11 November 2026 · Daily briefing
Wednesday briefing — Egypt’s remittances reach $13 billion as Kuwait opens fixed-income market
By Mina Lawendy · Egypt · Saudi Arabia · UAE · Kuwait · Oman · Qatar · Regional / global
Egypt recorded $13 billion in July–September remittances, and Boursa Kuwait opened its fixed-income market with a Kuwait Finance House sukuk listing. Oman issued financial-centre laws, ADNOC Gas raised its earnings guidance, and U.S. consumer prices rose 0.4% in October.
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What remains uncertain
What to watch
Developments to follow from this edition’s watchlist. These are monitoring points, not assigned probabilities or predicted outcomes.
- Watch the Official Gazette for the effective dates of Oman’s four financial-centre decrees.
- Track further bond and sukuk listings on Boursa Kuwait after the inaugural KFH listing.
- Follow U.S. yields after the October inflation release for changes in dollar funding conditions.
Egypt · Economy
Egypt’s quarterly remittances reach $13 billion
What happened
Remittances from Egyptians abroad rose 20.4% year on year to $13 billion in July–September 2026, the first quarter of FY2026/27, Ahram Online and Business Today reported, citing central bank data.
Why it may matter
The September quarter took January–September 2026 inflows to about $38.2 billion, up from $30.2 billion in the same period of 2025.
- Ahram Online · public reporting of central bank data
- Business Today Egypt · public reporting of central bank data
Egypt research and data · Inflation history · GDP growth history · Interactive dashboard
Egypt · Companies
Egypt’s CIB reports EGP63.1 billion in nine-month net income
What happened
Commercial International Bank reported EGP63.1 billion in consolidated net income for January–September 2026, up 2% year on year. Third-quarter net income was EGP23.8 billion.
Why it may matter
CIB reported 18% nine-month profit growth after adjusting for one-off items in both periods. That adjustment explains the gap with reported growth.
- Sharecast · hosted CIB regulatory earnings release
- Daily News Egypt · public reporting of CIB results
Egypt research and data · Inflation history · GDP growth history · Interactive dashboard
Saudi Arabia · Companies
Saudi Energy’s nine-month revenue rises 11.5%
What happened
Saudi Energy reported January–September revenue of SAR87.2 billion, up 11.5% year on year, and net profit of SAR12.1 billion, up 4.3%, according to Saudi Gazette.
Why it may matter
The utility’s regulated asset base grew 16.6% year on year to SAR278.8 billion by end-September.
Saudi Arabia research and data · Inflation history · GDP growth history · Interactive dashboard
Saudi Arabia · Markets
Reuters reports Saudi PIF is exploring new funding routes
What happened
Saudi Arabia’s Public Investment Fund is weighing funding options including securitisation and sales of stakes in some portfolio companies, Reuters reported, citing unnamed sources.
Why it may matter
The options are under discussion. Reuters reported that disagreements over valuations and control had complicated some early talks with investors.
Saudi Arabia research and data · Inflation history · GDP growth history · Interactive dashboard
UAE · Companies
ADNOC Gas raises 2026 guidance after quarterly profit rebound
What happened
ADNOC Gas reported $1.34 billion in third-quarter 2026 net income, up 101% from the second quarter. It raised its full-year net income guidance to at least $4 billion.
Why it may matter
The company’s board approved a $940 million quarterly dividend, payable in December.
UAE research and data · Inflation history · GDP growth history · Interactive dashboard
Kuwait · Markets
Boursa Kuwait launches fixed-income platform with KFH sukuk
What happened
Boursa Kuwait announced its first fixed-income listing, KWD200 million of Kuwait Finance House perpetual Additional Tier 1 sukuk. The securities were issued in May and carry an initial annual distribution rate of 5.5%.
Why it may matter
The listing brings an existing bank capital instrument onto the exchange and opens a route for future bond and sukuk listings.
Kuwait research and data · Inflation history · GDP growth history · Interactive dashboard
Oman · Policy
Oman issues four decrees for its financial centre
What happened
Oman issued four decrees covering employment, regulation, courts and the application of top-up tax to constituent entities of multinational groups in its financial centre.
Why it may matter
Each decree takes effect the day after publication in the Official Gazette, according to the government’s announcement.
- Oman Foreign Ministry · official Arabic decree announcement
- Oman Foreign Ministry · English rendering of the decree announcement
Oman research and data · Inflation history · GDP growth history · Interactive dashboard
Qatar · Companies
Qatar’s Lesha Bank agrees staged sale of six A380s
What happened
Lesha Bank agreed to sell six Airbus A380s to Emirates on behalf of Lesha Aviation Fund. The bank said two had been delivered and four are due in stages through April 2028.
Why it may matter
The remaining transfers are timed to the expiry of each aircraft’s lease.
- Lesha Bank · issuer transaction announcement
- QNA · state news agency reporting of issuer announcement
Qatar research and data · Inflation history · GDP growth history · Interactive dashboard
Regional / global · Economy
U.S. consumer prices rise 0.4% in October
What happened
U.S. consumer prices rose 0.4% month on month in October 2026 on a seasonally adjusted basis, following September’s 0.6% rise. Core prices rose 0.3%, matching September’s pace.
Why it may matter
Reuters reported higher Treasury yields after the release. Missing October 2025 data prevented publication of the headline 12-month comparison.