Egypt's pound maintains stability at 51.87 per dollar as flexible exchange rate policy and 53 billion dollar reserves protect the economy from crisis.
Brent Jumps as WTI Slides: Two Oil Tapes, One Iran Strike
Brent for July rose 2% to $98.26 a barrel in Asian trading on Tuesday, while West Texas Intermediate for the same month sat 5.1% lower...
SPICE Bets Diner Spending Becomes Saudi Restaurants’ New Collateral
Saudi Arabia's banks pushed SR467.7 billion ($124.7 billion) into small and medium businesses last year, a 33 percent jump that lifted SME credit to 11.5...
Saudi Premium Dining Outruns Bank Credit as POS Data Becomes the New Collateral
Credit to Saudi Arabia's small and medium-sized businesses jumped 33 percent last year to SR467.7 billion ($124.7 billion), according to figures cited by Arthur D....
Egypt’s Banks Race to Refill 26,000 ATMs as Eid Cash Demand Surges
Egyptian banks are racing to refill the country's 26,000 cash machines after the National Bank of Egypt alone saw customers pull nearly 9 billion Egyptian...
Saudi German Health Board Exits Put Shareholders in Focus
Saudi German Health board exits have turned a regulatory accounting case into a live governance test for one of the Kingdom's best-known private hospital operators....
Tel Aviv Stocks Rally with Insider Sales
The Tel Aviv Stock Exchange is seeing a major rally in early 2026, with insiders selling shares at high prices while big institutions keep buying...
Egypt Finds New Oil and Gas in Western Desert
Egypt has revealed fresh oil and gas discoveries at four exploration wells in the Western Desert, aiming to ramp up domestic production and reduce reliance...
Egypt and Germany Gear Up for Major Economic Talks
Egyptian officials met with German representatives to prepare for the seventh session of the Egyptian-German Joint Economic Committee. This key meeting, held in Cairo, focused...
Egypt and World Bank Plan Private Sector Boost
Egypt's government and the World Bank met in Cairo on January 11, 2026, to talk about growing investment guarantees that could pull in more private...
Egypt Fintech Valu Set to Launch in Jordan
Egyptian fintech giant Valu has gained final approval from the Central Bank of Jordan to start operations in the country. This move marks a big...
Jordan Free Zones Post 17% Trade Growth as Exports Surge in 2025
Jordan’s free and development zones recorded strong trade growth in 2025, with total trade volumes rising by 17 percent and international exports climbing 18 percent,...
Egypt EGX Ends Tuesday Trading Mixed as Blue Chips Slip
Egypt’s stock market closed Tuesday’s trading session on a mixed note, with losses in key benchmark indices offset by gains in Sharia compliant stocks, reflecting...
Egypt Debt Crisis Hits New High in 2025
Egypt's government faces a mounting debt crisis in 2025, with external debt reaching 161.2 billion US dollars by June. This surge stems from heavy borrowing...
Israel Approves Huge Gas Deal with Egypt
Israel has approved a massive natural gas export deal with Egypt worth about $35 billion, marking the largest energy agreement in the country's history. Announced...
Visa Launches New Hub to Boost Digital Payments in Gulf
Visa has created a new regional hub for Saudi Arabia, Bahrain, and Oman to speed up digital payments growth. This move, announced in December 2025,...