The Sovereign Fund of Egypt (SFE) started receiving offers from investors to buy shares of Wataniya and Safi companies, affiliated to...

Iraq, OPEC’s second-largest producer, has agreed to the 30% stake instead 40% stake in TotalEnergies long-delayed $27 billion project. Reuters reported that Iraq has...

Kaf Insurance, an Egyptian insurance company, has selected DXC Technology, a technology services provider, to drive its digital transformation  DXC Technology will be providing data analytics,...

Saudi Arabia’s Shaker Group, a leading importer, manufacturer, and distributor of home appliances, has announced that the company finalized acquiring a 10% stake in Cashew Arabia Company for...

Acasia Angels, a global angel investment group, has joined the 485,000 euros pre-seed investment round in Athens-based retail apparel swap platform Swaplanet, according to a...

Abu Dhabi-listed AD Ports Group has signed a US$2 billion financing agreement with a syndicate of 13 banks, Reuters reported. The multi-currency...

Saudi Arabia’s Public Investment Fund will make investments at US$38 billion to develop and publish top-tier games, and support gaming...

Egypt’s Financial Regulatory Authority (FRA) approved GIG Egypt, a Kuwaiti Gulf Insurance Group’s (GIG) subsidiary, acquisition of AIG Egypt for $6.41 million, according to...

Saudi Arabian auto rental firm Lumi has hired Saudi Fransi Capital and EFG Hermes to arrange the sale of 30% of its...

Saudi Arabia and other OPEC+ oil producers announced a surprised oil output cuts of around 1.16 million barrels per day, a move that surged oil...