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Major U.S. banks remain upbeat about second-quarter performance despite geopolitical tensions, higher fuel prices, and ongoing disruptions in the Strait of Hormuz. Strong trading, investment banking, lending activity, and rising AI-related investment are helping drive revenue growth, while resilient consumer spending continues to support the sector.
01/06/2026
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.
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