Arabic Business Press, in English
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Real Madrid Posts Record €1.22bn Revenue Despite Empty Trophy Cabinet
The Spanish giant became the first sports organisation globally to breach €1.2 billion in annual revenue, driven by a re...
UBS Unveils $3 Billion Share Buyback After Q2 Profit Surge, but Warns on Geopolitical Risks
UBS announced a $3bn share buyback after Q2 earnings beat estimates with a 17% net income jump, but warned of near-term ...
SK Hynix Record Quarter Misses Lofty AI Forecasts, Shares Tumble 15%
SK Hynix posted record Q2 revenue and profit but fell short of sky-high analyst estimates, reigniting fears of a slowdow...
MSX30 Inches Higher as OQEP and Ceramics Lead Gainers
Muscat’s main index added 0.15% in early trade, with OQ Exploration and Production and Al Anwar Ceramic Tiles among the ...
Elon Musk’s X Launches ‘X Money’ with 6% Deposit Yield and Visa Debit Card
Social media platform X (formerly Twitter) is rolling out a invite‑only digital wallet and payments service that pays 6%...
Aswan to Cut Water for 12 Hours Across 12 Districts for Sewage Repairs
A planned outage will affect multiple neighbourhoods in Aswan from Friday evening to Saturday morning while crews fix a ...
Egypt's Development Challenge: Strengthening the Middle Class While Fighting Poverty
An op-ed from Egypt argues that sustainable growth hinges on protecting the middle class alongside anti-poverty programs...
Prince Alwaleed Takes 5% Stake in Lucid Motors, Adding $2 Billion Weight to Saudi EV Push
Saudi billionaire Prince Alwaleed bin Talal disclosed a nearly $2 billion stake in Lucid Motors, a personal bet that dee...
UAE and Meta Discuss Digital Governance, AI, and Creative Economy Partnership
UAE’s National Media Authority and Meta met in London to explore collaboration on content safety, responsible AI, and in...
Tunis Stock Market Drops 3.5%, Circuit Breaker Triggers Trading Halt
The Tunis Stock Exchange suffered a sharp 3.47% drop on Tuesday, with the Tunindex plunging 710 points and triggering an...
Sohar Power Leads Muscat Market Gains as Index Jumps 0.86%
Energy stocks surged on the Muscat Securities Market Tuesday, with Sohar Power up 10%, while the main index added 0.86%....
Mubasher Publishes Daily Prices for Egyptian Money Market and Fixed Income Funds
The latest unit prices for Egypt’s fixed-income and money-market funds, released through the Mubasher Trade platform, gi...
Arab African International Bank Partners with Zain Tech to Accelerate Corporate Digitalization in Egypt
A memorandum of understanding between AAIB and the Zain Group’s digital arm aims to equip Egyptian businesses with AI, I...
MBC Group Stock Hits All-Time Low as Selling Pressure Mounts
Shares of MBC Group (Tadawul: 4072) have tumbled to new record lows, breaching critical technical support and prompting ...
Zain Saudi Arabia Q2 Profit Soars 60.6% to SAR 204mn on 5G Consumer Gains
Zain KSA's second-quarter net profit surged to SAR 204 million from SAR 127 million a year earlier, driven by a richer r...
Asian Chip Stocks Tumble as AI Spending Doubts Spark Largest Sell-Off in Months
Shares of semiconductor leaders SK Hynix, Samsung, and TSMC plunged in Asian trading Tuesday, wiping billions in market ...
Al-Mabanee half-year profit slides 35.6% after prior-year land sale gain and hospitality slump
Kuwait real estate and hospitality group Al-Mabanee posted a 7.8% drop in second-quarter net income to KWD 15.6 million,...
Ooredoo Lets You Take 5G Home Internet to Dhofar This Khareef
Ooredoo is offering free portability for its 5G Home Internet service during Oman’s Khareef season, allowing customers t...
Egypt's Subsidy Overhaul: Steps for the 850,000 Who Got 'Not Eligible' on Their Ration Cards
As Egypt prepares to launch a new subsidised bread and supply system in August, the Ministry of Supply details how the 8...
Jeddah Tower Reaches 430 Metres, Closing In on World’s Tallest Building Title
Saudi Arabia’s Jeddah Tower has hit a 430 m construction milestone, taking it closer to a planned height of over 1,000 m...
Australian Ambassador: Egypt Can Capture Share of $40bn Africa Mining Investments
Axel Wabenhorst tells Al Borsa that Egypt’s new mining concessions, infrastructure upgrades and reforms position it to a...
Egypt Launches Unified Digital Licensing System for Commercial Shops
A new one-stop platform slashes bureaucracy, promising temporary permits within a week and a fully digital, inter-agency...
PM Burnham: No Stamp Duty Adjustments in Next Budget
British Prime Minister Andy Burnham confirmed the government will not alter stamp duty land tax in the upcoming budget, ...
Macquarie Sees Oil Surplus by Year-End as US Election Pressures Trump Toward Iran Deal
Macquarie forecasts a return to oversupply with a 2 million bpd surplus in Q4, doubling in early 2027, driven by midterm...
European Stocks Gain as US-Iran De-escalation Sends Oil Tumbling; Travel Shares Surge
Easing geopolitical tensions and a 6% crude slide buoyed risk appetite, lifting travel and leisure stocks while tech ear...
US stock sector gaps flash warning as dispersion hits record
Extreme weekly performance gaps between US equity sectors, echoing patterns seen at the 2000 and 2009 peaks, are prompti...
Oman Leads Regional Diplomacy to Ease Tensions Around Strait of Hormuz
Oman’s foreign minister held phone talks with counterparts from Saudi Arabia, Qatar, Kuwait, Egypt and Iran, focusing on...
Egypt Stocks Rise as Foreign Institutions Buy; Market Cap Adds EGP 18bn
The EGX30 rose 0.4% while the EGX70 small-cap index surged 1.5% on Monday, driven by foreign institutional purchases. Gl...
Egypt's Textile Modernization Nears Phase Two Completion, Deputy PM Says
Deputy Prime Minister Hussein Eissa inspected the national textile overhaul at Misr Spinning in Mahalla, where the secon...
Bank Muscat, OQ Basic Industries Lead Muscat Exchange Trading
Bank Muscat and OQ Basic Industries topped trading value on the Muscat Stock Exchange on Monday, with the main index gai...
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