Trade was already growing fast: Non-oil trade between the two countries reached USD 2.15 bn in 2025, up 65% from 2024 and more than double the USD 1.01 bn recorded in 2021, according to The National.
NMDC Energy has won three offshore EPC projects from Saudi Aramco, worth a combined USD 763.3 mn (c. SAR 2.86 bn), according to an ADX disclosure (pdf) from the Abu Dhabi-listed contractor. NMDC ...
The Abu Dhabi renewables firm is putting its Terna Energy acquisition to work while partnering with Khazna to explore powering Greece’s growing data center industry ...
Business is still moving: Masdar is buying one of Greece’s largest solar projects days after the UAE pledged EUR 15 bn for the country. And Emirates NBD is tapping Asian banks for up to USD 1 bn now ...
Emirates NBD is the latest Gulf name turning to Asian lenders for cash. The bank is seeking a loan of at least USD 500 mn from Asian banks, with an option to upsize it to USD 1 bn, Bloomberg reports, ...
Saudi Arabia became the world’s largest sukuk market by outstanding value for the first time in 2025, holding USD 1.47 tn in total Islamic finance assets. It also ranked second in the Islamic Finance ...
Education Minister Mohamed Abdel Latif has turned down international school owners’ request to keep Arabic and history out of students’ final scores. Every Egyptian student at ...
The forum closed with a named, KPI-tracked 2027-2030 program, 150 published indicators, and a wage floor that rises 87.5% by FY 2029/30 ...
Good morning, lovely people. The IMF mission is in town earlier than we expected for the eighth and final review of our USD 8 ...
Analysts see enough of a real-rate cushion to wait out the EGP’s slide, and some warn a hike could come back on the table ...
BdC’s earlier attempts to list, the last during Covid, pitched a turnaround that was still in progress. This time, Abaza says, “we’re actually bringing it to the market as a successful transformation ...
Grova Developments awarded Hassan Allam Construction (HAC) an additional USD 500 mn in construction works for Phase II of Grova EastHills, adding 334 acres to push the East Cairo ...
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