Saudi Crown Prince Launches Ambitious Red Sea Tourism Project
Tuesday, 1st August 2017
Crown Prince Mohammed bin Salman announces the launch of an international tourism project in the Kingdom under the name of the Red Sea Project, which will be built in one of the world's most beautiful and diverse natural spots, Reuters reports.
Saudi Stalled Projects Expected to Decline 10% by Year-End
Thursday, 6th July 2017
The Saudi Ministry of Environment, Water and Agriculture is seeking to cut stalled projects to less than 10% by the end of 2017, Al-Eqtisadiah newspaper quoted the ministry’s undersecretary Mohammed Al-Mukli as saying.
Parliament Approves King Salman’s Sinai Development Program
Sunday, 5th June 2016
In a plenary session, the Egyptian parliament approved a report presented by the legislative and constitutional affairs committee on a Saudi-Egyptian loan for a development program of the Sinai Peninsula.
Egypt, Saudi Arabia Sign 222 B Investment Fund Pact
Tuesday, 12th April 2016
Egypt and Saudi Arabia signed EGP 222 billion ($25 billion) worth of agreements during Saudi King Salman bin Abdul Aziz Al-Saud’s visit to Cairo in April, Sahar Nasr, Minister of International Cooperation, told Daily News Egypt.