Egypt lauds Saudi Arabia, UAE for unconditional support in face economic hardship

Egyptian President Abdelfattah al-Sisi Monday praised Saudi Arabia and the UAE for supporting the Arab African country economically as it faces an acute economic hardship compounded by the Russia-Ukraine crisis, Middle East Monitor (MEMO) reports. “Saudi Arabia and the UAE Read more

Turkey’s first nuclear plant project takes hit as result of Russian sanctions

Turkey’s $20-billion plant project, the first ever by the country, is being threatened as Western sanctions heap up on Russia over its invasion of Ukraine. Operations of the first reactor of the Akkuyu Nuclear Power Plant, located on the Mediterranean Read more

India keeps Egypt on shortlist of countries for wheat export after heat wave impact

India has exempted Egypt from its ban on wheat exports after heat waves dealt a blow to the crop’s production, reports say. Egyptian Minister of Agriculture Al-Sayed El-Quseir reportedly Sunday told Bloomberg Agency that India’s decision of last week will Read more

Egypt targets Latin America, Asia tourism markets

Egypt is planning to go after the Latin America and Asia tourism markets, the Arab republic’s Deputy Tourism Minister has told Bloomberg in an interview, Arab Finance reports. Ghada Shalaby told US media that the plan comes as an attempt Read more

Saudi Arabia sends humanitarian aid worth $10m to Ukrainian refugees

Saudi monarch King Salman has instructed Saudi Arabia’s humanitarian charity to provide urgent medical and shelter aid worth $10 million to Ukrainian refugees who have fled to neighboring countries, mainly Poland, Arab News reports. “King Salman directs KSrelief to provide Read more

Saudi Arabia proposes to mediate between Russia & Ukraine

Saudi Arabia’s Minister of Foreign Affairs Prince Faisal bin Farhan revealed Monday the kingdom’s plan to mediate between Russia and Ukraine caught in a conflict after Russian President launched last month a military invasion to denazify the former soviet country. Read more