Egypt Keeps Rates on Hold After Inflation Shows Signs of Slowing
Egypt kept interest rates unchanged amid signs of softening inflationary pressures, likely refraining from further monetary tightening until
2023-09-22 14:16
Signs of Egypt’s Inflation Slowing Point to Rate Hold
Signs that record Egyptian inflation is finally starting to slow may prompt the central bank to keep interest
2023-09-21 13:51
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:57
Dubai’s Shuaa Bolsters Investment Bank With Credit Suisse Hires
Dubai-based Shuaa Capital PSC is looking to rebuild its investment banking franchise by bringing in former Credit Suisse
2023-07-06 16:59
Mubadala-Backed UAE Lender Bulks Up With Ex-Citi, Natixis Hires
Abu Dhabi Commercial Bank PJSC has hired former Citigroup Inc. and Natixis SA bankers to key positions in
2023-07-03 17:21
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:23
UAE Lenders Fill Turkey Financing Void Left by Global Banks
United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left by Western lenders
2023-06-15 19:18
Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash
What comes first, another currency devaluation or a wave of Gulf investment? Cash-strapped Egypt is racing to resolve
2023-05-23 15:19
Adnoc Unit’s $607 Million Abu Dhabi IPO Sells Out in Minutes
The initial public offering of Adnoc Logistics & Services got enough orders to cover all shares within minutes,
2023-05-16 13:20
Abu Dhabi Family Plans Middle East’s Second SPAC Listing
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in
2023-05-11 13:26