Sunday, September 6, 2026

EGX Hits Record as Domestic Liquidity Deepens Amid Foreign Portfolio Volatility

Egyptian stocks ended the week at a record high, with the EGX30 breaking through 56,000 even as foreign portfolio...

Al Rajhi Secures 9/11 Dismissal After Years-Long US Legal Battle

Saudi Arabia’s Al Rajhi Bank has won dismissal of a long-running US lawsuit linked to the September 11 attacks,...

Uber Streamlines Global Operations as $15bn Delivery Hero Deal Advances

Uber is cutting 3,300 jobs and consolidating its delivery operations as its $14.8bn takeover of Delivery Hero advances, positioning...

Gulf Investors Build Sectoral Clusters Across Syria’s Reconstruction

UAE capital is clustering around ports and urban development, Saudi investment across transport, technology, telecoms and finance, while Qatar...

MTN Eyes Africa’s $331bn SME Funding Gap as It Weighs Banking Licences

Africa’s largest telecoms operator is exploring banking licences in selected markets as it seeks to deepen lending through MoMo...

Kuwait Turns to Future Wealth as Hormuz Tests Treasury Liquidity

The Strait’s disruption has intensified pressure on Kuwait’s Treasury, but recurring deficits and repeated efforts to expand financing capacity...

Egypt–Turkey Defence Reset Shifts from Exercises to Joint Production

Egypt and Turkey are pushing their rapidly rebuilt defence relationship towards joint manufacturing, with a new agreement covering co-production...

Egypt Is Building a Second Digital Corridor Through Sinai

Telecom Egypt’s 5-Pbps Sharm El-Sheikh–Taba cable is turning Sinai into an eastern gateway linking Gulf and Levant networks to...

1 GW Ras Shokeir Deal Deepens Egypt’s Gulf of Suez Wind Push

Infinity Power and Hassan Allam Utilities have signed a power purchase agreement with the Egyptian Electricity Transmission Company for...

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Top 10 This Week

From Compute to Capital: LEAP 2026 Builds the Architecture of Saudi Arabia’s AI Economy

Saudi Arabia’s flagship technology gathering has produced billions of dollars of new investment announcements, but the more consequential development lies beneath the totals: Riyadh...

Telecom Egypt Adds Sinai Route to Its Global Data-Corridor Network

Telecom Egypt has signed an agreement with Greek marine-engineering group Power Sub Link S.A. to build a high-capacity subsea cable between Sharm El-Sheikh and...

EGX Defies Regional Pressure as Market Resilience Faces a New Test

Egyptian stocks extended their rebound on Wednesday, pushing the EGX30 towards record territory despite heightened regional risk and a weakening pound. The performance offers...

Top 10 This Month

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Saudi Arabia Approves Rules for Foreign Property Ownership

Saudi Arabia has completed the regulatory framework for foreign ownership of real estate after the Council of Ministers approved...

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MTN Eyes Africa’s $331bn SME Funding Gap as It Weighs Banking Licences

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Egypt Plans Africa Investment Platform to Expand Corporate Reach

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How MENA Can Turn Trade Corridors Into the Industrial Platform Connecting Global Blocs

China’s tighter control over strategic minerals, Washington’s push to...

Vitol, Tanzania and Uganda Plan Tanga Energy Hub as East Africa Diversifies Fuel Routes

Tanzania and Uganda have signed a preliminary agreement with...

Africa’s Cybercrime Losses Rise 152% as AI Expands Criminal Reach

INTERPOL's African Cyberthreat Assessment Report 2026 says artificial intelligence...