Sisi Confident After Investment Summit; Now For The Hard Part

Egypt’s prime minister said investment deals worth a total of $36 billion were signed at the summit.

Sisi Says Egypt Needs $200-$300 Billion To Develop

Egypt, which has a population of about 90 million, has been hit hard by economic and political upheaval.

Egypt Signs MoUs With Arab Property Developers For $12.7bn In Projects – Minister

The housing ministry signed MoUs with Egypt’s Mountain View and Palm Hills, Saudi Arabia’s Sisban Holdings and a consortium of Arab firms.

After Saudi Feud, Sweden Debates A “Feminist” Global Role

Sweden cancelled a defence cooperation accord with Saudi Arabia last week over rights concerns.

UAE’s Majid Al Futtaim Says To Invest $590m More In Egypt

The new projects include development of four shopping malls and other facilities in greater Cairo, and the introduction of VOX cinemas over the next five years.

UAE’s Dana Gas To Invest $350m In Egypt

The investments include drilling nearly 40 new development wells, a similar number of workovers on existing wells, building new pipelines and debottlenecking an existing plant.

Goaded By Governments, Gulf Firms Prepare For Egypt Push

The international investment summit in Egypt is expected to see domestic and foreign investments worth up to $12 billion.

Hong Kong: Back In Business

Hong Kong will come back stronger from the pro-democracy protests that spooked investors in 2014, experts say.

With Help From His Allies, Syria’s Assad Looks Set To Stay

Syria’s civil war has no doubt left Assad weakened, but he is stronger than the groups fighting to topple him.

ISIL Says Australian Teenager Carries Out Suicide Attack In Iraq

The Australian government said it is verifying whether 18-year-old Melbourne teenager Jake Bilardi has been killed.

Houthi Leader Accuses Gulf States Of Backing Al Qaeda In Yemen

Abdel-Malek al-Houthi accused Gulf states of providing arms and funds to Al Qaeda in Yemen, helping them to flourish in the country.

Qatar Says To Begin Rebuilding 1,000 Homes In Gaza

Qatar had previously said that it would provide $1 billion in reconstruction assistance for Gaza.

Jordan’s King Abdullah Urges EU To Fight “Islamophobia”

The king said that European governments must promote “mutual respect” and an “inclusive society”.

Blocked Online, ISIL Supporters Launch CaliphateBook

The site 5elafabook.com, which resembled Facebook but appeared unfinished, went live on Sunday then went offline again a day later.

Human Rights Or Business? Saudi Defence Accord Sparks Storm In Sweden

Analysts say the Swedish government’s change of tack in foreign policy could jeopardise billions of dollars in sales, particularly for defence-related companies

Sidelined In Tikrit, U.S. Says War On ISIL Will Be Won

Washington has been training and equipping the Iraqi army to fight back the ISIL militants.

France Wants UN Security Council Meeting On Minorities In Middle East

Laurent Fabius said that he would chair the meeting which would discuss the problems of Christians and other minorities in the region.

Egypt’s Orascom Construction Shares Rise In NASDAQ Dubai Listing

Trading on the Cairo stock market is expected to begin on Wednesday, the company’s chief executive said.

Solar Impulse 2 Begins Round-The-World Flight From Abu Dhabi

The zero-fuel airplane is flying from the UAE capital to Oman in the first leg of its journey.

Badri: OPEC Shouldn’t Cut Output To “Subsidise” Shale

The OPEC secretary general also said that the oil market would return to balance in the second half of 2015.

UAE Airlines Suspend Flights To Erbil On Security Woes

Emirates, flydubai and Etihad Airways have suspended flights to Erbil as ISIL destroys ancient cities in Iraq’s north.

Snapchat Management Holds Talks With Saudi’s Prince Alwaleed

Prince Alwaleed has previously made investments in technology brands including Twitter and Chinese e-commerce firm JD.com.

Gunmen Kill More Than 12 ISIL Militants In Eastern Syria

There was no immediate claim of responsibility for the attacks.

GCC’s Rich Confident About Local Economies Despite Oil Price Fall

The Gulf’s wealthy prefer to invest in the region with 83 per cent of the high net worth individuals wanting to keep their assets closer to home, a survey said.

Egyptian Court Adjourns Trial Of Al Jazeera Journalists To March 19

A court last month released Mohamed Fahmy and Baher Mohamed on bail after over a year in detention.

Revealed: Gulf Expat Salaries Up Nearly 8%

Significant pay increases at C-level were among the factors driving overall salaries up over the last year, according to the Gulf Business 2015 Salary Survey.

Stock News: Gulf Markets Neutral To Negative After Oil’s Slide

Brent crude slid 1.2 per cent to $59.73 a barrel on Friday and posted its biggest weekly loss since January.

Almost 45% Of MENA Working Women Say Paid Less Than Male Peers

The majority of working women in the region (77 per cent) currently work for a male manager, finds new survey.

FIFA President Blatter Calls On Iran To Allow Women Into Stadiums

Iran is bidding against the UAE to host the 2019 Asian Cup and the ban on women is expected to damage their chances.

10 Foreigners Missing After Libya Oilfield Attack

Islamist militants attacked the Al-Ghani field last week, killing 11 guards.