![Egypt Keeps Rates on Hold After Inflation Shows Signs of Slowing](/i/c/5b9129d4-2cab-0807-806c-5347a93c0486.webp)
Egypt Keeps Rates on Hold After Inflation Shows Signs of Slowing
Egypt kept interest rates unchanged amid signs of softening inflationary pressures, likely refraining from further monetary tightening until
2023-09-22 14:16
![Signs of Egypt’s Inflation Slowing Point to Rate Hold](/i/c/eea2097d-8178-694b-350c-09d161cdf715.webp)
Signs of Egypt’s Inflation Slowing Point to Rate Hold
Signs that record Egyptian inflation is finally starting to slow may prompt the central bank to keep interest
2023-09-21 13:51
![Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO](/i/c/2809f254-ba32-c3d8-49d7-afe89fe4edfb.webp)
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:57
![Dubai’s Shuaa Bolsters Investment Bank With Credit Suisse Hires](/i/c/0aef938e-60fd-c9cc-3b6f-3d7fd2b5ee49.webp)
Dubai’s Shuaa Bolsters Investment Bank With Credit Suisse Hires
Dubai-based Shuaa Capital PSC is looking to rebuild its investment banking franchise by bringing in former Credit Suisse
2023-07-06 16:59
![Mubadala-Backed UAE Lender Bulks Up With Ex-Citi, Natixis Hires](/i/c/2c00d9bb-b917-12b9-c3ce-12240c6b1804.webp)
Mubadala-Backed UAE Lender Bulks Up With Ex-Citi, Natixis Hires
Abu Dhabi Commercial Bank PJSC has hired former Citigroup Inc. and Natixis SA bankers to key positions in
2023-07-03 17:21
![Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes](/i/c/dd9fb768-7710-1efd-21b6-41a783eee12d.webp)
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:23
![UAE Lenders Fill Turkey Financing Void Left by Global Banks](/i/c/c2e2d375-3a9e-9bf4-8260-63c116ae4f8c.webp)
UAE Lenders Fill Turkey Financing Void Left by Global Banks
United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left by Western lenders
2023-06-15 19:18
![Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash](/i/c/63eaa987-063c-8908-e558-f7ffaf2a4be9.webp)
Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash
What comes first, another currency devaluation or a wave of Gulf investment? Cash-strapped Egypt is racing to resolve
2023-05-23 15:19
![Adnoc Unit’s $607 Million Abu Dhabi IPO Sells Out in Minutes](/i/c/f14604cb-8778-854c-5b49-71c6c8ab2093.webp)
Adnoc Unit’s $607 Million Abu Dhabi IPO Sells Out in Minutes
The initial public offering of Adnoc Logistics & Services got enough orders to cover all shares within minutes,
2023-05-16 13:20
![Abu Dhabi Family Plans Middle East’s Second SPAC Listing](/i/c/f9ca305f-6782-f2a4-63bb-c0593aec5409.webp)
Abu Dhabi Family Plans Middle East’s Second SPAC Listing
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in
2023-05-11 13:26