Egypt Signs $1 Bln Deal with China’s Sailun Group for Tire Factory
Egypt has signed a deal with China’s Sailun Group to build an automotive tire factory in the Suez Canal Economic Zone, with total investments of…
Tag: Investment
Saudi Arabia Boosts Foreign Investment Inflows Surge 44%
Saudi Arabia is advancing rapidly toward its Vision 2030 goals, recording a notable surge in foreign direct investment (FDI) during the first quarter of this…
Egypt courts Chinese investment in sectors amid economic reform
Egypt seeks to deepen economic ties with China as it pushes for foreign investment to support a broad programme of structural reforms and infrastructure upgrades.…
Pakistan, China Agree to Deepen Trade, Maintain Close Communication
Pakistan said on Wednesday it had agreed to deepen trade and investment with China, days after the end of a deadly conflict with India that…
Oman Investment Authority Achieves 21% Growth in Asset Value
Oman Investment Authority (OIA) has revealed that its “National Development Portfolio” has achieved several objectives aligned with “Oman Vision 2040” since its establishment in 2021.…
Egypt focuses Investment on infrastructure, private sector growth
Minister of Investment and Foreign Trade Hassan al-Khatib said the world is undergoing fundamental economic changes, with globalization declining and protectionist trade policies increasing. He…
Abu Dhabi’s MGX makes record $2bn investment in Binance
Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates state-owned investment firm MGX for $2 billion.…
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors after negotiations in Abu Dhabi…
Qatar to invest $5 billion in Iraq over coming years
DUBAI – Qatar intends to invest $5 billion in a number of sectors in Iraq over the coming years, the state news agency quoted Qatar’s…
Chinese investors travel to Riyadh conference seeking new markets, capital
HONG KONG/RIYADH Chinese entrepreneurs and investors are travelling to Riyadh this week to attend a business conference, which will bring together business and government leaders…