RIYADH: Saudi Arabia’s sovereign wealth fund has climbed to fifth in a ranking of state-owned investment organizations, with its net assets reaching $861 billion, according to a new report. 

RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 12,555.72 points on Monday, losing 62.90 points or 0.50 percent.  

In addition to the effect on tourism, attacks on Red Sea shipping have jeopardised another of the main sources of hard currency for Egypt’s struggling economy – receipts from traffic through the Suez Canal

The value of Egyptian exports hit $3.48 billion last December, down by 23% YoY from $4.52 billion

The meeting came within the framework of the ministry’s plan to achieve green transition, reduce carbon emissions, access European markets, and scale exports up

The meeting focused on the economic and commercial relations between both countries, the investment climate, and opportunities in sectors like ICT, digitalization, cybersecurity, and communication technology