Developing nations’ “complex” debt could raise stall restructurings, says Lazard
As per the Lazard, Angola, Nigeria, and Senegal have tapped total return swaps—effectively borrowing against their own debt—as an alternative to inte
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Qatar’s residential sales value reaches USD 1.7 billion in Q1 2026
Doha remained the center of residential market activity, recording 512 transactions with a combined value of approximately QR2.6 billion
African banks outperforming its global peers, finds McKinsey report
According to McKinsey’s latest African banking review, African banks generated a return on equity of 19% in 2024, the highest of any major region in
Qatar’s real estate deal value climbs to USD 1.43 billion in Q1 2026
The real estate transactions achieved the highest levels during February, with a total value of QR2.709 billion. January 2026 registered a total value of QR1.732
South Africa records massive current account surplus in Q1 2026, largest in over four years
The current account surplus widened to 2.4% of GDP in the quarter from 0.6% in the fourth quarter of 2025, said the South African Reserve
Did ShinyHunters hack Oracle PeopleSoft servers? Reports claim so
As per the ShinyHunters, the group’s original goal was to compromise an FBI PeopleSoft server and post a statement denying the group's involvement behind a
HUMAIN, NVIDIA to bring Robotaxi-ready platform to Saudi, Middle East
HUMAIN will also be looking to build AI factories with a projected capacity of up to 500 megawatts, apart from deploying several hundred thousand NVIDIA
Here is what S&P and Fitch are saying about GCC issuers’ credit outlook
Despite the Iran war showing no immediate ending signs, S&P said negative rating actions in the GCC have been limited to specific corporate and infrastructure
Belgium government to sell 20% stake in Belfius bank, says Finance Minister
The Belgian government began the process to sell the stake in late 2025, with the aim of cutting debt while increasing defense spending
Dubai’s first-time home buyer programme proves a massive hit
The programme, since July 2025, has enabled more than 3,200 residents to own their first homes in the city, generating residential property transactions exceeding AED5