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MENA News
Sisi: Egypt to ratify D-8 Preferential Trade Agreement
President Abdel Fattah El-Sisi announced on Thursday Egypt’s plans to ratify the Preferential Trade Agreement (PTA)…
Saudi Global Ports eyes $1b IPO in Riyadh
Saudi Arabia's Public Investment Fund (PIF)-backed Saudi Global Ports Co. is planning an initial public offering…
Fitch: Credit growth strengthens Qatari banks in 9M ’24
Fitch Ratings expects in its latest report on Wednesday that the Qatari banking sector would maintain its…
Fitch upgrades Oman’s outlook to positive, affirms ‘BB+’ rating
Fitch Ratings has revised Oman's Outlook to Positive from Stable and affirmed its Long-Term Foreign-Currency Issuer…
Libya’s economy set to stabilise – World Bank
Libya’s economy is set to stabilise following an agreement that resolved the leadership crisis at the Central Bank…
Morocco’s c. bank cuts rates to 2.5%
Morocco's central bank (Bank Al-Maghrib) has reduced its key rate by 25 basis points to 2.5 per cent, following its…
Syria’s FX reserves plunge to critical levels
Syria's foreign currency reserves have fallen to very low levels, with the central bank's dollar reserves estimated…
Egypt, S. Arabia to collaborate in telecom tower manufacture
Egypt’s Altawakol For Steel Fabrication & Galvanization Co. on Tuesday signed a cooperation agreement with…
UAE’s money supply rises by 0.9% in Sept. ’24 – c. bank
The Central Bank of the UAE (CBUAE) reported that the money supply aggregate M1, which includes currency in…
Omani OQ Base Industries shares fall in weak IPO debut
Omani OQ Base Industries saw a 10 per cent drop in its shares on the Muscat stock exchange following its $489…