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Government to prosecute Hajj tourism companies after hundreds die in heatwave
“What happened to the Egyptian pilgrims this Hajj season must not be overlooked or lost in investigations,” said Amr Adib
US inflation slips in May, boosting hopes of more rate cuts this year despite policymakers signaling one rate cut
Plus: Is Saudi Arabia mulling changes to its capital markets tax regime?
Egypt was among Saudi Arabia’s top investors last quarter
Egypt along with the UAE and Singapore each closed three agreements in the Kingdom
Hassan Allam takes on Saudi coral preservation project PLUS: News from Petrojet, Post for Investment, Edita
The project is part of the Coral Restoration Initiative, launched by KAUST and Neom
Eva Pharma gears up to roll out veterinary vaccines from its new complex
The company has already invested EGP 980 mn on the first phase of the EGP 1.8 bn complex
PIF returns to market in first post-float investment, aims to take CIRA Education private in partnership with founders
CIRA will become PIF’s regional education champion, looking to grow in Egypt and beyond
Ajlan & Bros could invest USD 1.5 bn in tourism project in Ras Gamila
The Saudi company also eyes stakes in several state-owned companies offered in the privatization program
Elsewedy to break ground on its New October industrial park within weeks + ramp up Gulf expansions
The company’s upgrades to its Saudi factory are scheduled to wrap up by late 2024
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