Latest financial and market news from the Middle East and North Africa.
October 22, 2026 – The United States dollar gained ground against the Egyptian pound during Thursday interbank trading, climbing toward 54.56 Egyptian pounds across major domestic financial institutions.The greenback strengthened approximat…
October 22, 2026 – Shares of clinical-stage biopharmaceutical enterprise Veradermics Incorporated surged to fresh record highs during Thursday premarket trading, hovering near 136.27 USD on the New York Stock Exchange.The Connecticut-based…
October 22, 2026 – Clinical-stage biopharmaceutical enterprise Disc Medicine announced the pricing of an upsized underwritten public offering, securing 450 million USD in gross proceeds.The Massachusetts-based company agreed to sell 6 milli…
October 21, 2026 – Spot gold prices extended their recent decline on Wednesday, falling toward 4,110 USD per troy ounce as a resilient United States dollar and surging global oil prices pressured the precious metals complex.The commodity re…
October 21, 2026 – Shares of Lecico Egypt hovered near 32.75 Egyptian pounds on the Egyptian Exchange during Wednesday trading as investors digested recent operational growth.The Alexandria-based sanitary ware and tile manufacturer currentl…
October 20, 2026 – Global spot gold prices edged lower on Tuesday morning, trading near 4,123.60 USD per troy ounce as rising oil prices reignited structural inflation concerns.The precious metal retreated approximately 0.39 percent, or 16.…
October 20, 2026 – Arabica coffee futures advanced significantly during Monday trading, with benchmark contracts closing near 3.14 USD per pound on the Intercontinental Exchange as traders monitor global supply disruptions.For macroeconomic…
October 20, 2026 – United Kingdom-based Silence Therapeutics agreed to be acquired by Germany-based Merck KGaA in an all-cash transaction valuing the biopharmaceutical company's equity at approximately 1.3 billion USD.The definitive agreeme…
October 19, 2026 – Global crude oil prices retreated on Monday as investors weighed easing supply concerns against persistent geopolitical risks across the Middle East.Brent crude futures fell more than 2 percent to trade near 107 USD per b…
October 19, 2026 – Space Exploration Technologies Corporation has formally agreed to acquire a nationwide 800 megahertz spectrum portfolio from Grain Management for approximately 8 billion USD in cash.The massive telecommunications transact…
October 19, 2026 – House of Doge Inc., the official commercial arm of the Dogecoin Foundation, continues to advance decentralized global currency adoption despite facing severe equity market headwinds.The Nasdaq-listed enterprise focuses he…
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October 19, 2026 – Deliveries of advanced artificial intelligence semiconductors from the United States to the Persian Gulf have faced significant delays amid mounting security concerns in Washington.The export hold-ups directly follow a se…
October 18, 2026 – Global crude oil prices posted massive weekly gains at the Friday close, driven by escalating Middle Eastern supply concerns and ongoing uncertainty regarding Russian diesel exports.As Brent crude futures surged 3.7 perce…
October 14, 2026 – Global crude oil prices rose on Wednesday as traders weighed supply risks stemming from a reported attack on a Saudi Aramco facility against the prospect of increased Russian diesel exports.As Brent crude futures climbed…
October 12, 2026 – Global crude oil prices rallied on Monday, climbing to their highest levels in nearly 2 weeks as escalating geopolitical conflict across the Middle East renewed structural supply concerns.As Brent crude futures advanced 1…
