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Egypt’s net foreign reserves rise $2.2bln in June
Egypt secured a $2.7 billion loan from the IMF
Mubasher
Despite downturn, Saudi Arabia pursues goal of doubling size of capital city
The idea is for Riyadh to become a 15 million person city by 2030
Reuters News
Saudi FDIs on the rise for 9 quarters in a row
The investments jumped to about $125.25bln by the end of the first quarter of 2020, posting its highest annual and quarterly levels since 2007
The Saudi Gazette
UAE's 47 billionaires control $163bln wealth, says report
The number of billionaires worldwide rose 8.5% to 2,825 in 2019
Khaleej Times
Sovereign investors ill-prepared for crises, finds report
Managing more than $26.5trln of capital
Reuters News
Billionaire numbers soar 8.5%; wealth hits $9.4trln
The North America and Asia regions saw the strongest growth in billionaire numbers
TradeArabia
BlackRock sees big risk of U.S. easing pandemic support too soon
Emerging markets also faced a greater risk of a policy mistake
Reuters News
Egypt's Mansour Group tops list of Arab family businesses. Which are the rest?
The list included 10 companies more than a century old, and 13 companies formed between 75 and 100 years ago
ZAWYA