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Photo Credit: Arabianeye-Reuters
20 May 06:01 PM KSA, USA sign $280bn deals during Trump’s visit to Riyadh
Riyadh - Mubasher: The summit between King Salman of Saudi Arabia and the President of the United States Donald Trump saw the signing of a strategic partnership, as well as $280 billion (SAR 1.05 trillion) worth of business agreements. King Salman …
Photo Credit: Press Release
20 May 02:57 PM Egyptian new refinery to begin production in 2018
Cairo - Mubasher: The Egyptian minister of petroleum and mineral resources said that the Egyptian Refining Company’s (ERC) project is expected to be begin operating by the end of 2017. The minister added on the sidelines of his visit to the Cairo …
Photo Credit: Press Release
20 May 09:47 AM Egypt, ICD ink MoU to support investments
Riyadh - Mubasher: The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IDB), has signed a memorandum of understanding with the Egyptian Ministry of Investment and International …
Egypt's investment and international cooperation minister Sahar Nasr (Photo credit: Arabianeye-Reuters)
19 May 08:52 PM IDB mulls $3bn loan to Egypt
Cairo – Mubasher: The Islamic Development Bank (IDB) is considering a new cooperation with the Egyptian government at a total value of $3 billion between 2017 and 2019, the bank's governor Bandar Al Hajjar said. Speaking at a meeting with Egypt's …
SoftBank Group CEO Masayoshi Son (Photo credit: Arabianeye-Reuters)
19 May 06:16 PM Japan's richest man to close largest private equity fund in KSA
Riyadh – Mubasher: Masayoshi Son, head of Japan's SoftBank Group Corp and the richest man in the country, is planning to visit Saudi Arabia this weekend alongside US president Donald Trump. Trump will be making his first overseas trip since taking …
(Photo credit: Statement)
19 May 04:52 PM Saudi investors to raise investments in Egypt to $51bn
Cairo – Mubasher: The Egyptian-Saudi Businessmen Council is planning to raise the ceiling for investments in Egypt from both the public and private sectors in the Kingdom. The ceiling will be raised to $51 billion, the council said in a statement …
(Photo Credit: Arabianeye-Reuters)
17 May 12:13 PM Aramco to ink 10 deals with US firms – Agency
Riyadh – Mubasher: Saudi Aramco intends to sign around ten energy agreements during US President Donald Trump’s visit to Saudi Arabia, sources told Bloomberg. The agency noted that the most prominent companies with which Aramco may enter into …
The new modifications will be applied on the indices starting June - (Photo Credit: Arabianeye-Reuters)
16 May 04:24 PM Three Saudi stocks join MSCI EM Index
Riyadh – Mubasher: The MSCI Emerging Markets (EM) Index’s semi‐annual review added three Saudi companies to the small- and medium-sized companies index, namely Al Rajhi, Al Yamamah Steel Industries Co, and Alujain Corp, while removing Abdullah Al …
(Photo Credit: Arabianeye-Reuters)
5 March 06:12 PM Saudi German Hospitals to manage 6 hospitals in UAE, Pakistan
Riyadh – Mubasher: Middle East Healthcare Co (MEAHCO), known as the Saudi German Hospital (SGH), on Sunday said its board approved signing several management supervision agreements with Bait Al Batterjee Medical Company, the majority shareholder …