Egypt, Saudi Arabia set to launch joint initiative to localize medical supplies production
Saudi Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid bin Saleh Al-Mudaifer visited the Wadi El-Nile Stio plant for hemodialysis filter and dialyzer manufacturing in Cairo as part of his official trip to Egypt. During the tour,
Egypt businesses eye increased trade, investment with Saudi Arabia: HSBC report
New HSBC research shows Egyptian businesses are turning to Saudi Arabia as their next growth priority; almost 90% set to significantly increase trade in the next 5 years. According to a new HSBC report, Egyptian business leaders plan to rapidly
Magna AI, TechnoVal form $300m alliance to drive AI-powered industrial transformation in MENA
Magna AI and TechnoVal have announced a strategic alliance worth $300m aimed at accelerating AI-driven industrial and digital transformation across the Middle East and Africa. The announcement was made during GITEX Global 2025, one of the world’s largest technology exhibitions.
Egypt’s Emdad, Saudi Arabia’s EMC launch joint industrial partnership
During the Third Saudi International Iron and Steel Conference 2025, Emdad Industries—the industrial arm of Egypt’s El Tholathia Group—announced the signing of a strategic partnership with Saudi Arabia’s EMC Company to channel joint investments in the fields of industry and
Madbouly urges completion of Egypt-Saudi power link’s second phase by April 2026
Egyptian Prime Minister Mostafa Madbouly on Tuesday urged that the second phase of the Egypt-Saudi Arabia electricity interconnection project be completed so that both phases are ready for operation by April 2026. His comments came during a field visit to
TMG, Alameda partner on healthcare projects in Egypt and Saudi Arabia
Talaat Moustafa Group (TMG) has partnered with Alameda Healthcare Group to develop and manage high-quality medical and healthcare projects in Egypt and Saudi Arabia. Under the agreement, Alameda will manage and operate a new hospital in TMG’s Madinaty project in
Egypt calls for political solution to Russia-Ukraine War
Egypt has affirmed the importance of political solutions to international crises, with particular emphasis on the Russia-Ukraine war. Egypt has been following with interest the consultations that took place in Saudi Arabia aimed at reaching understandings to end the conflict.
Housing Ministry to facilitate real estate funds in Egypt to attract foreign investment
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny stated that the ministry is continuously working to develop the real estate sector to drive economic growth and provide suitable housing opportunities for citizens. This effort includes future strategies to enhance
Egypt’s Health Minister explores investment opportunities with San Donato delegation
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with Kamal El-Gheribi, Chairperson of GKSD Holding for Investment and Chairperson of the Italian San Donato Hospital Group, along with an accompanying delegation, to discuss potential
Madbouly, Saudi Energy Minister discuss strengthening joint investments
Egyptian Prime Minister Mostafa Madbouly met with Saudi Energy Minister Prince Abdulaziz Bin Salman Bin Abdulaziz Al Saud and his delegation on Monday at Al Manara International Conferences Center. The meeting took place on the sidelines of the 8th Egypt