Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 …
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United Arab Emirates
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FeatureIndustry & TradeInternational NewsNews
India’s diamond exports tumble 27.5%
by Nada Aliby Nada AliIndia’s cut and polished diamond exports witnessed a significant decline in the financial year 2023-24, falling 27.5 …
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BanksEditors' PicksEgypt NewsFeatureMoneyNews
Moody’s reveres outlook of 5 Egyptian banks’ to positive
by Aya Anwarby Aya AnwarMoody’s Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative to …
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Egypt NewsFeatureMoneyNewsTech/AI
Egypt receives 1st $5b for Ras El Hekma deal
by Nada Aliby Nada AliEgypt’s Prime Minister Moustafa Madbouly has confirmed on Thursday the receipt of a $5 billion payment as …
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BanksEgypt NewsFeatureNews
Sisi: Egypt receives 1st payment of Ras El Hekma project
by Nada Aliby Nada AliPresident Abdel Fattah al-Sisi of Egypt announced on Wednesday that the initial batch of the Ras El …
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BanksEgypt NewsFeatureNewsTech/AI
Egypt’s sovereign USD bonds rally on Ras El-Hekma deal
by Nada Aliby Nada AliEgypt’s sovereign dollar bonds surged more than 1 cent on Monday, continuing the sharp rally after the …
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Egypt NewsFeatureMENA NewsNewsReal EstateTech/AI
UAE’s UDC to build new urban community in Cairo
by Nada Aliby Nada AliEgypt’s New Urban Communities Authority (NUCA) and the UAE’s UDC, real estate development company, signed a contract …
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Egypt NewsFeatureIndustry & TradeMENA NewsNews
Egypt, UAE sign agreement to prevent double taxation
by Nada Aliby Nada AliEgypt and the United Arab Emirates (UAE) signed an agreement on Sunday to eliminate double taxation on …
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Bahrain plans to issue a dollar bond with a two-tranche deal: a seven-year Islamic note with a …
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