The Tadawul All Share Index (TASI) dropped around 4.5% at the opening of trading on Sunday, March 1st, as regional markets came under pressure following escalating military tensions involving the US, Israel, and Iran.

The General Authority for Investment and Free Zones (GAFI) has launched a digital platform for economic performance services as a unified channel for providing specialized technical services to investors.

The Tadawul All Share Index (TASI) of the Saudi Exchange inched down by 0.51% on Sunday, closing at 11,244.36 points, slightly down from 11,302.35 points in the previous session.

The All Share Index of Bahrain Bourse (BHB) gained 0.01% on Tuesday, closing the trading session at 1,943.98 points, versus 1,943.81 points on Monday.

Egypt’s general budget recorded a primary surplus of EGP 130.2 billion from July to October in fiscal year (FY) 2024/2025, equivalent to 0.76% of gross domestic product (GDP).

The total financing granted by entities under the supervision of the Financial Regulatory Authority (FRA), including capital market and non-banking financing activities, has reached EGP 243 billion in the second quarter (Q2) of 2024.

The Egyptian Drilling Company (EDC) has achieved contractual rates of 100% for the second year in a row in 2023.

The Egyptian Exchange (EGX) was one of the best-performing stock markets outside the Gulf Cooperation Council (GCC) region in 2023, reporting the largest year-on-year (YoY) increase of 70.5% in 2023, as per the annual report released by the Arab Federation of Capital Markets (AFCM).

The number of finance lease contracts sealed in the fourth quarter (Q4) of 2024 fell by 19.13% year on year (YoY) to 575, valuing at EGP 39.96 billion, according to the Financial Regulatory Authority’s (FRA) report on Egypt’s non-banking financial services (NBFS) performance for Q4 2023.