Thursday, October 15, 2026
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Editors pick

Arab Bank Group reports record net profit of USD 1.13 billion for 2025, 40% cash dividends

Arabiya Capital -
Arab Bank Group achieved strong financial performance for the year ending December 31, 2025, with a net profit after tax USD 1130 million compared...
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CAB global markets secures ADGM licence to enhance global reach

Arabiya Capital -
Crown Agents Bank (CAB), the UK regulated specialist bank with nearly 200 years of heritage, announced that its Middle Eastern subsidiary, CAB Global Markets...
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National Bank of Fujairah concludes CASA campaign, celebrates business banking clients’ growth

Arabiya Capital -
National Bank of Fujairah (NBF) marked the successful conclusion of its Business Banking CASA campaign, rewarding clients who demonstrated strong balance growth and reinforcing...
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Egypt business conditions contracts further in July. Here’s why

Arabiya Capital Staff -
Business conditions in Egypt contracted further in July, albeit at a slower pace than the previous month’s two-year low, due to a decrease in...
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Furniture marketplace startup Homzmart raises $23 million to support regional expansion

Arabiya Capital Staff -
Egyptian furniture and e-commerce marketplace Homzmart said Monday that it raised $23 million in a Pre-Series B funding round to support the startup’s regional...
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Egypt needs progress on fiscal and structural reform, says IMF

Arabiya Capital Staff -
The International Monetary Fund (IMF) said Tuesday that Egyptian authorities need to make “decisive progress” on fiscal and structural reform as well as foster...
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Allianz to reportedly hold 40% stake in $2 billion joint venture with Sanlam

Arabiya Capital Staff -
Allianz, Germany’s multinational financial services provider, will reportedly hold a 40% stake in its $2 billion joint venture with South Africa’s Sanlam Group. Allianz and...
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Cartona raises $12 million in series A funding round for further expansion

Arabiya Capital Staff -
Egyptian B2B e-commerce startup said Monday that it raised $12 million in a Series A funding round led by Jordan and US-based firm Silicon...
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Egypt’s cabinet approves listing of army companies Wataniya and Safi

Arabiya Capital Staff -
Egypt’s cabinet approved the pre-listing procedures for military companies, petrol stations operator Wataniya Petroleum and water company National Company for Producing and Bottling Water...
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Sudan-based fintech startup Bloom raises $6.5 million from Y Combinator and Visa

Arabiya Capital Staff -
Sudanese fintech firm Bloom has reportedly raised $6.5 million in a seed funding round led by payments giants Visa, Y Combinator, US-based VCs Global...
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