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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.

Clock10/08/2026

Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Egypt and Oman are exploring greater integration between their economic and free zones to boost trade, expand market access, and support cross-border manufacturing and re-exports.

Wall Street’s hottest momentum trade has reversed sharply, as former winners tumble and heavily shorted stocks surge.

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QCB issued QAR 5 billion in Government Ijarah Sukuk, attracting QAR 5.5 billion in bids.

Clock26/08/2026
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