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Egypt, Saudi

Egypt PM says Saudi's planned $5 billion investment independent of cenbank deposit

Egypt's Prime Minister Mostafa Madbouly said on Thursday that a planned Saudi Arabian investment of $5 billion in Egypt is independent of funds the Gulf state has deposited in the country's central bank,

Bloomberg L.P. · 3d

Egypt Says Saudi Arabia’s Wealth Fund Set to Invest $5 Billion

Egypt said Saudi Arabia’s crown prince has directed the kingdom’s sovereign wealth fund to invest an initial $5 billion in the North African country.

The National on MSN · 3d

Saudi wealth fund to invest $5bn in Egypt, cabinet says

Saudi Crown Prince Mohammed bin Salman has directed his country's sovereign wealth fund to invest $5 billion in Egypt, Cairo's cabinet announced on Monday. Egypt said the $5 billion injection would be the “first phase” of Saudi investments through its Public Investment Fund.

Reuters · 3d

Egyptian cabinet says Saudi Crown Prince told PIF to pump $5 bln into Egypt as 'first stage'

The Egyptian cabinet said in a statement on Monday that Saudi Crown Prince Mohammed bin Salman has directed the Saudi Public Investment Fund (PIF) to pump $5 billion worth of investment money into Egypt in what it called a "first stage".

Blinken, Egypt and Gaza

U.S. News & World Report · 1d

Egypt Won't Accept Security Changes on Gaza Border, Foreign Minister Says

"Egypt reiterates its position, it rejects any military presence along the opposite side of the border crossing and the aforementioned (Philadelphi) corridor," Egyptian Foreign Minister Badr Abdelatty told reporters during a press conference in Cairo with U.S. counterpart Antony Blinken.

Reuters · 1d

In Egypt, Blinken to discuss bilateral ties and Gaza ceasefire

U.S. Secretary of State Antony Blinken hopes to advance efforts to achieve a ceasefire in Gaza and strengthen ties with Egypt when he visits Cairo on Wednesday, his spokesman said, amid concern about escalating Middle East tensions.

The New York Times · 1d

Blinken Visits Egypt, but Skips a Stop in Israel

The secretary of state is making his 10th visit to the Middle East since the Oct. 7 attacks. Until now, he has met with officials in Israel each time.

7hon MSN

Sword with pharaoh’s mark found in Egypt, still shimmering 3,000 years later

The bronze sword was unearthed by archaeologists at an ancient fort in the Nile Delta. It was emblazoned with the signature ...

Egypt’s Gas Output to Return to Normal Levels Next Year, PM Says

Egypt’s natural gas production will return to normal levels by June 2025, the prime minister said, just as a recent output ...

9hon MSN

Egypt aims to restore normal output at gas fields by summer 2025

Egypt aims to restore normal production at its natural gas fields by next summer, Prime Minister Mostafa Madbouly said on ...

devdiscourse9h

Egypt Plans to Restore Normal Gas Production by Next Summer

Egypt aims to resume normal natural gas production by next summer, according to Prime Minister Mostafa Madbouly. The ...

Bird poop hid ancient paintings in Egypt temple — until now. See what’s been revealed

In ancient Egypt, paint was sourced from minerals, such as ocre, that were then ground into a powder, according to research ...

National Review1d

Egypt’s Self-Made Crisis

The Case for a Joint Harris-Trump Declaration — on Ukraine The Destruction of Greta Thunberg The High Stakes of Israel’s Looming War with Hezbollah By refusing to acknowledge Israel’s legitimate ...

devdiscourse10h

Sudanese Refugees Face Legal and Social Hurdles in Egypt

Sudanese refugees in Egypt are grappling with a new law requiring them to regularise their status by the end of September, ...

Bloomberg L.P.22h

Egypt Earmarks Red Sea Spots in Search of More Tourism Megadeals

Egypt’s government said it earmarked five areas on the Red Sea coastline to offer to investors for tourism development, ...

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