Finance

Central Bank of Egypt Advances Green Banking Framework at IFC Climate Conference

The Central Bank of Egypt hosted a sustainable finance conference with the International Finance Corporation…

UAE Minister Projects Over 5 Percent Economic Growth in 2026 Driven by Non-Oil Expansion

On February 12, 2026, UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri…

Abu Dhabi GDP Hits Record Dh325.7 Billion on 7.7% Q3 Expansion

Abu Dhabi's gross domestic product expanded by 7.7 per cent year-on-year to a record Dh325.7…

Riyadh Air and Mastercard Form Alliance for Digital Cards and Travel Payments

Riyadh Air and Mastercard announced a strategic partnership on Feb. 6, 2026, to launch co-branded…

Gulf Economies Positioned to Outperform Peers Amid Fragile Global Outlook for 2026

Gulf countries are set to leverage fiscal buffers and energy revenues to outperform global peers…

S&P Sees Egyptian Banks Posting 25 Percent Lending Growth in 2026 on Macro Support

S&P Global Ratings said in a Feb. 3, 2026 report that a supportive macroeconomic environment…

Dubai GDP Reaches $96.7 Billion in First Nine Months of 2025 With 4.7 Percent Growth

Official data released in February 2026 shows Dubai's economy expanded 4.7 percent in the first…

IMF Chief Praises UAE Non-Oil Expansion as Model for Arab Diversification

International Monetary Fund Managing Director Kristalina Georgieva commended the UAE's non-oil sector performance that now…

Saudi Arabia Boosts US Treasury Holdings by $14.4 Billion to $148.8 Billion

Saudi Arabia increased its holdings of US Treasuries by $14.4 billion to $148.8 billion in…

MENA Sustainable Finance Hits $35.1 Billion in 2025 as Saudi Arabia Leads Regional Issuance

Sustainable finance across the Middle East and North Africa reached $35.1 billion last year with…

World Bank Projects 5 Percent UAE Growth in 2026 Amid Resilient Global Economy

On January 13, 2026 the World Bank forecasted 5 percent economic growth for the UAE…

Saudi Arabia Raises $11.5 Billion in First International Bond Sale of 2026

Saudi Arabia raised $11.5 billion through an oversubscribed four-tranche dollar bond sale on January 6,…