
Egypt has allocated a 174-square-kilometre plot along its Red Sea coast to the Ministry of Finance for issuing Islamic bonds and reducing public debt, as part of its strategy to leverage state-owned assets and attract foreign capital.

Abu Dhabi is seeing a surge in financial firms, leveraging its vast oil reserves and wealth funds to diversify its economy. The number of firms in Abu Dhabi Global Markets increased by 32% last year, and the city has become a major investment hub for crypto and artificial intelligence firms.
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