Saudi Arabia
Egypt needs to depreciate its currency again: Bloomberg
Business
August 17, 2022
Egypt needs to depreciate its currency again: Bloomberg
Bloomberg news agency reported that the increasing pressure on the Egyptian economy has led the largest banks in the world…
Saudi fund invested $500 million in Russian oil as Ukraine invasion began
Middle East
August 15, 2022
Saudi fund invested $500 million in Russian oil as Ukraine invasion began
Saudi Arabia’s Kingdom Holding, the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million…
Who is the Saudi who blew himself up during his arrest and the case in which he is accused?
Middle East
August 12, 2022
Who is the Saudi who blew himself up during his arrest and the case in which he is accused?
After the Saudi Arabia’s Presidency of State Security announced, on Friday, that a wanted man named Abdullah bin Zayed Abdul…
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…
Saudi Sovereign Fund buys share of Egypt’s MOPCO
Business
August 10, 2022
Saudi Sovereign Fund buys share of Egypt’s MOPCO
Government sources revealed an agreement between the Saudi Egyptian Investment Company – the investment arm of the Saudi Sovereign Fund…
Former Twitter employee is convicted in Saudi spy case
Middle East
August 10, 2022
Former Twitter employee is convicted in Saudi spy case
A former Twitter manager accused of spying for Saudi Arabia was convicted on Tuesday on six criminal counts, including acting…
Saudi airlines reduce ticket prices by 40%
Middle East
August 9, 2022
Saudi airlines reduce ticket prices by 40%
The Director of Corporate Communications Affairs at Saudi Airlines, Abdullah al-Shahrani on Sunday announced a reduction in the prices of…
Egyptian community in KSA urgently requests identifying dead Egyptian expat to burry him
Egypt
August 4, 2022
Egyptian community in KSA urgently requests identifying dead Egyptian expat to burry him
An Egyptian died in Saudi Arabia 11 days ago without identifying any of his family or relatives in Egypt so…
Women under 45 years old allowed to make Umrah without ‘mahram’
Egypt
August 4, 2022
Women under 45 years old allowed to make Umrah without ‘mahram’
The Ministry of Hajj and Umrah in Saudi Arabia has allowed women under 45 years old to perform Umrah without…
Biden admin approves potential multibillion-dollar arms sales to Saudi Arabia and UAE
Middle East
August 3, 2022
Biden admin approves potential multibillion-dollar arms sales to Saudi Arabia and UAE
(CNN) – The Biden administration on Tuesday approved and notified Congress of possible multibillion-dollar weapons sales to both Saudi Arabia…