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17 July 12:51 PM
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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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Mubadala, Qatar Investment Authority participate in $600m funding in North America’s TEN
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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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GCC companies IPO proceeds shrink 32% YoY in H1-24 – Markaz
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IMF downgrades 2024, 2025 growth forecasts for Egypt, MENA Macroeconomics
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CBRE names new Managing Director for MENA Management Decisions
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Mubadala, Qatar Investment Authority participate in $600m funding in North America’s TEN Companies Investments
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Liquid C2's Cloudmania expands Middle East partner ecosystem with Egypt launch Companies Investments
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GCC companies IPO proceeds shrink 32% YoY in H1-24 – Markaz Sector Reports
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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 Global Economy
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Elsewedy Electric unveils QAR 1bn contract with Qatar’s Kahramaa Companies Investments
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GCC, UK in talks to sign free trade deal by 2024-end Macroeconomics
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Stride Ventures makes 1st GCC investment of $1m in Maalexi Global Economy
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Act Financial seeks stakes in real estate, logistics companies – Managing Partner Global Economy
Assem El-Bassal, the CEO of Mubasher Media
Winning Arab Media Award crowns Mubasher.info’s years of hard work – El-Bassal Global Economy
Ahmed El-Shamsy, the Editor-in-Chief of Mubasher Media
El-Shamsy highlights efforts behind choosing Mubasher.info as Best Economic Platform Global Economy
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Companies Investments
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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 Companies Investments
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Islamic Development Bank finances solar, battery projects in Uzbekistan Sukuk and Islamic Finance
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Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia Sukuk and Islamic Finance
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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 Trading Activities
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Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report Bonds
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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 Sukuk and Islamic Finance
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Emirates Islamic issues $750m sustainability sukuk Sukuk and Islamic Finance
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Arab Markets
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CBUAE, NBE pen currency swap agreement, 2 MoUs Macroeconomics
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Coca-Cola HBC Egypt receives $130m loan from EBRD Banking and Finance
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PIF’s unit, Chinese partners to localise renewable energy technology in Saudi Arabia Companies Investments
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ADNOC Drilling selects Al Ramz Capital as liquidity provider Trading Activities
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IMF downgrades 2024, 2025 growth forecasts for Egypt, MENA Macroeconomics
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Aramco awards $500m offshore projects to Italy’s Saipem Companies Investments
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Aramco invests in Air Products Qudra’s subsidiary through 50% equity acquisition Companies Investments
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Rawasi Albina announces over SAR 13.5m deal to develop project Companies Investments
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Egyptian Exchange’s indices see varied performance on Tuesday Trading Activities
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CBRE names new Managing Director for MENA Management Decisions
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International Markets
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