Egypt banking sector net foreign assets hit record $29.5bn in January amid forex stability drive
Egypt’s banking sector posted a record $29.5 billion in net foreign assets last January, reflecting steady dollar inflows and tighter monetary policy.
Egypt’s banking sector posted a record $29.5 billion in net foreign assets last January, reflecting steady dollar inflows and tighter monetary policy.
Private credit funds are surging in the Middle East, targeting unbanked SMEs as banks focus on safe government deals amid conflict and rate shifts.
Abu Dhabi’s International Holding Company plans to launch Judan Financial with $237 billion AUM, positioning it as a key pillar in the emirate’s financial diversification push.
Lenders across the Middle East are quietly reshaping loan books and risk appetites as war‑driven oil swings and global rate cut bets collide.
Gulf Bank of Kuwait delivers steady 2025 profit and balance sheet growth while laying the groundwork for a full conversion to Islamic banking by 2030.
Gulf lenders enter the latest Middle East crisis with thick capital cushions, strong liquidity and state backing, but face a tougher earnings climate if conflict and oil volatility linger.
QuicKart raises US$1.5M seed to scale hyperlocal produce delivery serving 2.8M urban consumers.
Luma AI opens Riyadh office partnering Publicis Groupe Middle East to embed multimodal AI in MENA advertising.
Kuwait Reinsurance reports KD 28M quarterly profits driving annual guidance upward.
Tawuniya secures SAR 2.8B health contracts driving record profitability across employee schemes.