Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Rising interest income drives FAB’s record earnings in 3Q
Profits for the quarter jumped to AED 4.3 bn from AED 2.9 bn the year before
New sustainable bond regulations are in the works
The Madbouly government is planning on bringing in USD 5 bn from green bonds over the next five years
What the markets are doing on 19 October, 2023
The EGX30 fell 2.3% at today’s close on turnover of EGP 3.52 bn (57.8% above the 90-day average). Foreign investors…
Goldman Sachs and Morgan Stanley take a beating after 3Q earnings release
Morgan Stanley shares fell as much as 7.9% after releasing its 3Q earnings
Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
Egypt is looking to borrow USD 3 bn by the end of the fiscal year
The fresh funds will help bolster the budget and help the country meet any emergency financing needs, a senior Finance…
What the markets are doing on 18 October, 2023
EARNINGS WATCH- Ezz Steel’s bottom line plummeted nearly 120% y-o-y to a loss of roughly EGP 809.8 mn in 1H…
Morgan Stanley thinks an S&P 500 rebound may be on its way
An S&P 500 rebound “is more likely than not,” said Stanley’s chief US equity strategist
Something went wrong. Please refresh the page and/or try again.