International Agreements

(Photo Credit: Press Release)
23 March 06:19 PM Egypt-Lebanon sign 17 agreements
Cairo – Mubasher: The Egyptian-Lebanese Higher Committee signed 17 agreements to promote joint cooperation in the fields of small- and medium-sized enterprises (SMEs) and consumer protection, as well as experience exchange in several fields, …
The loan is part of the 2015-2019 strategic partnership between Egypt and the World Bank - (Photo Credit: Press Release)
22 March 01:57 PM Egypt negotiates $1 billion tranche of World Bank loan
Cairo - Mubasher: The Egyptian minister of investment and international cooperation said she is currently negotiating the third tranche of the $3 billion loan with the World Bank, with a value of $1 billion. Sahar Nasr added in a statement on …
Photo Credit: Press Release
21 March 08:49 PM Gemini to launch AED 300m Dubai project in Abad-Jang
Dubai - Mubasher: Gemini Property will present its AED 300 million project in Dubai, Gemini Splendor, during the Abad-Jang Expo 2017 in Pakistan, according to Dome Exhibitions. The project is the first of its kind in Dubai’s Sobha Hartland, as per …
Photo Credit: Press Release
20 March 12:27 AM Aramco ready to raise investments in China
Riyadh - Mubasher: The CEO of Saudi Aramco, Amin Nasser, said on Sunday that his company is ready to double its investments in China, especially in the fields of oil refinery, processing, and marketing. The Saudi 2030 vision and the Chinese One …
Photo Credit: Arabianeye-Reuters
19 March 08:40 PM Egypt receives two oil shipments from Saudi Aramco
By: Ahmed Allam Cairo - Mubasher: The Egyptian minister of petroleum and mineral resources announced on Sunday that Egypt has received two diesel shipments from Saudi Aramco on Friday and Saturday. The minister's remarks were made on the sidelines …
(Photo credit: Arabianeye - Reuters)
17 March 07:46 PM Aramco to resume oil supply to Egypt
Cairo – Mubasher: Egypt's Petroleum Ministry announced in Wednesday an agreement with Saudi Aramco to resume oil shipments after stoppage for several months. Egyptian General Petroleum Corporation (EGPC) signed a deal with Aramco to receive …
(Photo archive)
17 March 06:52 PM Egypt's investment ministry, KFAED ink $65m deals
Cairo – Mubasher: Egypt's Ministry of Investment and International Cooperation and the Kuwait Fund for Arab Economic Development (KFAED) signed two agreements worth $65 million. The two deals include a KWD 18.5 million loan ($64.6 million) to …
(Photo credit: Arabianeye - Reuters)
17 March 01:06 PM KSA to run SAR 2bn projects in Bahrain
Riyadh – Mubasher: Saudi Ambassador to Bahrain Abdullah bin Abdulmalik Al Shaikh said that the two countries will sign nine agreements worth SAR 2 billion ($533 million) on Saturday. The deals will be to carryout projects cover various sectors …
(Photo Credit: Arabianeye-Reuters)
16 March 01:17 PM KSA, China ink deal for peaceful use of nuclear technology
Riyadh – Mubasher: Saudi King Salman and the Chinese President Xi Jinping signed 14 agreements on the sidelines of the King’s visit to China. The most prominent deal inked was a cooperation agreement regarding the peaceful use of nuclear …
Aramco suspended oil shipments to Egypt in October - (Photo Credit: Arabianeye-Reuters)
15 March 07:32 PM Aramco to recommence oil shipments to Egypt
Cairo - Mubasher: The Egyptian minister of petroleum and mineral resources revealed that an agreement with the Saudi side has been reached to receive oil shipments from Aramco. Tarek Al Molla added in a statement on Wednesday that recently there …
Photo Credit: Arabianeye-Reuters
15 March 06:19 PM Egyptian Parliament committee approves IMF loan
By: Heba Al Kordy Cairo - Mubasher: The head of the Egyptian Parliament's Legislative and Constitutional Committee said that it has approved Egypt's loan agreement with the International Monetary Fund (IMF). The committee approved the agreement by …
(Photo Credit: Arabianeye-Reuters)
15 March 11:32 AM Ten deals to be signed during King Salman’s visit to China
Riyadh – Mubasher: Saudi King Salman started an official visit to China on Wednesday after concluding his visit to Japan, which started on Sunday. The Saudi ambassador to China told Alekhbariya that the King’s visit may witness the signing of more …
The meeting between the Egyptian Trade Minister and the Jordanian Ambassador - (Photo Credit: Press Release)
13 March 01:56 PM Jordanian investments in Egypt total $512m
Cairo - Mubasher: The ambassador of the Hashemite Kingdom of Jordan to Egypt said on Monday that Jordanian investments in the Egyptian market reached $512 million in 1,527 companies. Ali Al Aayed added during his meeting with the Egyptian minister …
Photo Credit: Arabianeye-Reuters
12 March 06:58 PM Egyptian-Saudi electric connection to be completed in 2 years
Cairo - Mubasher: The Egyptian minister of electricity and renewable energy said on Sunday that the electric interconnection project between Egypt and Saudi Arabia will be finished by 2019 with a capacity of 3,000 megawatt. Mohamed Shaker added in …
A total of 80 companies are listed with a market value of $9 billion (Photo Credit: Press Release)
9 March 01:25 PM Nasdaq Dubai, Bourse de Tunis ink MoU
Dubai – Mubasher: Nasdaq Dubai have signed a memorandum of understanding (MoU) with Bourse de Tunis to explore potential opportunities for collaboration, according to a statement. Under the agreement, both bourses will consider ways to promote …
ADNOC gas station (Photo Credit: Company Website)
9 March 12:49 PM ADNOC, Indian Cabinet ink deal for oil storage
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) signed a deal with the Indian Cabinet on oil storage and management, according to a tweet posted by the company. The company has signed an agreement for the sale of up to 528,000 tonnes …
The Egyptian Prime Minister, Sherif Ismail - (Photo Archive)
8 March 11:43 PM Egypt, UK ink $150m loan agreement
Cairo - Mubasher: The Egyptian Cabinet announced that the Ministry of Investment and International Cooperation has signed a loan agreement with the United Kingdom with a total value of $150 million. The agreement aims at raising the cooperation …
(Photo Credit: Press Release)
6 March 05:37 PM Egyptian-Brazilian bilateral trade up to $1.9bn
Cairo - Mubasher: The Egyptian minister of trade and industry, Tarek Kabil, said that trade exchange between Egypt and Brazil reached $1.87 billion in 2016, according to a statement issued on Monday. Brazilian investments in Egypt reached $19.5 …
Photo Credit: Arabianeye-Reuters
6 March 12:50 PM Egypt, Russia to finalise 17 cooperation agreements
Cairo - Mubasher: The chairman of the Russian Parliament's Foreign Affairs Committee, Konstantin Kosachev, said on Sunday that Russia and Egypt have agreed to finalise 17 intergovernmental agreements, according to Sputnik news agency. Kosachev did …
The Egyptian Minister of Petroleum and Mmineral Resources - (Photo Credit: Arabianeye-Reuters)
4 March 01:25 PM Egyptian oil minister to attend PDAC 2017
Cairo - Mubasher: The Egyptian ministry of petroleum announced that the minister of petroleum and mineral resources will attend the Prospectors and Developers Association of Canada (PDAC) convention. Tarek El Mola will also be attending the …
Photo Credit: Arabianeye-Reuters
3 March 06:17 PM Egypt inks MoUs with Cyprus
Cairo – Mubasher: The investment and international cooperation ministry has signed three memorandum of understanding (MoU) agreements with Cyprus to boost the bilateral cooperation, according to a statement issued on Friday. The agreements …
The agreement includes providing $250 million to support Egypt’s economic programme (Photo Credit: Arabianeye-Reuters)
3 March 12:04 PM Germany earmarks $500m for Egyptian economy
Cairo – Mubasher: Germany has allocated $500 million to support Egypt’s economy, the international cooperation ministry said on Friday. The agreement includes providing $250 million to support Egypt’s economic programme, as well as $250 million to …
Egyptian Minister of Trade and Industry Tarek Kabil - (Photo Credit: Press Release)
1 March 10:15 PM Egyptian-German trade reaches EUR 5.6bn in 2016
Cairo - Mubasher: The Egyptian Ministry of Trade and Industry said that bilateral trade between Egypt and Germany reached EUR 5.56 billion ($5.89 billion) in 2016, increasing by 10% compared to its level in the year before. Minister Tarek Kabil …
(Photo credit: Ministry Website)
28 February 10:59 AM KSA, Malaysia ink 7 MoUs at SAR 8bn
Riyadh – Mubasher: The Saudi Ministry of Commerce and Investment signed seven memorandums of understanding (MoUs) with Malaysia at a total value of SAR 8 billion. ​On the sidelines of the visit of the Custodian of the Two Holy Mosques to Malaysia, …
Signing the nuclear cooperation agreement between Egypt and Russia in November 2014 - (Photo Credit: Arabianeye-Reuters)
25 February 05:43 PM Egypt’s 1st nuclear plant arrangements in final stages - Minister
Cairo - Mubasher: The Egyptian minister of electricity and renewable energy said that the Dabaa nuclear project has reached its final stages before signing the construction and operation contracts with the Russian side. Mohamed Shaker said during …