MARKETS Archives

Amazon's Market Value Drops by USD 134 Billion

– Amazon shares fell by 8.8 percent on August 2, resulting in a USD 134 billion reduction in the company’s market value and a $15.2 billion drop in Jeff Bezos’s net worth, bringing it down...

by WAYA Staff - Aug 5, 2024

Markets

What Tarmeez Capital’s IE University Deal Says About Saudi Fintech’s Talent Problem

Tarmeez Capital, a Saudi AI-powered fintech firm licensed by the Capital Market Authority, has signed a strategic agreement with IE...

by WAYA Staff - May 20, 2026

Markets

Saudi Arabia & UAE Cut US Treasury Holdings by USD 16.6B in March

Saudi Arabia and the UAE reduced their holdings of US Treasury securities in March, joining a broader global pullback by...

by WAYA Staff - May 19, 2026

Markets

Magrabi Retail to Acquire Majority Stake in Egypt’s Baraka Optics

Egypt’s optical retail market is seeing a new consolidation play. Magrabi Retail announced plans to acquire a 51% stake in...

by WAYA Staff - May 18, 2026

Markets

Egypt’s Consumer Finance Market Surges 57% to USD 1.8B

FRA data points to deeper adoption of non-banking finance across lending, investment, insurance, and capital markets as fintech expansion broadens...

by WAYA Staff - May 17, 2026

Markets

Egypt Prepares New State-Owned Companies for EGX Listings

The listings programme and updated State Ownership Policy aim to expand private-sector participation, improve governance of state assets, and support...

by WAYA Staff - May 14, 2026