Tag Archives: Saudi Arabia

#Egypt sees 22% year on year drop in April tourist numbers

Cairo – Egypt saw a 22 % drop in tourist numbers in April 2014 compared to the same month of last year, according to a recent report issued by the tourism ministry. A total of 859,889 foreign tourists came to Egypt … Continue reading

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UAE to continue political, economic support to #Egypt after poll – report

CAIRO, May 24 (Reuters) – The United Arab Emirates will continue its political and economic support for Egypt after a presidential election next week that is expected to be won by former army chief Abdel Fattah al-Sisi, Egypt‘s state news agency reported on … Continue reading

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#Egypt plans new stimulus package in early 2014

Egypt plans a second stimulus package worth billions of dollars early next year, its trade and industry minister said, as the government works to give people jobs and put money in their pockets during a tough political transition. The package … Continue reading

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#Egypt hopes to tie oil payments to production increases

Egypt wants to encourage foreign oil companies in the country to increase exploration and production in exchange for a more rapid repayment of $6 billion it owes them, its finance minister said on Sunday. The government also plans to repay … Continue reading

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Egyptian-Saudi MoU in electronic signature

Communication Minister Atef Helmi arrived to Saudi Arabia on Sunday 8/9/2013 to meet with his Saudi counterpart Mohamed Gmail Ahmed. The two ministers discussed the ways and means of boosting cooperation and partnership in the communication sector. The two ministers … Continue reading

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#Saudi_Arabia studies report on #Egypt’s financial needs

Saudi Arabia is studying a report submitted by Egypt detailing its financial needs to support its ailing economy over the coming year, the kingdom’s ambassador to Cairo said on Thursday. Saudi Arabia pledged $5 billion in aid soon after the … Continue reading

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#Saudi #UAE Support #Egypt in All Cases and At All Times

The Presidency witnessed on Sunday 1/9/2013 intensive political and diplomatic activity aiming at supporting Egypt in different economic and investment domains, boosting bilateral cooperation with friendly and sisterly countries and Arab and African institutions. Interim President Counselor Adly Mansour received … Continue reading

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