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1.1bn oil barrels of reserve for the “9” zone in Basra
Could policies towards the Brotherhood affect the strategic alliance?
Kuwaiti Minister of Finance Anas Khalid Al-Saleh said that he received orders from the Emir of Kuwait, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, to immediately begin depositing $2bn at the Central Bank of Egypt (CBE). On the first day of the Economic Summit in Sharm El-Sheikh, the Emir announced that Kuwait will provide an aid package …
Overview of Gulf aid to Egypt in the new era
In an interview with Daily News Egypt, the Jordanian writer gave profound analysis for the book market in his homeland Jordan, revealing some secrets about his upcoming literary works.
Saudi Crown Prince Muqrin bin Abdullah and Saudi finance minister will attend the summit
Campaign will be launched by specialised company, expected to continue for three months, says Tourism Minister
They accuse the government of evicting families and making international deals that harm local business
Projects are being studied and funded within the partnership, some might be established in Suez Canal, says ECHEM head
‘Egypt’s military to stay out of conflict unless Bab El-Mandab straight threatens Suez Canal navigation’, say experts
Egyptian authorities reject alleged leaks against GCC countries
Despite publically strong ties with GCC, speakers in the leaks argue relations should be based on self-interest
Kuwait visit to agree on investment cooperation and consultation speeding up dispute settlement disputes regarding Kuwaiti investors, said Al-Qaweesh
Preliminary conference to be held in last week of February for two days in Kuwait to discuss and present investment opportunities in Egypt
Visit is expected to discuss potential collaboration between the two countries
By Masood Ahmed Iraq is facing a “double shock” from the self-proclaimed Islamic State of Iraq and Syria (ISIS) insurgency and the global plunge in oil prices. While the new government led by Prime Minister Haidar Al- Abadi was formed with the express objective of dealing with the insurgency and addressing the humanitarian disaster it …
President Abdel Fattah Al-Sisi will make his first visit to Kuwait on Monday to meet with Kuwaiti Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to discuss bilateral cooperation and issues of mutual interest. State-owned news agency MENA reported that the invitation came from the Kuwaiti Emir himself. The president will meet with a group of Kuwaiti …
Strong economic ties between Egypt and GCC cannot solve post-25 January investment disputes, but current regime takes action
50% decline in costs of Gulf oil aid to Egypt due to sharp decline in world oil prices
Diplomatic reconciliation between Qatar and Egypt resulted from Saudi and US pressure: analysts
Front aims to prevent “non-expert” and “unqualified” opinions from infiltrating religious discourse
The two foreign ministers discussed Arab harmony and regional development in detail
Egypt is the tenth largest natural stone quarry producer in the world and the second largest exporter of marble blocks
Decline mainly due to the repayment of accrued deposits to Qatar, claims economist
By Khaled Okasha At the end of last week, a statement was issued by the King of Saudi Arabia announcing the Riyadh supplementary agreement, whose goal is to clear the air in the Gulf. He hoped that moving forward with the agreement would bring about cooperation, free of past disagreements. Just one day before this, …
EFG-Hermes Chairperson Mona Zulfikar said her company seeks, through scientific and field studies, to develop the neediest areas in Egypt by combating poverty, developing health care, education, housing, water, and sanitation.
By James M. Dorsey Wealthy Gulf states have invited Jordan and Morocco to compete in future Gulf Cups as part of a bid to strengthen their fragile six-nation Gulf Cooperation Council (GCC) at a time that they have at best papered over deep rifts within the group. The invitation follows an earlier stalled attempt to …
Saudi monarch says agreement with Qatar included “support for Egypt”
Kuwait beat Iraq with a goal in the 90th minute, while Saudi Arabia beat Bahrain with a clean score of 3-0 in the second round.
Dispute frustrates efforts to revive confidence in the economy, says lawyer Hany Sarie-Eldin