Latest financial and market news from the Middle East and North Africa.
October 11, 2026 – Banque du Caire announced on Sunday its formal intention to float 30 percent of its issued share capital on the Egyptian Exchange, marking a major milestone in the country's state-owned asset privatization program.The ini…
October 7, 2026 – The Egyptian pound traded slightly lower against the United States dollar on Wednesday, with official central bank exchange rates hovering between 52.33 EGP and 52.43 EGP per dollar.Spot market exchange rates for the curre…
October 7, 2026 – Global spot silver prices experienced downward pressure during Wednesday trading, dropping below the critical 60 USD per troy ounce psychological threshold.Spot silver traded near 59.75 USD per troy ounce during the midday…
October 7, 2026 – Starbucks Corporation is aggressively advancing its corporate turnaround strategy as institutional investors weigh improving North American sales against significant operational restructuring.During the third quarter of fi…
October 7, 2026 – Markel Group Incorporated is leaning heavily on strict underwriting discipline to maintain profitability as broader insurance pricing momentum begins to moderate across the industry.Shares of the diversified financial hold…
October 6, 2026 – Global crude oil prices declined nearly two percent during Tuesday trading as resilient Middle Eastern exports and a coordinated emergency stockpile release eased structural supply concerns.As Brent crude futures retreated…
September 22, 2026 – Global spot gold prices retreated during early Tuesday trading, slipping toward the four thousand three hundred forty USD per ounce threshold as currency dynamics suppressed physical bullion demand.The precious metal re…
September 22, 2026 – Global crude oil prices rebounded during Tuesday trading, recovering from a sharp twelve-day low as energy markets assessed potential diplomatic progress between the United States and Iran.Brent crude futures advanced t…
September 21, 2026 – The Saudi Arabian energy ministry recently confirmed that multiple energy sector facilities in the southern region came under attack, igniting fires across several locations.State-controlled Saudi Aramco immediately hal…
September 20, 2026 – Global crude oil and aviation fuel prices continue to face severe upward pressure as a historic shortage of maritime supertankers artificially constrains long-haul supply chains.Despite United States military officials…
September 17, 2026 – The Kingdom of Saudi Arabia officially concluded its domestic sovereign sukuk issuance for the month of September, securing allocations totalling 437 million USD.The debt auction, executed by the National Debt Managemen…
September 16, 2026 – Amazon shares contracted by 2.1 percent during Tuesday trading, erasing 55 billion USD from the technology conglomerate's market capitalization in a single session.The steep equity liquidation outpaced broader market de…
September 16, 2026 – South Korean memory chip manufacturer SK Hynix successfully concluded its corporate wage dispute after union members approved a revised compensation framework.The finalised agreement mandates that employee profit-sharin…
September 15, 2026 – Global crude oil prices accelerated sharply on Tuesday, driving the international Brent benchmark firmly above the 107 USD per barrel threshold.This immediate upward pricing shock is a direct mechanical response to esca…
September 15, 2026 – Spot gold prices contracted sharply during early trading, sliding below the 4,300 USD per ounce threshold.The precious metal faced severe macroeconomic headwinds as institutional allocators digested recent United States…
