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Saudi Arabia's investments in Egypt amount to $6.12bn: Egyptian trade minister

RIYADH: Saudi Arabia is the second largest investor in Egypt, with $6.1 billion poured into 6,017 projects, according to the north African country’s Minister of Trade and Industry Ahmed Samir. The trade minister announced the investment figure during his visit to Riyadh on Dec. 25, where he met Saudi ministers and senior officials to boost bilateral ties between the two ....

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Egyptian firm Elsewedy Electric to set up operation in Saudi Arabia as cross-national ties deepen

RIYADH: Egyptian company Elsewedy Electric is all set to establish a new firm in Saudi Arabia with a capital of SR500,000 ($133,048), as trade relations between the countries deepen. According to a bourse disclosure, the decision was made after its Board of Directors approved the proposal to open a new company in the Kingdom. The bourse disclosure further noted the location of ....

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Saudi Arabia scouts for real estate opportunities in Egypt after foreign ownership rule change

RIYADH: Saudi Arabia is exploring investment opportunities in Egypt’s improving real estate landscape following the recent move of the African nation to remove restrictions on foreign ownership of land. The Kingdom’s Real Estate National Committee has met with the Egyptian Businessmen’s Association at the headquarters of the Federation of Saudi chambers in Riyadh to discuss ....

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Design codes launched for Riyadh's giant Sports Boulevard

Design codes launched for Riyadh's giant Sports Boulevard
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

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Saudi Arabia Wishes to Explore Investment Opportunities in Egypt's Real Estate

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities ....

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