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18 July 11:24 AM
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IMF downgrades 2024, 2025 growth forecasts for Egypt, MENA

Cairo – Mubasher: The International Monetary Fund (IMF) has cut its expectations for Egypt’s real GDP growth for 2024 and 2025 by 0.3% for each year. The IMF reduced its expectations for the country’s growth in 2024 and 2025 to 2.70% and 4.10%, …
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CBRE names new Managing Director for MENA
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ADES Holding secures $3bn dual-currency debt facility from local, regional listed entities
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Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch
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Eaton Middle East launches anti-counterfeit Asset Manager application
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Stride Ventures makes 1st GCC investment of $1m in Maalexi
Iraq Arab Global Commodities
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IMF downgrades 2024, 2025 growth forecasts for Egypt, MENA Global Economy
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CBRE names new Managing Director for MENA Management Decisions
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Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch Companies Investments
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ADES Holding secures $3bn dual-currency debt facility from local, regional listed entities Companies Investments
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Eaton Middle East launches anti-counterfeit Asset Manager application Companies Investments
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Stride Ventures makes 1st GCC investment of $1m in Maalexi Banking and Finance
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Servme, MyFatoorah partner to enhance digital payments in Middle Eastern restaurants Companies Investments
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Saudi Arabia tops MENA's VC funding in H1-24 – Report Global Economy
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GCC’s project awards drop 20% YoY in Q2-24 – Report Sector Reports
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NOW Money, Mastercard partner to foster payment in GCC Global Economy
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Act Financial seeks stakes in real estate, logistics companies – Managing Partner Mergers and Acquisitions
Assem El-Bassal, the CEO of Mubasher Media
Winning Arab Media Award crowns Mubasher.info’s years of hard work – El-Bassal Global Economy
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Global Economy
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Companies Investments
Mostafa Abdelaziz, Managing Partner at Act Financial
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GTN expands commodities offering for digital investing in physical gold and silver
GTN expands commodities offering for digital investing in physical gold and silver Trading Activities
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Islamic Finance
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UK’s fintech firm Offa launches Islamic BTL service for expats in region Sukuk and Islamic Finance
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Islamic Development Bank finances solar, battery projects in Uzbekistan Banking and Finance
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Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia Trading Activities
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2P Prefect Presentation pens SAR 121m facility agreement with Riyad Bank Banking and Finance
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ADIB provides AED 5.5bn sustainable finance in 2023 Banking and Finance
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Arada Developments lists $400m Sukuk on Nasdaq Dubai Real estate
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Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report Sector Reports
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Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic Sukuk and Islamic Finance
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Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance Banking and Finance
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Emirates Islamic issues $750m sustainability sukuk Banking and Finance
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Arab Markets
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Emirates Islamic Bank’s net profit leaps 37% YoY in H1-24 Banking and Finance
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Egypt approves 2,000 MW renewable energy projects by UAE's AMEA Power Companies Investments
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Emirates NBD logs 12% YoY higher profit in H1-24 Financial Results
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Aramco issues $6bn int’l bonds Bonds
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EGX’s indices achieve collective gains on Wednesday Trading Activities
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Tadawul’s indices close Wednesday mixed Trading Activities
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Marafiq joins Miahona’s consortium in Riyadh’s sewage treatment plant Companies Investments
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flydubai to add 7 new aircraft by 2024 Companies Investments
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Saudi Arabian Al Haytham Mining reportedly mulls acquiring stake in Egypt’s Afaq Companies Investments
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US’ Circle K fuel stations to open across Saudi Arabia upon deal with Alsulaiman Group Companies Investments
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International Markets
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