International Agreements

Amman Municipality inked an agreement with the EBRD to transform the capital into a smart city
15 November 06:23 PM Jordan offers tax cuts to attract private investments in infrastructure
By: Moslem Ali Cairo - Mubasher: Jordan is currently trying to overcome the economic decline it witnessed since the Arab Spring, said the Jordanian minister of planning and international cooperation, Imad Najib Fakhoury. Jordan faced some of the …
Kuwait Wataniya Airways signed an MoU with Airbus
14 November 07:17 PM Kuwait's Wataniya Airways to buy 25 Airbus jets at $2.7bn
By: Amr Adel Dubai - Mubasher: Kuwait-based Wataniya Airways on Tuesday signed a memorandum of understanding (MoU) with Airbus to buy 25 Airbus A320neo family aircraft at a total value of $2.7 billion. Ali Al Fouzan, board chairman of Wataniya …
The EBRD and ALEXBANK’s deal for energy efficiency in Egypt
14 November 06:56 PM The EBRD and ALEXBANK’s deal for energy efficiency in Egypt
Cairo - Mubasher: The European Bank for Reconstruction and Development (EBRD) in conjunction with the European Investment Bank (EIB) on Tuesday announced that they are setting a plan to improve renewable energy efficiency in Egypt.  EBRD President …
Aramco is the biggest oil company in the world
18 October 06:16 PM Gazprom to cooperate with Aramco in oil recovery, fracturing
Mubasher: Gazprom Neft will jointly work with Saudi Aramco in hard-to-recover oil production and on a technology known as hydraulic fracturing, the head of the Russian oil company Alexander Dyukov said on Wednesday, as reported by Reuters. In …
EBRD Director of Power and Energy Utilities Harry Boyd Carpenter
18 October 04:41 PM Egypt enjoys unique factors to invest in renewable energy - Interview
By: Moslem Ali Cairo - Mubasher: The European Bank for Reconstruction and Development (EBRD) has recently made the biggest single commitment in its history to renewable energy in one country to finance projects in Egypt. The bank’s board approved …
Abu Dhabi Investment Authority
16 October 09:37 PM ADIA inks $1bn investment deal in India
Abu Dhabi - Mubasher: The National Investment and Infrastructure Fund (NIIF) of India announced on Monday that it has signed a $1 billion investment agreement with Abu Dhabi Investment Authority (ADIA), as reported by the Economic Times. "As part …
Saudi Aramco is the largest oil company in the world
16 October 07:54 PM China offers buying 5% of Aramco directly
Riyadh - Mubasher: China is offering to buy up to 5% of Saudi Aramco directly, Reuters reported citing sources familiar with the matter. Such a move could give Saudi Arabia the flexibility to consider various options for its plan to offer a stake …
Tirana-Elbasan Highway
16 October 05:32 PM ADFD reviews AED424m financed projects in Albania
Mubasher: The Abu Dhabi Fund for Development (ADFD) recently reviewed the status of three of its financed projects in Albania, namely the Tirana River Rehabilitation project, Tirana River Northern Boulevard project, and Tirana-Elbasan Road …
The FSA approved Ossol’s study on the FV of Egypt Gas at EGP 175.39 per share
16 October 02:39 PM Egypt Gas investments in Jordan to post 5% yield in 2018
Cairo – Mubasher: Egypt Gas expected that its future investment plans in Jordan will generate a yield accounting for 5% of total revenues by the end of 2018. This return on investments was estimated based on the study disclosed by Ossol for …
The Saudi Economic Cities Authority and Dubai Airport Free Zone signed the MoU on Saturday
14 October 08:13 PM DAFZA, ECA ink MoU to support investments
Dubai - Mubasher: Dubai Airport Free Zone (DAFZA) has signed a memorandum of understanding (MoU) with the Saudi Economic Cities Authority (ECA) to develop mutual investment opportunities. DAFZA and ECA will also work on attracting more foreign …
Egyptian Prime Minister Sherif Ismail
14 October 07:44 PM Egypt to finance GE railway deal with Kuwaiti grant
Cairo - Mubasher: The Egyptian Prime Minister, Sherif Ismail has approved allocating a KWD 21 million Kuwaiti grant to Egyptian National Railway to the finance the potential deal between the Ministry of Transportation and General Electric (GE). …