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Banking & Finance

Egypt’s credit score downgraded by Fitch Ratings to ‘B-‘

MEA Finance -
The ratings agency said it expects Egypt to face a significant rise in external debt maturities in fiscal years ending June 2024 and June 2025
Banking & Finance

Mastercard, tmam partner to help GCC SMEs digitise corporate expenses

MEA Finance -
The collaboration will help small businesses digitise their corporate expenses while saving money on company spending.
Banking & Finance

Islamic funds’ assets under management fall on rate rises

MEA Finance -
Islamic funds’ AuM fell by 4% quarter-over-quarter (QoQ) in the GCC, Malaysia, Indonesia and Pakistan.
Banking & Finance

NBK – Bahrain posts KWD 51.7 million in H1 2023 profit

MEA Finance -
NBK Group possesses a unique advantage as a result of its extensive geographical footprint
Investments

Middle East investors to infuse $120 billion in Egypt

MEA Finance -
The UAE invested in 71 projects worth a record $5.6 billion in 2021 alone, with the most significant being The Agtech Park.
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