Egypt’s annual urban inflation rose to 14.9% in July, up from 14.3% in June, according to CAPMAS. While urban food and beverage prices fell 0.6% month-on-month, they remained 8.0% higher than a year earlier, highlighting persistent inflationary pressures despite signs of easing in monthly food costs.

The UAE and Saudi Arabia led MENA’s outbound investment in H1 2026, completing 119 deals worth $25.5 billion, according to EY. Overall, the region recorded 390 M&A deals worth $46.7 billion, while the UAE remained the top destination for inbound investment.

Qatar National Bank (QNB) is seeking to raise a $2 billion five-year senior unsecured term loan in the Asian market, according to LSEG’s Loan Connector. The facility, priced at 75 basis points over compounded SOFR, will refinance a $2 billion loan completed in 2023, with signing expected in September.
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