News

Egypt Will Offer $2 Billion in Islamic Bonds This Year, Says Finance Ministry
Banking & Insurance, Economy, Egypt, Finance
Egypt Will Offer $2 Billion in Islamic Bonds This Year, Says Finance Ministry

Egypt Will Offer $2 Billion in Islamic Bonds This Year, Says Finance Ministry Egypt is running low on foreign currency and plans…

Egypt Will Sell Shares of Army-Linked Companies Through Its National Investment Fund
Economy, Egypt, Investment
Egypt Will Sell Shares of Army-Linked Companies Through Its National Investment Fund

Egypt Will Sell Shares of Army-Linked Companies Through Its National Investment Fund Egypt plans to sell parts of some military-owned companies through…

Egypt Makes $7.7 Billion Green Hydrogen Deal With France During President Macron’s Visit
Egypt, Energy
Egypt Makes $7.7 Billion Green Hydrogen Deal With France During President Macron’s Visit

Egypt Makes $7.7 Billion Green Hydrogen Deal With France During President Macron's Visit Egypt and France have agreed to work together on…

UAE Economy Grows by 3.9% in 2024, Supported by Strong Oil and Non-Oil Sectors
Banking & Insurance, Economy, UAE
UAE Economy Grows by 3.9% in 2024, Supported by Strong Oil and Non-Oil Sectors

UAE Economy Grows by 3.9% in 2024, Supported by Strong Oil and Non-Oil Sectors The UAE's economy grew by 3.9% in 2024,…

Sohar Bank in Oman Plans to Explore Merger with Ahli Bank, Could Create a $29 Billion Company
Banking & Insurance, Oman
Sohar Bank in Oman Plans to Explore Merger with Ahli Bank, Could Create a $29 Billion Company

Sohar Bank in Oman Plans to Explore Merger with Ahli Bank, Could Create a $29 Billion Company Sohar International Bank in Oman…

Fitch says UAE’s bond and sukuk sales grew by 8.3% to $309.4 billion in the first quarter of 2025
Stock Markets, UAE
Fitch says UAE’s bond and sukuk sales grew by 8.3% to $309.4 billion in the first quarter of 2025

Fitch says UAE's bond and sukuk sales grew by 8.3% to $309.4 billion in the first quarter of 2025 Bond and sukuk…

EFG Holding’s Bank NXT made $35 million in profit in 2024, a 54% increase, thanks to more loans and deposits
Banking & Insurance, Egypt
EFG Holding’s Bank NXT made $35 million in profit in 2024, a 54% increase, thanks to more loans and deposits

EFG Holding's Bank NXT made $35 million in profit in 2024, a 54% increase, thanks to more loans and deposits Bank NXT,…

Arab Markets Fall as US Tariffs Affect Global Stocks
Kuwait, Qatar, Saudi Arabia, Stock Markets
Arab Markets Fall as US Tariffs Affect Global Stocks

Arab Markets Fall as US Tariffs Affect Global Stocks Arab stock markets went down on Sunday as they started reacting to the…

UAE-Saudi Trade Relations: New Agreements Signed
Business, Saudi Arabia, UAE
UAE-Saudi Trade Relations: New Agreements Signed

UAE-Saudi Trade Relations: New Agreements Signed In recent years, Gulf economies have made significant strides toward reducing their dependence on oil revenues.…

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