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Kuwait’s annual inflation rate rose 2.19% in June, driven by higher prices for food, transport, healthcare, education, clothing, and other consumer goods, according to official data. Food and beverages saw the largest increase at 5.55%, while miscellaneous goods and services climbed 5.8%.

Clock21/07/2026

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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