Banking and Finance

Morocco’s markets rise as World Cup spending fuels largest IPO in decades

Shares in SGTM jumped by 10% on Dec. 16 after the construction firm raised roughly $550 million from its IPO, underscoring demand in a market that has featured few new listings in recent years.

Morocco

Egypt secures Qatari investment boost, launches first SCZONE industrial deal

Bilateral trade between the two countries rose to $143 million during the first 10 months of 2025.

Egypt

Mideast funds back Paramount's $108B Warner Bros. takeover bid

Netflix appeared to have won a weeks-long bidding war with Paramount and Comcast, securing a $72 billion equity deal for Warner Bros. Discovery's TV, film studios and streaming assets, but Monday's $108 billion bid changes the calculus.

Saudi Arabia

What role is Jordan playing in Syria's reconstruction?

As Syria’s southern neighbor, Jordan is already positioning itself as a logistics hub and diplomatic broker for Syria’s reconstruction.

Syria

Saudi PIF eyes $27B Japan portfolio as kingdom courts Asian investment

Saudi Arabia is strengthening economic ties with Asian countries as it pursues its economic transformation goals.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

Saudi Arabia opens Nomu Parallel Market to new investors: What to know

Easing investing rules and deepening capital markets to diversify the Saudi economy are key to fulfilling Vision 2030.

Saudi Arabia

UAE showcases global AI ambitions with $1B Africa pledge at G20

The Gulf country is the world's top investor in Africa, with Emirati companies committing $100 billion to projects on the continent between 2019 and 2023, according to data from the Financial Times.

United Arab Emirates

Live Updates

Trump gives MBS red-carpet welcome, touts F-35 deal, $1T Saudi investment

Trump is hosting Crown Prince Mohammed bin Salman at the White House in a high-profile visit aimed at resetting US-Saudi ties and securing major defense, nuclear and investment deals.

Saudi Arabia

Dubai, Abu Dhabi make world’s top 5 destinations for wealthy: What to know

In Savills’ Spotlight on Wealth Trends 2025 report, Dubai topped the charts while Abu Dhabi ranked fifth.

United Arab Emirates

Gorka praises Lebanon's President Aoun, discusses money laundering

Gorka, who led the US Treasury Department delegation that met Aoun, referred to the president as a “friend” and "Christian leader" in a post on X and said he could help expand the Abraham Accords.

Lebanon

Billion-dollar AI, clean energy deals headline Saudi 'Davos in the Desert'

Humain, an AI firm backed by the Saudi sovereign wealth fund, the PIF, signed a $3 billion deal with AirTrunk, a company backed by US asset manager Blackstone, to build a data center campus in the kingdom.

Saudi Arabia

Syria finance chief meets US, World Bank officials as Trump admin pushes more sanction relief

Less than two weeks ago, the US Senate approved a measure to repeal the 2019 Caesar Syria Civilian Protection Act sanctions on Syria as part of its 2026 defense budget.

Syria