Middle East ETP News
you are currently viewing::Egypt's economic growth likely to accelerate, says bankFebruary 28, 2025-Economic growth in Egypt, the third-largest Arab economy, is expected to accelerate this year, driven by expansion in several sectors including transport, financial services and housing, according to a European development bank. In the 2024-2025 fiscal year to June 30, growth may accelerate to 3.6 percent from 2.4 percent a year before, and 4.6 percent in 2025-2026, the London-based European Bank for Reconstruction and Development (ERBD) said in a report this week on economic prospects for the south and east Mediterranean region. Source: agbi.com |
Saudi Exchange leads market losses across the GCC
June 16, 2025--Tadawul hits 20-month low
Qatar index drops 4%
Fears of a wider regional conflict
Hong Kong and Saudi work on cross-border financial products
May 30, 2025--Hong Kong and Saudi Arabia are considering allowing more cross-border financial products as the two markets seek to deepen financial ties amid rising trade uncertainties.
An exchange-traded fund tracking bonds issued by the Saudi government started trading in Hong Kong on Thursday, the first fixed-income fund listed in the territory to offer such exposure.
Growth in the Middle East and North Africa Forecast to Moderately Accelerate in 2025 Amidst Uncertainty
April 23, 2025—According to the World Bank's latest Middle East and North Africa Economic Update, entitled Shifting Gears: The Private Sector as an Engine of Growth in the Middle East and North Africa, the region is estimated to have grown at a modest 1.9 percent in 2024 and growth is forecast to moderately rise to 2.6 percent in 2025.
