Fitch Raises Egypt's Credit Rating
Fitch Ratings upgraded Egypt's rating to B+ with a "stable outlook" against the previous rating B, and announced that the continued healthy performance of Egypt's external financing would depend on...
Swiss foreign direct investment in Egypt records $1.6B
The Swiss foreign direct investment in Egypt reached $1.6 billion, marking an increase of $400 million during the last two years, according to Minister of Investment Sahar Nasr. Nasr added that...
Aramco Trading to open London office in overseas expansion
Saudi Aramco’s trading arm plans to open an office in London soon as it expands its international business, sources...
Shell, MOG sign energy development agreement
Shell CEO Ben van Beurden and Dr Mohammed bin Hamad Al Rumhy, Minister of Oil & Gas (MOG), have signed an...
Morocco and Spain set to construct a third power interconnector
The government of Morocco and Spain have signed a memorandum of understanding (MoU) to...
Digital banking gains momentum in Egypt
In the embrace of new technology, every step counts in Egypt’s digital transformation, according...
Vicat Group to inject $34mln into Egypt’s cement sector
Vicat Group to inject $34mln into Egypt’s cement sector These investments will cover the market’s demand for cement, says company official Vicat Group, the main developer and...
Saudi Arabia unveils seven principles to raise investment
Saudi Arabia unveils seven principles to raise investment Saudi Arabia has unveiled seven investment principles, issued by royal decree and based on international best practice,...
QATAR FAST TRACKING POLICIES TO TAP MORE FDIS
Qatar fast tracking policies to tap more fdis Qatar has begun fast-tracking the implementation of “progressive policies” to further attract foreign direct investments (FDIs), HE...
Bahrain Development Bank Closes US$100 Million Al Waha Fund To Support MENA Startups
Indicating a boost for the ecosystem, Bahrain Development Bank (BDB) has successfully closed its US$100 million venture capital “fund of funds” to support startups in...
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