Saudi fund to sign $11B loan from world’s biggest banks
Saudi Arabia’s sovereign wealth fund will sign an $11 billion loan this week, marking its first-ever borrowing, according to people...
Finance
€10bn Qatari investment in Germany to spur private sector growth
Qatar’s pledge to pour €10bn worth of investments into Germany over the next five years will help spur economic development...
$26 bn of investment in Egypt free zones by July: minister
Total investment in Egypt’s capital-incentivizing “free zones” reached US$26 billion by the end of July, according to Investment and International...
Saudi wealth fund bets big to revamp oil-based economy
With the stock market listing of its national oil company stalled, Saudi Arabia is scrambling to boost the coffers of...
Egypt, China sign 3 contracts at $1 bn investment
On the sidelines of President Abdel Fattah al-Sisi’s visit to China, three contracts were signed on Sunday evening with large...
Saudi Ambassador: Over 20 agreements to be signed with Lebanon after Govt. formation
The Saudi Charge d'Affaires in Lebanon, Walid Al-Bukhari, said on Saturday that more than 20 project agreements have been drafted...
Egypt: New draft customs law offers many facilities for commerce, industry
Minister of Finance Mohamed Ma’it said that the new draft customs law provides many facilities for the commercial and industrial...
Sisi ratifies ‘Egypt Fund’ for mega national projects
Egyptian President Abdel Fatah al-Sisi ratified a new law No. 177 for 2018 to establish a new sovereign fund named...
Iraq, Jordan consider Joint Industrial Zone
Jordanian Prime Minister, Omar Razzaz, on Monday met with Iraqi Defence Minister, Irfan Hayali, to discuss the Jordanian-Iraqi relations. ...
Iraq to ease entry visas for investors
The Iraqi Cabinet held its weekly regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Haider Al-Abadi....
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