MENA+ Edition 
Egypt Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
Countries
Home / Countries
Algeria
Algeria’s 2027 budget delivers the last tranche of Tebboune's salary-doubling pledge
The final tranche of raises, which are meant to double salaries from their 2022 starting…
Two Eastern Desert explorers eye TSX listings
Plus: Tunisian battery maker’s Algerian arm heads to Algerian bourse
India is building its North Africa ties piecemeal, forgoing a regional corridor
New Delhi’s patchwork of trade agreements is partly by design, allowing each agreement to cater…
New faces at Bank of Algeria + Finance Ministry
Lebbou is moving on from the central bank just six months after taking on the…
Bahrain
GCC project awards hold steady at USD 204 bn for 9M, even as 3Q collapses
Every GCC market posted double-digit y-o-y falls in 3Q, as the war hit the region’s…
Bahrain’s interest bill now tops this year’s maturities as the Iran war guts its oil revenue
Bahrain spent USD 2.8 bn servicing its debt in 2025, or 37% of revenue, and…
Saudi leads GCC equities rebound in August, but Oman still the top performer year-to-date
Hotels and leisure, materials, ins., and telecom led GCC’ equities rebound in August
Bahrain, Qatar, Oman, and Turkey's latest data capture four stages of the war's impact
The four countries released data within days of each other, with each capturing a different…
Egypt
Pricier debt pushes regional issuers into AED, offshore RMB, and JOD sukuk
Plus: MNT-Halan closes its private placement 11.2x oversubscribed
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…
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
MENA startups set a mega-round record in Q3 as the early-stage deal base thinned 45%
Three Gulf fintech rounds carried the quarter
Iraq
Iraq devalues to fund its budget as a record of resets limits what it achieves
Baghdad has previously moved the IQD rate in both directions, which economists say tells the…
Aramco is engineering two new export corridors while Iraq eats a markdown to keep crude flowing
Some workarounds are working. What’s less clear is how long producers can afford to run…
Sabotage cuts Syrian gas again as Damascus builds a fuel transit business for Iraq
The transit fees and the domestic grid depend on the same eastern security situation that…
EBRD trims MENA growth on Hormuz and war, but lifts Morocco and Tunisia on the drought’s end
Egypt and Jordan take small hits but keep growing, while Iraq and Lebanon see their…
Lebanon
Nassib Ghobril named Banque du Liban chief economist
Plus: Vasilis Hadjiaslanis tapped as Middle East general manager for Deliveroo
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
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 taxpayers…
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…
Libya
Libya’s largest operating refinery may go dark as strikes on both coasts shatter a fragile calm
The flare-up in tensions also tests the US push to political unity in the country
Libya’s coffers could be up for a possible boost by 2H 2027 as Ras Lanuf Refinery gears for resumed operations
Resumed refining activity in Libya’s largest refinery is set to slash its hefty fuel imports…
Could shale reserves be Libya’s next oil & gas frontier?
Plus: Indian-Algerian consortium announces its fifth discovery in its Ghadames basin concession block since it…
What does Libya’s first ‘unified’ budget in 13 years mean?
The US unilaterally pushed for the new budget, but how far its influence in Libya…
Morocco
El Mansouri cements coalition government
El Mansouri inherits a growth story, a youth jobs crisis, and a USD 20 bn…
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…
Morocco gets its first woman prime minister
El Mansouri is now working on putting together a cabinet
Morocco turns Ceuta into leverage
Brussels is responding to the migration disaster with more money and a “strategic partner” embrace
Oman
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
Saudi Arabia developing new oil pipeline to Oman's Duqm, bypassing Hormuz
The cross-peninsula route has been floated since the 1970s
A stack of residency incentives is turning Sultan Haitham City into the GCC’s most accessible foreign-buyer real estate market
Concerns over visa and asset safety are also pushing some UAE-based investors to Oman
Oil carried Oman’s GDP growth in 1H, but construction, hospitality, and transport all shrank in real terms
FDI fell 44%, and three-quarters of what came in went to oil and gas
Qatar
Qatar’s first North Field East LNG train to be ready in November to offset part of attack-hit LNG capacity
Shell has also partially restarted Pearl GTL
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
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
GCC private schools came through the year better than feared, but Kuwait’s recovery is lagging
Single-gender Qatari demand is filling the seats expat families left behind. Kuwait has no equivalent…
Saudi Arabia
Saudi’s second mortgage-backed securitization is coming with top credit ratings
The securitized sukuk bundles SAR 420 mn of mortgages from six lenders
GCC AI adoption surges on paper, but scaling past the pilot stays the hard part
The gap between experimenting and embedding is where data readiness, governance and workforce changes decide…
Foreign carriers suspend Riyadh flights as Houthi airport strikes continue
The Houthis claimed four large-scale attacks on Saudi airports and Aramco facilities in 24 hours
Four days of Houthi strikes on Saudi airports kill three and ground hundreds of flights
Turkey has ruled out sending troops to help Saudi Arabia with its offensive against the…
Syria
Eagle Hills signs framework deal for Damascus and Latakia projects as Syria pledge advances
Plus: Jeddah Tower completion timeline pushed back
Syria begins work on the Arab Gas Pipeline stretch that would connect Jordan's border to Turkey’s
Plus: AfDB is covering nearly a third of Morocco’s 2030 World Cup airport expansion
Two Saudi agreements accounted for a fifth of the USD 1.8 bn signed at Syria’s Imar
Roads, cement, and water dominated the signings — while the UAE’s Dnata and a Saudi-backed…
QNB Syria issues the country’s first internationally accepted payment card
In August, Mastercard and QNB Syria processed the country’s first transaction using an internationally issued…
Tunisia
S&P and Fitch keep Jordan and Tunisia stable as donor money and central bank loans hold the line
Both countries are also energy importers who are paying for the war the same way
Tunisia's blackouts are forcing households to buy their way off a grid the state can no longer run
A state utility too indebted to build, and a government that let households solve it…
Tunisian bank lending to businesses jumps as gov’t borrowing slows
Household lending, on the other hand, grew at a much slower rate
Driven by structure, not growth: Jordan, Tunisia, and Iraq post big equity gains
The three countries have little in common aside from their equity markets far outperforming the…
United Arab Emirates
The UAE’s domestic payments rails are in place, but the money hasn’t moved yet
The UAE has assembled a full-stack domestic payments system but whether it delivers the cheaper,…
Abu Dhabi’s L’imad is leading the Zero Hormuz push to route trade around the strait
EGA is also looking to ship aluminum from the UAE’s east coast
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
Global asset managers deepen Gulf presence with new offices and bns in commitments
Plus: PIF is adding fixed income to the list of things it pays outsiders to…