Category: Finance

Saudi Arabia's Minister of Investment, Khalid Al-Falih, has signed a major memorandum of understanding with Hong Kong's Belt and Road Office to boost economic ties...

Egypt's food industry has set a new record with exports totaling $4.03 billion in the first half of 2025, marking a strong growth compared to...

Jordan's exports to Greater Arab Free Trade Area countries climbed 16.9 percent in the first half of 2025, hitting 1.851 billion Jordanian dinars, up from...

Saudi Arabia's housing ministry has rolled out new land tax zones in Riyadh to tackle undeveloped land and stabilize the real estate market. Announced on...

Egypt has announced a fresh oil and gas discovery in its Western Desert, boosting the nation's push for more homegrown energy. The find comes from...

Saudi Arabia's real estate market is surging in 2025, with home sales reaching new highs even before a major law allows foreign buyers starting January...

Norway's massive sovereign wealth fund, worth about $2 trillion, announced on August 26, 2025, that it has sold off shares in U.S. company Caterpillar and...

Egypt has successfully passed its fourth review under the $8 billion loan agreement with the International Monetary Fund, unlocking a fresh $1.2 billion disbursement. This...

Al Ahli Bank of Kuwait Egypt, known as ABK Egypt, has renewed its bancassurance partnership with MetLife Egypt for another seven years. This move extends...

The U.S. dollar and euro climbed higher against the Egyptian pound in Wednesday's late trading at major banks in Egypt. This midweek surge, seen on...

The Middle East construction sector faces a notable slowdown in 2025, with contract awards dropping 39 percent in the Gulf Cooperation Council during the first...

The Middle East construction sector faces a notable slowdown in 2025, with contract awards in the Gulf Cooperation Council dropping 39 percent in the first...

Saudi Arabia's low-cost airline flynas has made history with its $1.1 billion initial public offering, becoming the first carrier to list on the kingdom's stock...

Egypt has extended its natural gas import agreement with Israel's NewMed Energy, boosting supplies from the Leviathan field until 2040 in a $35 billion deal....

Egyptian Prime Minister Mostafa Madbouly strongly defended the government's strategy to partner with private investors on unused state-owned lands during a cabinet meeting on August...

The region’s rapid tech upgrades are sparking a flurry of partnerships and investments, with biometrics and soft tokens taking center stage. As the Middle East...