Good afternoon, friends, and happy Hump Day. Two stories lead our Headlines section today: MNT-Halan’s EGP 4 bn post-IPO ...
The EGX30 rose 3.5% at today’s close on turnover of EGP 8.2 bn (27.1% below the 90-day average). International investors were the sole net ...
Here are the stories driving the day, both at home and abroad. MNT-Halan’s planned EGP 4 bn post-IPO capital increase is now fully paid ...
Three developers are rebuilding their malls around homegrown brands instead of global anchor tenants
Marakez’s District 5 has hundreds of local brands waiting to enter, Arkan runs 85% local tenants, and U-Venues has no Zara on site ...
Together, Miam Miam and The Matcha Mob make for an easy, laid-back outing with great food and even better drinks ...
How much of the Gulf’s Hormuz problem can a railway officially due in 2030 solve? Half, according to Afaq Hussain, a nonresident senior fellow with the Atlantic Council’s Project for Middle East ...
Du reported a 9.8% y-o-y increase in 2Q 2026 net income to AED 797.8 mn, while revenue rose 4.6% to AED 4.1 bn, according to its financials (pdf). Stronger service revenue and cost discipline helped ...
Quieter trading pulls Saudi Tadawul Group’s 3Q lower. Tadawul Group’s net income fell 41.8% y-o-y to SAR 48.1 mn in 3Q 2026, with the group flagging softer market activity tha ...
Dubai-based Magellan Capital launched a new open-ended credit fund targeting SME and individual borrower financing across the GCC and Europe, with USD 50 mn in seed capital and an AUM target north of ...
This year’s El Gouna Film Festival wraps up tonight, but behind its red carpet sits an industry where a hit film at home can still lose money. A mid-budget Egyptian feature now costs an average of EGP ...
Consultancies are facing AI-driven pressure and a demand slowdown, with Cooper Fitch expecting only a partial consulting rebound in 2027 ...
The gap between French and German borrowing costs has widened to levels not seen since the eurozone’s sovereign debt crisis. That revives a question the bloc thought it had settled: whether one member ...
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