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Saudi SABIC likely to report $82mln loss in Q2 2026
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SABIC is expected to post a SAR308 million net loss in the second quarter of 2026, according to Riyad Capital, as lower petrochemical exports and shipping disruptions through the Strait of Hormuz weigh on performance. Revenue is also forecast to decline 41% year-on-year to SAR21 billion.

Clock13/07/2026
Arab National Bank prices $750mln PNC5.5 AT1 sukuk

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 mull special economic zones integration to boost trade

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.

The Sudden Unraveling of Wall Street’s Momentum Trade

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

Qatar Central Bank issues Government Ijarah Sukuk worth over $1.37bln
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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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