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Egypt starts repaying up to $1 5bn in oil company arrears, sources say

CAIRO: Egypt has started paying off dues owed to foreign oil and gas companies operating in the country, the government said on Tuesday, with sources saying that up to $1.5 billion had been set aside for the payments.  A cabinet statement said the payment process that had already begun accounted for about 20 percent of arrears owed to the companies,.

Saudi open-source government software to contribute $1 3bn to Kingdom s digital economy

RIYADH: Saudi Arabia’s open-source government software will contribute SR5 billion ($1.3 billion) to the Kingdom’s digital economy for the next four years to 2026, the Digital Government Authority’s governor said. Ahmed Mohammed Al Suwaiyan added the software will also create 2,000 job opportunities, according to the Saudi Press Agency. The open-source government software

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