Author: Steven Sahiounie

King Abdullah II bin Al-Hussein of Jordan and Egypt’s President Abdel Fattah El-Sisi reiterated on Monday that reaching a just and comprehensive solution to the Palestinian cause was the only way to restore security and peace in the region. The two leaders explored the situation during a phone call when they discussed efforts to renew calm in the Gaza Strip and ensure access to urgently needed humanitarian aid. They also warned against the gravity of persistent military escalation. Egypt has condemned — in the strongest terms — Sunday’s terrorist attack on a Jordanian site near the border with Syria. Three…

Egypt’s Foreign Minister Sameh Shoukry has stressed the importance of international parties fulfilling their obligations to implement a UN resolution calling for more humanitarian aid for Gaza. He was speaking during a telephone call with Sigrid Kaag, the UN’s senior humanitarian and reconstruction coordinator for Gaza. According to Foreign Ministry spokesperson Ahmed Abu Zaid, Shoukry and Kaag exchanged views on how best to implement the mechanism established by UN Security Council Resolution 2720. They agreed on the importance of increasing aid to Gaza in a timely and effective manner and stressed the need to provide financial and political support to…

ROME: Saudi Energy Minister Prince Abdulaziz bin Salman on Monday stressed the need for joint efforts to ensure the stability of the oil market saying it is “not the responsibility of Saudi Arabia alone.”

The Arab world topped the list of receivers of Egyptian food exports from January to December

The Qatari index slumped 1.9%, extending its three-session losing streak, with almost all stocks in negative territory

RIYADH: Saudi Arabia’s sukuk and bond issuances rose 2.8 percent year on year in value by the end of the final quarter of 2023, reaching about SR758.8 billion ($202.34 billion), data issued by the Saudi Exchange showed.

The Minister stated that these issuances contribute to diversifying the debt portfolio to include different markets and currencies

Meanwhile, revenues slipped 2% to EGP 6.871 billion from EGP 7.025 billion

Madbouly noted that the country is keen on encouraging the private sector to promote its participation in different development and services projects

The survey had 1,200 respondents and a margin of error of plus/minus 2.8 percent for national percentages