Egypt’s non-oil private sector didn’t just turn a page in November—it cracked open a whole new chapter. After years of wavering momentum, business activity surged to its strongest pace in half a decade, according to new survey data that painted a cautiously upbeat portrait of the country’s economic pulse. The S&P Global Egypt PMI jumped …
Egypt’s Non-Oil Economy Flickers Back to Life With a Five-Year High Read More »
The mood across the major Gulf exchanges turned into a patchwork of gains and slips, as weakening oil prices tugged at sentiment and investors shifted their gaze toward key U.S. economic clues expected later in the week. Oil — the region’s financial metronome — sagged for a second straight session. With Russia-Ukraine talks stirring hopes …
Gulf Markets Drift as Oil Softens and Traders Brace for U.S. Signals Read More »
In a move that slipped into the global investment current with the quiet force of a deep tide, Mubadala Investment Company and Korea’s Glenwood Private Equity — joined by a circle of aligned co-investors — have completed their co-investment in NanoH2O Co., Ltd., marking the final tick of regulatory and closing requirements. NanoH2O, once the …
Saudi Arabia’s Dr. Soliman Abdulkader Fakeeh Hospital Company has stepped into expansion mode, sealing a binding deal to take just over half of Diagnostic Elite — the teleradiology and imaging specialist that’s been steadily stitching itself into the Kingdom’s healthcare network. The agreement hands the hospital group a 50.01% stake for 70 million riyals, a …
Saudi Arabia’s non-oil businesses kept their momentum in November, pushing forward with another month of expansion—even if the pace felt a touch less urgent than before. The latest purchasing managers’ index reading showed the private sector still humming with growth, supported by steady output and confident operations. But beneath that forward motion, the tempo of …
Saudi Firms Keep the Engines Running, but the Road Ahead Looks Less Rushed Read More »
Doha witnessed a bustling November at its key ports as cargo activity soared, signaling a strong pulse in Qatar’s maritime trade. Hamad, Ruwais, and Doha ports collectively recorded a striking 60% year-on-year jump in overall cargo throughput, according to Mwani Qatar’s latest figures. The trio of ports welcomed 272 vessels during the month, moving 117,941 …
Qatar Ports Ride a November Surge, Cargo Handling Jumps 60% Read More »
Gulf stock markets started Tuesday with cautious moves, reflecting the soft pulse of oil prices and investor eyes on upcoming U.S. economic data for hints on the Federal Reserve’s next steps. Oil hovered in a narrow range, with Brent crude futures up just 7 cents to $63.24 a barrel, as traders balanced risks from Ukrainian …
Gulf Markets Tread Water as Oil Struggles Near Multi-Month Lows Read More »
Cairo — Egypt’s latest auction of one-year, dollar-denominated treasury bills pulled in $961 million, the central bank announced Monday, slightly below the $980.5 million in bills coming due. The new bills carry an average yield of 3.75%, down from the 4.50% rate of the maturing notes, reflecting a notable softening in borrowing costs. The sale …
Egypt’s Dollar Bonds Draw $961 Million as Yields Dip Read More »
Riyadh is pivoting its economic playbook, aiming to lure Japanese companies into its ambitious growth orbit. The kingdom’s Public Investment Fund (PIF), valued at nearly $925 billion, is shifting gears from a decade-long emphasis on real estate toward sectors like logistics, mineral extraction, religious tourism, and artificial intelligence. “Japan has long been one of our …
Saudi Arabia Sets Sights on Japan to Fuel Next Wave of Investment Read More »
In Dubai’s heat-soaked energy arena, Saudi Arabia’s Prince Abdulaziz bin Salman stepped forward with something close to triumph in his voice: a fresh OPEC+ system for judging how much oil each member can truly pump. Not a patchwork fix, he insisted, but a clean-lined mechanism built to steady markets and reward those who actually pour …
OPEC+ Tries a New Playbook — and Riyadh Says It Could Calm the Oil Chessboard Read More »
Court Cast is a vibrant, collaborative platform designed specifically for legal professionals worldwide. Embrace the opportunity to connect, share insights, and grow with a diverse network of attorneys, legal scholars, and industry experts. Court Cast offers a unique space for members to discuss the latest legal trends, share case studies, and engage in thought-provoking environment.
