block unqualified firms from oil, gas contracts
Nigeria: NCDMB issues NCEC guidance notes to block unqualified firms from oil, gas contracts
EQUITIES

Nigeria: Equities poised for strong run in 2026 as reforms, liquidity, global rotation fuel optimism

Nigeria: Equities poised for strong run in 2026 as reforms, liquidity, global rotation fuel optimism
Nigeria: Equities poised for strong run in 2026 as reforms, liquidity, global rotation fuel optimism

LEVANT

REAL ESTATE

Jordan's real estate transactions fall 6% to $723.5mln in January

Jordan's real estate transactions fall 6% to $723.5mln in January
Jordan's real estate transactions fall 6% to $723.5mln in January
INVESTMENT

Jordan: Irbid, Syria's Daraa talks aim to boost trade, investment cooperation

Jordan: Irbid, Syria's Daraa talks aim to boost trade, investment cooperation
Jordan: Irbid, Syria's Daraa talks aim to boost trade, investment cooperation
INVESTMENT

Jordan: Minister of Investment, France Ambassador discuss boosting investment cooperation

Jordan: Minister of Investment, France Ambassador discuss boosting investment cooperation
Jordan: Minister of Investment, France Ambassador discuss boosting investment cooperation

NORTH AFRICA

DIPLOMACY

UAE and Egyptian Presidents review bilateral ties and regional developments

UAE and Egyptian Presidents review bilateral ties and regional developments
UAE and Egyptian Presidents review bilateral ties and regional developments
ECONOMY

Egypt, Germany sign protocol of 7th Joint Economic Committee

Egypt, Germany sign protocol of 7th Joint Economic Committee
Egypt, Germany sign protocol of 7th Joint Economic Committee
ECONOMY

Egypt, Germany tout deeper economic ties at business forum

Egypt, Germany tout deeper economic ties at business forum
Egypt, Germany tout deeper economic ties at business forum
BONDS

Egypt: CBE offers T-bonds to finance state budget

Egypt: CBE offers T-bonds to finance state budget
Egypt: CBE offers T-bonds to finance state budget

MORE ON ECONOMY

TECHNOLOGY

Oman Legal Technology Summit kicks off

Oman Legal Technology Summit kicks off
Oman Legal Technology Summit kicks off
ECONOMY

Abu Dhabi Q3 2025 GDP is at $88.68bln, up 7.7% y/y

Abu Dhabi Q3 2025 GDP is at $88.68bln, up 7.7% y/y
Abu Dhabi Q3 2025 GDP is at $88.68bln, up 7.7% y/y
ENERGY

Nigeria: Why some electricity meters are free, others are not ?

Nigeria: Why some electricity meters are free, others are not ?
Nigeria: Why some electricity meters are free, others are not ?
TRADE

South Africa advances landmark trade partnership with China to unlock duty-free exports

South Africa advances landmark trade partnership with China to unlock duty-free exports
South Africa advances landmark trade partnership with China to unlock duty-free exports
ECONOMY

Egyptian Agriculture Minister praises UAE role in boosting date industry in Egypt

Egyptian Agriculture Minister praises UAE role in boosting date industry in Egypt
Egyptian Agriculture Minister praises UAE role in boosting date industry in Egypt
CYBERSECURITY

Qatar: NCSA issues Log Management Guidelines to strengthen national cyber resilience

Qatar: NCSA issues Log Management Guidelines to strengthen national cyber resilience
Qatar: NCSA issues Log Management Guidelines to strengthen national cyber resilience
JORDAN

Jordan: JCC, JICA delegation discuss economic cooperation, projects

Jordan: JCC, JICA delegation discuss economic cooperation, projects
Jordan: JCC, JICA delegation discuss economic cooperation, projects
HOSPITALITY

Kerten Hospitality signs 1,000 keys, strengthens MENA growth

Kerten Hospitality signs 1,000 keys, strengthens MENA growth
Kerten Hospitality signs 1,000 keys, strengthens MENA growth
ENERGY

P&G and Yellow Door Energy commission solar carport in Dubai

P&G and Yellow Door Energy commission solar carport in Dubai
P&G and Yellow Door Energy commission solar carport in Dubai