Moody’s reveres outlook of 5 Egyptian banks’ to positive
Moody's Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative…
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United Arab Emirates
Egypt receives 1st $5b for Ras El Hekma deal
Egypt’s Prime Minister Moustafa Madbouly has confirmed on Thursday the receipt of a $5 billion payment as part of…
Sisi: Egypt receives 1st payment of Ras El Hekma project
President Abdel Fattah al-Sisi of Egypt announced on Wednesday that the initial batch of the Ras El Hekma project’s…
Egypt’s sovereign USD bonds rally on Ras El-Hekma deal
Egypt's sovereign dollar bonds surged more than 1 cent on Monday, continuing the sharp rally after the UAE…
UAE’s UDC to build new urban community in Cairo
Egypt's New Urban Communities Authority (NUCA) and the UAE’s UDC, real estate development company, signed a…
Egypt, UAE sign agreement to prevent double taxation
Egypt and the United Arab Emirates (UAE) signed an agreement on Sunday to eliminate double taxation on income and…
Bahrain plans to issue Eurobonds
Bahrain plans to issue a dollar bond with a two-tranche deal: a seven-year Islamic note with a 6.625 per cent…
U.N. Security Council votes on new Gaza ceasefire call
The United Nations Security Council is set to cast a vote on a new resolution that demands an “urgent and…
BlackRock invests up to $400 million in Dubai’s Positive Zero
Positive Zero, a decarbonisation firm based in Dubai, declared on Monday that it is set to receive an investment of…
Saudi Arabia, Italy explore investments in key sectors
Saudi Arabia and Italy are discussing joint investments in several sectors, including automotive, mining, oil &…
