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Hassan Allam’s Grova becomes third Egyptian developer in Oman’s residential market with Madinat Al Irfan project
Oman’s residential market is in a takeoff phase, as incentives, foreign buyer inflows, and yields…
MENA startups set a mega-round record in Q3 as the early-stage deal base thinned 45%
Three Gulf fintech rounds carried the quarter
Singapore’s Temasek will open its first Gulf offices in Abu Dhabi and Riyadh next year
One office follows the money already flowing. The other is more of a new bet
Morocco’s cars, planes, tourists, and the diaspora are bringing in more FCY, but the fuel bill is taking more out
The extra spending on energy imports alone outstrips what tourism and remittances added this year…
IPO
Pricier debt pushes regional issuers into AED, offshore RMB, and JOD sukuk
Plus: MNT-Halan closes its private placement 11.2x oversubscribed
Banque du Caire files weeks behind MNT-Halan, testing Egypt’s market depth
Plus: Airtel Money fell below its offer price on its first day in London
Egypt, Qatar, and Turkey court foreign capital as doors to regional markets widen
FTSE Russell has taken Egypt off the watchlist for demotion to frontier market
Egypt’s biggest listing in years tests whether foreign buyers come back to the EGX
Plus: Paramount takeover of Warner Bros. Discovery is now set to close next Tuesday
M&A
Qatar’s Estithmar Holding to acquire 49% of Syria’s Shahba bank
The move marks the first post-war foreign investment in Syria’s banking sector
Gulf money will back Hollywood’s biggest merger
PLUS: Adia wrote a ticket for the biggest US medical services buyout in more than…
Cross-border acquisitions is the flavor of the day for DP World + IHC
PLUS: Emirates NBD pulls off the largest syndicated borrowing in the GCC this year
Debt
Saudi’s second mortgage-backed securitization is coming with top credit ratings
The securitized sukuk bundles SAR 420 mn of mortgages from six lenders
Kuwaiti banks pull half their deposits from the CBK in 9M 2026
Nearly all of the drop came after the CBK eased liquidity rules in March,…
Gulf debt issuance fell 17.5% in 3Q as higher rates bit
Issuers are holding out for better levels, but heavy order books and tight spreads…
The IMF wants Lebanon’s Financial Gap Law to hold the line on hierarchy of claims, but the Central Bank wants carve-outs
The longer the standoff runs, the more the losses keep landing on depositors and…
Macro + Economy
El Mansouri cements coalition government
El Mansouri inherits a growth story, a youth jobs crisis, and a USD 20 bn…
MENA to contract 3.8% this year before an 8% rebound, the IMF predicts
Oil exporters take the hit from the Hormuz closure, oil importers hold up on remittances…
Price pass-through splits the region as UAE and Saudi absorb what Egypt and Qatar can’t
Demand decided who could absorb record price increases
Lebanon hopes for IMF agreement as financial gap law becomes the last obstacle
A full IMFpackage hinges on parliament passing the financial gap law, but there’s no vote…
Deals
Steadright, Janus Henderson, and Ajialuna all fall behind schedule as Mubadala holds its pace
Plus: Oman now clears both FTSE Russell bars for an upgrade to secondary emerging
Regional markets build apparatus ahead of deployment as Qalaa secures debt waivers
Plus: Acumen Holding’s first fund opens to EGX investors
Two Eastern Desert explorers eye TSX listings
Plus: Tunisian battery maker’s Algerian arm heads to Algerian bourse
BP’s four-well Egypt program straddles its pending USD 1 bn sale to Energean
Plus: Nawy is moving its retail property business inside a regulated fund