Egyptian Banks Eye IMF Boost as Foreign Assets Climb to $24 Billion
Banking net foreign assets reach $24 billion, paving IMF deal path.
Middle East
Banking sector’s local liquidity rises to EGP 13.85trn in November 2025
Egypt banks see local liquidity climb to EGP 13.85 trillion in November 2025.
National Bank of Egypt Pumps EGP 3 Billion into Fintech Giant Valu for Consumer Boom
National Bank of Egypt extends EGP 3 billion short-term financing to Valu fintech.
Israeli Cyber Startup Torq Hits $1.2B Valuation with $140M Raise
Torq scoops $140 million in Series C funding, valuing the no-code cybersecurity platform at $1.2 billion unicorn status.
DSShield Lands $54M Boost from Merak Capital for Cyber Defense Push
Merak Capital pumps SAR 203 million into DSShield to build national cybersecurity platform amid Kingdom’s digital boom.
Saudi Consulting Firms Embrace AI Tools Amid Vision 2030 Push
Saudi consultancies integrate generative AI for strategy and operations, doubling productivity as Kingdom accelerates diversification.
Raythink Showcases AI-Powered Security Tech at Intersec Dubai 2026
Raythink debuts edge AI cameras and predictive analytics at Intersec, targeting smart city threats with real-time response.
Qatar and UAE Join US-Led Pax Silica for AI Supply Chain Security
Qatar and UAE commit to Pax Silica alliance, strengthening AI chips, semiconductors, and critical minerals supply chains with US partners.
Dubai Real Estate Eyes Tokenisation Boom After Record Dh680B Transactions
Dubai’s property market hits Dh680 billion in 2025 deals, setting stage for tokenisation wave in 2026 luxury sales.
Saudi Arabia Rolls Out “Saudi Properties” Platform Amid Ownership Reforms
New “Saudi Properties” digital platform streamlines real estate transactions as foreign ownership laws open doors for investors.
