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01 March 06:50 PM

International Agreements

The project will be funded through loans from banks and the Industrial Development Fund.
25 February 09:42 AM MEPCO inks SAR 123m deal with Italy’s Toscotec for new production line
Riyadh – Mubasher: Middle East Paper Company (MEPCO) announced signing an engineering and supply agreement for tissue paper rolls production line with Italy’s Toscotec as part of the project to establish a factory for the production of raw tissue …
Companies Investments
(Photo Credit - https://ec.europa.eu/)
24 February 12:36 PM Egypt teams up with Norway’s Sterner to build aquaculture complex
Cairo – Mubasher: Chairman of Suez Canal Authority (SCA), Osama Rabie, witnessed the signing of the shareholders' agreement to activate the partnership between SCA's subsidiary, Canal Company for Ropes and Natural & Synthetic Fiber Products, and …
International Agreements
The contract’s value will depend on the value of the purchased products in 2021-2023.
22 February 04:32 PM Tihama’s unit extends exclusive distribution deal with Houghton Mifflin Harcourt
Riyadh – Mubasher: Tihama Distribution, a fully-owned subsidiary of Tihama Advertising and Public Relations Company, has extended its exclusive distribution agreement with the education technology company, Houghton Mifflin Harcourt (HMH). Tihama …
International Agreements
The deal was signed in Abu Dhabi on the sidelines of the International Defense Exhibition and Conference (IDEX).
22 February 09:49 AM SAMI, Lockheed Martin to form JV to enhance Saudi defence sector
Riyadh – Mubasher: The Saudi Arabian Military Industries (SAMI) and Lockheed Martin penned a strategic agreement to set up a joint venture (JV) to facilitate cooperation between the two companies in enhancing Saudi Arabia’s domestic defence and …
International Agreements
The service is expected to be launched during the third quarter of 2021.
21 February 04:44 PM MIS signs deal with InTouch Health to establish virtual clinics
Riyadh – Mubasher: Al Moammar Information Systems (MIS) has signed an agreement with InTouch Health Company, part of Teladoc Health, a global leader in communication medicine technologies used by the world's largest health service providers. The …
International Agreements
The partnerships will ensure a first-class customer experience via providing innovative digital payment solutions.
21 February 01:02 PM Tweeq inks partnership deals with Mastercard, Paymentology
Riyadh – Mubasher: Tweeq, a Saudi FinTech that aims to provide a feature-rich spending account for individuals and SMEs, on Sunday announced signing exclusive partnership agreements with Mastercard and Paymentology. The partnerships will ensure a …
Macroeconomics
Japan’s current cooperation portfolio in Egypt reached $2.71 billion
15 February 04:58 PM Egypt inks $240m agreement with Japan
Cairo – Mubasher: The Egyptian Minister of International Cooperation, Rania El-Mashat, and Minister of Finance, Mohamed Maait, signed an agreement with Japanese embassy and Japan International Cooperation Agency (JICA) to secure a loan worth JPY …
Macroeconomics
Ericsson Operations Engine will strengthen STC's network operations with the latest technology solutions.
11 February 12:48 PM Ericsson becomes STC’s managed services provider in Saudi Arabia
Riyadh – Mubasher: Saudi Telecom Company (stc) has selected Ericsson as its managed services provider in Saudi Arabia. Under the agreement, Ericsson Operations Engine will be deployed to strengthen STC's network operations with the latest …
International Agreements
The EBRD has invested more than EUR 4.4 billion in the country
10 February 05:31 PM Egypt inks deal with EBRD to build 10th of Ramadan Dry Port
Cairo – Mubasher: Egypt’s General Authority for Land and Dry Ports signed a grant agreement worth EUR 1 million with the European Bank for Reconstruction and Development (EBRD). The agreement includes the provision of consulting services for …
Macroeconomics
The new JV will facilitate the transfer of knowledge, technology, and production to Saudi Arabia.
10 February 03:05 PM SAMI announces operation of its new JV with L3Harris Technologies
Riyadh – Mubasher: The Saudi Arabian Military Industries (SAMI) has announced the operation of its new joint venture (JV) with L3Harris Technologies, one of North America’s largest aerospace and defence manufacturers. The step underlines SAMI’s …
Macroeconomics
(Photo Credit - https://constructionreviewonline.com/)
10 February 02:10 PM Metito awarded Jubail-II SWRO desalination plant project in KSA
Riyadh - Mubasher: Metito has been awarded the project for the design, engineering and procurement of the new 400,000m3/day Jubail II seawater reverse osmosis (SWRO) plant by SEPCO Electric Power Construction Corporation (SEPCO III). The Saline …
Macroeconomics
Nokia has been a managed services partner to Mobily for the past ten years.
10 February 10:44 AM Nokia, Mobily renew managed services partnership in Saudi Arabia
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) and Nokia have renewed their managed services partnership by inking a three-year agreement under which Nokia will manage and maintain the radio and transport network in Riyadh and other regions. …
Companies Investments
The agreements cover health, investment, environment, women empowerment, and transport sectors
9 February 06:00 PM Egypt’s House of Representatives approves $41m grant agreements
Cairo – Mubasher: Egypt’s House of Representatives approved five grant agreements worth $41 million with development partners, the Minister of International Cooperation, Rania El-Mashat, announced. The agreements cover several sectors such as …
Macroeconomics
Photo Archive
4 February 12:40 PM Egypt, Greece to cooperate in maritime transportation fields
Cairo – Mubasher: Chairman of Suez Canal Authority (SCA), Osama Rabie, witnessed the signing of a memorandum of understanding (MoU) with Greece’s Empire Chemical Tanker Holdings Inc. to support bilateral cooperation in the maritime transportation …
Macroeconomics
Riyadh City
3 February 03:50 PM 24 international firms pen agreements to set up regional offices in Riyadh
Riyadh – Mubasher: A total of 24 international companies signed agreements to establish main regional offices in Riyadh city, state-run Saudi Press Agency (SPA) reported on Wednesday. The signing ceremony was attended by the Saudi Minister of …
Macroeconomics
Photo Archive
28 January 02:05 PM Saudi NEOM in talks over cloud computing deal
Riyadh – Mubasher: Saudi Arabia's NEOM is in discussions with local and international companies to choose a lead partner for its first cloud computing deal that will lay the foundation for hi-tech services in its flagship $500 billion business …
International Agreements
During the MoU signing ceremony today
26 January 04:22 PM DirectFN to bring latest fintech-style technology across Uzbekistan
Riyadh – Mubasher: Uzbekistan’s Capital Markets Development Agency (CMDA) and DirectFN Ltd. penned a memorandum of understanding (MoU) to start a meaningful dialogue and cooperate on the possibility of launching the most-advanced fintech-style …
Macroeconomics
Minister of Social Solidarity, Nevine El-Kabbag
21 January 03:56 PM Egypt signs EUR 6m deal with EU to combat COVID-19
Cairo – Mubasher: Egypt’s Minister of Social Solidarity, Nevine El-Kabbag, witnessed the signing of an agreement with the European Union (EU) and the United Nations Development Programme (UNDP) to support the country’s COVID-19 response plan with …
International Agreements