Egypt's Sisi visits Qatar, nabs $7.5B in investments: What to know President Abdel Fattah al-Sisi’s trip to Doha comes amid Egypt’s moves to improve ties with Turkey and tensions with the UAE over the Gaza war. Egypt
David Petraeus, ex-CIA head, tapped to lead KKR's push into Mideast markets The newly-formed team will identify investment and partnership opportunities in the region, with a focus on the Gulf Cooperation Council countries, the private equity firm said. Saudi Arabia
Turkey's Simsek says economy will ride out Trump tariffs without lasting scars Mehmet Simsek stressed that his government’s economic program has made the economy more resilient against internal and external shocks, highlighting that inflation has fallen and continues to drop. Turkey
Egypt’s non-oil private sector records two years of contraction The last time the Purchasing Managers Index, which offers insight into the private sector, recorded expansion in Egypt's economy was back in November 2020. Egypt
Some Egyptian companies still dealing with Russia's alternative financial system Some Egyptian companies are secretly dealing with a Russian alternative financial system, in anticipation of international sanctions by the United States. Egypt
Venture funding in Maghreb region gets facelift As the number of startups in the Maghreb region increases and venture funding experiences a meteoric rise, the region is gradually taking a visible spot in the MENA startup ecosystem. North Africa
Kuwait benefits from oil price boom but long-term economic challenges loom Key reforms and a lack of a diversified economy remain only two of Kuwait's major challenges. Gulf
Binance CEO takes heat at Abu Dhabi event after FTX fall Changpeng Zhao maintained that crypto is the future, despite cryptocurrency exchange FTX filing for bankruptcy last week. Gulf
Egypt’s Banque Misr receives loan from African Development Bank, China The loan could help Egyptian startups and comes amid Egypt’s ongoing economic crisis. Egypt
‘Stars aligned’ for Palestinian startups, Gulf investors say Entrepreneurs from the West Bank and Gaza recently visited Dubai to attend a conference on funding for new businesses. Palestine
Israeli cryptocurrency market attempts to catch up with global pace An Israeli crypto firm becomes the first in the country to get a capital markets license. Israel
Middle East countries must do more to recover, say IMF event panelists While oil producing countries are projected to benefit from a windfall due to high energy prices, for others the coming years "will be more challenging than ever." Gulf
Israel to work with France against money laundering, terror financing The memorandum of understanding signed last week between Israel and France is just part of the very extensive battle championed by Israel’s Money Laundering and Terror Financing Prohibition Authority against criminal money laundering and financing of terror activities. Israel
Israeli autonomous driving firm goes public Mobileye’s stock rose on its first day trading on Nasdaq. Israel
Dubai-based crypto firm to offer payment card The partnership between BitOasis and Mastercard could make cryptocurrencies more usable for daily purchases. Gulf
