Business
Egypt, Stock Markets
Egyptian billionaire Nassef Sawiris buys a 5.84% share in Orascom Construction from his brother Naguib Sawiris for $8.9 million
Egyptian billionaire Nassef Sawiris buys a 5.84% share in Orascom Construction from his brother Naguib Sawiris for $8.9 million Egyptian billionaire Nassef…
Banking & Insurance, Finance, Riyadh, Saudi Arabia
Riyad Bank will increase its capital by issuing Sukuk
Riyad Bank will increase its capital by issuing Sukuk Riyad Bank has begun offering a Sukuk in riyals to raise its tier…
Banking & Insurance, Investment, Saudi Arabia, Stock Markets
Saudi Arabia’s PIF gets $7 billion through its first Murabaha loan to support medium-term funding
Saudi Arabia's PIF gets $7 billion through its first Murabaha loan to support medium-term funding Saudi Arabia's Public Investment Fund (PIF) has…
Business, Economy, Egypt, Food
Egypt’s food exports increase by 17% to $5.5 billion in the first 11 months of 2024
Egypt's food exports increase by 17% to $5.5 billion in the first 11 months of 2024 Egypt's food industry has seen a…
Abu Dhabi, Business, Investment, Saudi Arabia, UAE
Mubadala’s investments in 2024 rise to $29 billion, exceeding Saudi Arabia’s PIF
Mubadala's investments in 2024 rise to $29 billion, exceeding Saudi Arabia's PIF Abu Dhabi's Mubadala Investment Company invested much more in 2024,…
Dubai, Finance, Stock Markets
5 Largest IPOs in the MENA Region for 2024
5 Largest IPOs in the MENA Region for 2024 This year has been important for the MENA region, with several big IPOs…
Business, Economy, Kuwait, UAE
UAE and Kuwait to Start 15% Minimum Tax on Multinational Companies from January 1 as Part of Diversification Plans
UAE and Kuwait to Start 15% Minimum Tax on Multinational Companies from January 1 as Part of Diversification Plans Starting January 1,…
Banking & Insurance, Egypt, Finance, Stock Markets
Bedaya Mortgage Finance has issued securitized bonds worth $35 million with advice from EFG Hermes
Bedaya Mortgage Finance has issued securitized bonds worth $35 million with advice from EFG Hermes Bedaya Mortgage Finance, a company owned by…
Abu Dhabi, Finance
ADFD gives an extra $40 million loan to help finish Velana International Airport in the Maldives
ADFD gives an extra $40 million loan to help finish Velana International Airport in the Maldives The Abu Dhabi Fund for Development…
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