investment
Oman introduces long-term residencies for foreign investors
Middle East
June 23, 2021
Oman introduces long-term residencies for foreign investors
June 23 (Reuters) – Oman will start granting long-term residence visas to foreign investors, state media said on Wednesday, as…
Dubai investment arm posts $5.1 billion loss amid pandemic
Middle East
June 22, 2021
Dubai investment arm posts $5.1 billion loss amid pandemic
DUBAI, United Arab Emirates (AP) — Dubai’s state-owned sovereign wealth fund announced Tuesday a net loss of $5.1 billion over…
Saudi Arabia is 2nd largest investor in Egypt: minister
Business
June 17, 2021
Saudi Arabia is 2nd largest investor in Egypt: minister
The Egyptian Minister of Trade and Industry, Nevine Gamea, affirmed that Saudi Arabia is the second largest investor in Egypt,…
Orascom to generate LE200 million in pyramids area development for sound and light shows
Archaeology
June 16, 2021
Orascom to generate LE200 million in pyramids area development for sound and light shows
Misr for Sound and Light, a holding company for tourism affiliated with the Ministry of Public Business, and Orascom Investment…
Oman, S.Arabia discuss investment, days after Omanis protest over unemployment
Middle East
June 2, 2021
Oman, S.Arabia discuss investment, days after Omanis protest over unemployment
Senior Saudi and Omani officials on Tuesday discussed investment opportunities in both countries, state media reported, a few days after…
EU-China investment deal put on ice over sanctions
World
May 5, 2021
EU-China investment deal put on ice over sanctions
A diplomatic spat between the European Union and China has jeopardized a major investment agreement, officials said on Tuesday. EU Commission Vice President…
Turkey’s banks shy away from Erdogan’s ‘crazy’ canal – sources
Middle East
April 27, 2021
Turkey’s banks shy away from Erdogan’s ‘crazy’ canal – sources
Some of Turkey’s biggest banks are reluctant to finance President Tayyip Erdogan’s planned Istanbul canal due to environmental concerns and…
Sisi, Putin agree to resume full air traffic between Egypt and Russia
Egypt
April 23, 2021
Sisi, Putin agree to resume full air traffic between Egypt and Russia
President Abdel Fattah al-Sisi received on Friday morning a phone call from Russian President Vladimir Putin, during which the two…
Miners seek gold under the desert sands after Egypt changes rules
Egypt
April 23, 2021
Miners seek gold under the desert sands after Egypt changes rules
Mining companies awarded blocks in Egypt’s Eastern Desert are set to start exploring for gold under a legislative overhaul that…
EBRD president visits Cairo for key development meetings
Business
April 21, 2021
EBRD president visits Cairo for key development meetings
The European Bank for Reconstruction and Development (EBRD)’s President Odile Renaud-Basso began a visit to Egypt on Wednesday. In her…