Saudi Arabia’s international reserves reach 18-month high of USD 467.5 billion
Fitch Ratings announced in March that it had affirmed Saudi Arabia’s long-term...
Currency
MENA Watch: Region’s economy stares at gloomy days ahead
Analysts predict that the real GDP growth for the MENA hydrocarbon exporters...
UAE banking sector sees USD 3.76 billion in new savings deposits in Q1 2024
At the end of March 2024, savings deposits in the banking sector...
Fitch upgrades Nigeria’s outlook from stable to positive
Nigeria and Egypt’s economic fortunes have dimmed in the last few months...
How Egypt’s inflation will stand after currency devaluation? Study gives a sneak peek
Since December, the value of the Egyptian pound has significantly dropped on...
Saudi Vision 2030: S&P report envisions ‘crucial role’ for Kingdom’s capital markets
To develop Saudi capital markets, the CMA and Tadawul have recently launched...
MENA Watch: Will Egypt’s IMF bailout be enough?
Egypt's Ministry of Finance cut its budget for utility subsidies to meet...
OCC’s strategy to reform bank M&A regulations
The OCC is making this move amid criticism from the banking industry...
Cairo retail sector rents surge by 9% in 2023: JLL
JLL's report also highlighted that the retail sector in Cairo witnessed limited...
Nigeria faces 18-year high inflation due to President Bola Tinubu’s reforms
Because of Nigeria President Bola Tinubu's decision to allow the naira to...