Good morning, folks. Egypt’s markets are growing, but not without some friction. We’ve got three stories about it today, covering the EGX, pharma, and real estate. The EGX filing story is the most ...
Adnoc has chartered around 15 crude carriers to maintain shuttle movements and customer deliveries amid Red Sea and Hormuz disruptions ...
Plus: The Department of Energy delegation met up with regulators and academic partners in the US to discuss water regulation, network modernization, AI, and ...
Why it matters: The TISIA complements the UAE’s Economic Partnership Agreement with the Eurasian Economic Union, which covers goods. The pact is a precursor to the UAE’s target to double trade with ...
Led by Japan’s SBI Group, the round gives Fasset fresh capital to expand its regulated financial network across banks, payment providers, and liquidity markets ...
WEATHER- It’s getting hotter and hotter in Abu Dhabi, with temperatures rising to 46°C before cooling to a low of 32°C. It’s less warm in Dubai, with the mercury topping out at 42°C before cooling to ...
Eni plans to drill 30 exploration wells and 200 development wells in Egypt during the next phase of its investment program, CEO Claudio Descalzi told President Abdel Fattah El Sisi during a meeting in ...
The pool has grown fast. Six active funds in 2024 held a combined USD 572 mn, only USD 42 mn of it deployed. By 2025, the cumulative count reached 14 funds targeting USD 1.28 bn, 89% still undeployed.
Emirates REIT’s headline earnings fell 71% y-o-y to USD 54.3 mn in 1H 2026, as unrealized valuation gains dropped 79% to USD 37.2 mn off a high base, according to its interim report (pdf) and 1H ...
Abu Dhabi National Energy Company (Taqa) is delisting from the ADX, following a vote from its board of directors and the completion of L’imad’s acquisition of full control of the firm earlier this ...
Salwa Fouad Fadhel (LinkedIn) has been named director general of the Abu Dhabi Social Support Authority, replacing Abdulla Humaid Al Ameri, who’d held the role since 2021, according to a statement.
Khanna joins from Bank of Singapore, where he led its private banking business for Europe and the Middle East out of Dubai ...