Egypt's gold investment funds grew to 306,500 investors and EGP 9.2 billion in June, even as the metal's local price fell, FRA data shows.
Arab Investors Absorb Egypt’s Entire Sell-Off as EGX30 Slips 0.59%
Egypt's EGX30 fell 0.59% to 52,299.31 points Tuesday, but Arab investors bought almost exactly what Egyptian and foreign traders sold.
Egypt’s Gold and Silver Funds Add 40,000 Clients as Gold Assets Barely Move
Egypt's FRA reports 329,000 gold and silver fund investors in June, but gold funds' own net assets slipped as new sign-ups slowed sharply from Q1.
DaftarPay Becomes Saudi Arabia’s 76th SAMA-Licensed Finance Firm
DaftarPay became SAMA's 76th licensed finance company in Saudi Arabia after this week's BNPL approval, days after Tabby received consumer and SME licences.
Amman Stock Exchange Index Climbs 0.59% to 3,881 Points
Amman Stock Exchange general index gained 0.59% to 3,881 points on Tuesday, with the industrial sector up 1.66% and 39 of 99 traded firms advancing.
Dubai Firms Report Saudi UAE Bank Transfer Delays Since May
Dubai firms describe Saudi UAE bank transfer delays that began mid-May; some blocked or held about a week. Central banks deny targeting one country.
Saudi Arabia’s Property Tax Now Adds a 2% Fee on Non-Saudi Buyers
Saudi Arabia's REGA confirms the 5% property tax plus a 2% surcharge for non-Saudi buyers in four cities. Makkah and Madinah are restricted to Muslims.
Sierra Nevada Gold Confirms Copper at As Safra With Maiden Holes
Sierra Nevada Gold (ASX:SNX) drilled high-grade copper at Saudi Arabia's As Safra project across 4 holes, with 5.5km of corridor still to test.
Saudi Arabia’s Q1 2026 FDI Rose 2.4% as Real Estate Slid 1.6%
Saudi Arabia's Q1 2026 data: FDI inflows rose 2.4% to SR26.6 billion, net FDI fell 2.4%, and real estate prices slipped 1.6% on a 3.6%...
Saudi Arabia Attracts $5.3 Billion in Foreign Private Capital in 2025
SAR 20 billion ($5.3 billion) in foreign private capital entered Saudi markets in 2025, about 60% of total. Foreign investor numbers grew fivefold since 2019.
Saudi Private Markets Drew SAR 20 Billion in Foreign Capital in 2025
Saudi private markets drew SAR 20 billion ($5.3 billion) in foreign capital in 2025, the SVC report shows. Foreign investors rose to 148, up from...
Egypt’s $1.6 Billion IMF Deal Ties Funds to Faster State Selloff
Egypt's $1.6B IMF staff-level deal unlocks the seventh EFF review, but ties the payout to fuel hikes, 15.8% inflation and a faster state-asset selloff.
Goldman Sachs Calls Egyptian Pound 13-15% Undervalued, Sets EGP 43 Target
Goldman Sachs values the Egyptian pound at EGP 43/USD, calling it 13-15% undervalued, with a path to EGP 46 over 12 months if foreign capital...
Egypt to Get $1.6 Billion IMF Tranche After Seventh Review
Egypt is set to receive about $1.6 billion from the IMF after the seventh EFF review meets benchmarks set when the program doubled in size...
Egypt’s EGX Lists Four State Firms in Privatization Push
Egypt's EGX held a Sunday ceremony for the temporary listing of four state-owned companies, the latest step in a 30-company IMF-linked privatization program.
EBRD’s $170 million Loan for Nefer Minya Solar-Plus-Storage
EBRD plans up to $170 million senior debt for Nefer Minya, a 1.2 GWp solar and 600 MWh storage project in Egypt, pending board approval...