Egyptian Exchange Accelerates Tech Overhaul After Derivatives License Victory
FRA grants pioneering derivatives approval, spurring EGX’s AI-driven infrastructure upgrades.
Middle East
Pasifik Teknoloji Surpasses TRY 528M Revenue in Middle East Tech Blitz
Pasifik hits half-billion lira sales, expanding SaaS platforms across Gulf and Egypt markets.
TII Partners Quantinuum on Quantum Boost for UAE Logistics Overhaul
Technology Innovation Institute teams with Quantinuum for logistics algorithms on trapped-ion tech.
UAE’s Mastiska Bags $10M Seed to Forge Sovereign Chip Independence
Sovereign funds back Mastiska’s push to design UAE-made chips for AI and defense.
Aramco Ignites Saudi Quantum Era with Pasqal’s 200-Qubit Machine
Aramco and Pasqal unveil Saudi Arabia’s pioneering 200-qubit quantum system for energy breakthroughs.
Egypt FRA Reforms Ignite 299,000 New Investors, Broker Platforms Strain Under Surge
FRA’s overhaul adds nearly 300,000 accounts, overwhelming apps amid EGX record highs.
PwC Saudi Ban Ends, Big Four Eyes PIF Brokerage Revival After Penalty Lifts
PwC resumes pitches to Saudi PIF following one-year suspension, targeting advisory and brokerage mandates.
EFG Hermes Orchestrates EGP 1.78 Billion Mortgage Milestone for Bedaya Finance
EFG Hermes advises Bedaya on record mortgage-backed securities issuance amid housing boom.
Saudi Tadawul Dismantles Barriers for Global Investors, Brokerages Brace for Trading Boom
Saudi Arabia opens Tadawul to all foreigners from February 1st , unlocking direct equity trades via local brokers.
Egyptian Banks Eye IMF Boost as Foreign Assets Climb to $24 Billion
Banking net foreign assets reach $24 billion, paving IMF deal path.
