Tuesday, June 30, 2026

Egyptian Banks Raise Deposit Rates as Loan Demand Strengthens

Egyptian banks are intensifying competition for Egyptian pound deposits as strengthening demand for local-currency lending prompts lenders to secure...

Africa Tops World Cup Continents with Record 90% Knockout Qualification Rate

Africa has emerged as the defining success story of the 2026 FIFA World Cup, with nine of its ten...

EGX Falls While Dollar IPO Strategy Broadens Egypt’s Market Appeal

Cairo — Egyptian equities closed mixed on Monday, with the benchmark EGX30 falling below the 50,000-point level as foreign...

Tabby Becomes Licensed Consumer and SME Lender in Saudi Arabia

Saudi fintech company Tabby has secured Consumer Finance and Small and Medium Enterprise (SME) Finance licences from the Saudi...

El-Sisi Accelerates Suez Canal Shipbuilding Strategy as Exports Reach Europe

President Abdel Fattah El-Sisi has reinforced Egypt's ambition to transform the Suez Canal Authority (SCA) from a global waterway...

Goldman Sachs Sees Egyptian Pound Rising to EGP46 Against Dollar Within 12 Months

Goldman Sachs expects the Egyptian pound to strengthen steadily over the next 12 months, forecasting the exchange rate to...

Oman and France Forge Strategic Investment Partnership Through 12-Deal Economic Package

State visit delivers a broad package spanning renewable energy, water, logistics, transport, innovation and education, reinforcing Oman’s Vision 2040...

How Hollywood and Luxury Brands Created a Win-Win Business Model

The Devil Wears Prada 2" Surpasses $676 Million Worldwide as the Franchise Joins the Billion-Dollar Club The Devil Wears Prada...

How Gulf Energy Logistics Could Evolve After the Hormuz Crisis

When TotalEnergies Chief Executive Patrick Pouyanné urged Gulf producers to prioritise pipelines capable of bypassing the Strait of Hormuz,...

The Middle East Observer

Each story in our ever growing library can be accessed through our membership program. Subscribe and receive instantaneous and unlimited access!

spot_img

Top 7 This Week

Australia’s Social Media Law Could Rewrite the Rules of the Digital Economy

Australia's decision to strengthen enforcement of its ban on social media access for children under the age of 16 may ultimately be remembered as...

Iran Re-enters Asian Oil Race with Discounted Crude Offers

Iran is moving quickly to reinsert itself into Asia's energy market after a temporary US sanctions waiver opened a narrow window for renewed oil...

Our Authors

Don't Miss

Real-estate

Polaris injects a $97 million investment into Egypt’s Housing sector

Diversification is driving the next phase of growth for Polaris Parks as the Turkish-backed industrial developer enters Egypt's residential...

Economics

Tenders

Recommended Articles

Recommended

Africa

Africa Tops World Cup Continents with Record 90% Knockout Qualification Rate

Africa has emerged as the defining success story of...

Egypt and Rwanda Move to Build African AI Partnership

Egypt and Rwanda are moving to deepen cooperation in...

Ericsson Sees Sub-Saharan Africa’s 5G Subscriptions Surging from 30m in 2025 to 370m by 2031

Sub-Saharan Africa is set to become the world's fastest-growing...

Profit-Taking Erases $2.6bn from Nigerian Exchange as Rally Faces Valuation Test

Nigeria's equity market suffered one of its sharpest single-day...

AI Becomes Europe’s New Weapon in Africa’s Critical Minerals Race

Artificial intelligence is becoming a critical instrument in the...