THE EDGE INSIGHTS
Latest Economic Insights
Independent economic analysis and market intelligence on regional and global trends.
Egypt’s 5 Largest Listed Banks Earn Combined 71.9 Billion Pounds in Standalone First-Half Profit
Commercial International Bank Egypt (CIB), QNB Egypt, Abu Dhabi Islamic Bank Egypt (ADIB Egypt), Suez Canal Bank and Faisal Islamic Bank of…
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Commodities Wrap 28 August: silver falls 4.31 percent as the 2 year Treasury yield rises 14 basis points after Warsh speech
Silver was down 4.31 percent at 66.44 dollars an ounce and gold 3.30 percent at 4,510.00 dollars an ounce in a snapshot…
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Egypt’s Foreign Holdings of Local Debt Recover 64 Percent From April’s Trough but Stay Below February’s Record
Non-resident holdings of Egypt's local currency government debt reached 36.4 billion dollars by 24 June, recovering most of the ground lost in…
Read more →Commodities Wrap 27 August: Brent gains 2.22 percent and cocoa 6.89 percent as 12 of 16 commodity contracts rise
Brent crude rose 2.22 percent to 89.79 dollars a barrel in quotes captured at 18:46 GMT on 27 August, while 12 of…
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Middle East Market Wrap 27 August: Dubai leads a split session as three markets shut and Saudi large caps fall 0.32 percent
3 of the region's exchanges did not open on Thursday. Boursa Kuwait, The Egyptian Exchange and the Muscat Stock Exchange were all…
Read more →Commodities Wrap 26 August: Gold Falls as US Inflation Data Lifts Rate Hike Bets While Wheat Hits a 52 Week High
Gold fell 1.00 percent to 4,647.50 dollars an ounce on Wednesday, a day after prices touched their highest level since 14 May,…
Read more →Middle East Market Wrap 26 August: Qatar Leads the Main Boards as Oil Falls a Third Day
Most Middle East benchmarks rose on Wednesday even as the commodity that underwrites the region's public finances fell for a third consecutive…
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Qatar Central Bank Issues 5 Billion Riyals of Government Ijarah Sukuk Across Two Tranches
Qatar Central Bank issued 5 billion riyals of Government Ijarah Sukuk on behalf of the Ministry of Finance on Tuesday, allocated across…
Read more →Middle East Market Wrap 25 August: Saudi Arabia Leads as Oil Falls More Than 3 Percent
Most Middle East benchmarks advanced on Tuesday, led by Saudi Arabia and Qatar, with Dubai the clear exception, while the region's dominant…
Read more →Commodities Wrap 24 August: Coffee Jumps 5.9 Percent While Diesel Slides 4.8 Percent
Commodities split hard on Monday. Coffee rose 5.94 percent to 341.80 cents a pound, the largest single move in the complex, while…
Read more →Middle East Market Wrap 24 August: Saudi Arabia Leads the Gulf Higher as Egypt Slips
Middle East markets closed higher on Monday, with Saudi Arabia leading and Egypt the notable exception. The Tadawul All Share Index rose…
Read more →Middle East Market Wrap 23 August: Saudi Arabia and Egypt Jump 1.1 Percent on Reopening
The Middle East reopened higher on Sunday, giving the region its first session to price a weekend of sanctions headlines, Thursday's Wall…
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- The Week Ahead: The Federal Reserve Decides on 29 July, US Growth and Inflation Data Land, and the Megacap Technology Earnings Peak
- Commodities Wrap 1 July: Precious Metals Rebound as Oil Drops Below US$70
- Market Wrap US-Europe 2 July: Dow Hits a Record and Europe Rallies as Soft US Jobs Data Reset Rate Expectations
- Market Wrap US-Europe 30 June: Wall Street Extends Gains and Europe Rises to Close the First Half
- Market Wrap US-Europe 1 July: Wall Street and Europe Slip to Start the Second Half as Warsh Keeps a Firm Line on Inflation