banks

Lebanese central bank seeks to strengthen currency after slump
Middle East

Lebanese central bank seeks to strengthen currency after slump

BEIRUT, Jan 14 (Reuters) – Lebanon’s central bank said on Friday it aimed to boost the Lebanese pound’s valueby easing…
Turkish cenbank seen to cut policy rate by 100bps
Middle East

Turkish cenbank seen to cut policy rate by 100bps

ISTANBUL, Dec 10 (Reuters) – Turkey’s central bank is expected to cut its policy rate by 100 basis points to…
UN warns of ‘colossal’ collapse of Afghan banking system
Middle East

UN warns of ‘colossal’ collapse of Afghan banking system

UNITED NATIONS, Nov 22 (Reuters) – The United Nations on Monday pushed for urgent action to prop up Afghanistan’s banks,…
UBS eyes Mideast expansion with new wealth desk in Dubai -memo
Middle East

UBS eyes Mideast expansion with new wealth desk in Dubai -memo

DUBAI, Oct 21 (Reuters) – UBS (UBSG.S) will establish a new wealth desk in Dubai that will add coverage of…
Abu Dhabi’s state holding firm ADQ hires more bankers as it steps up deal-making
Middle East

Abu Dhabi’s state holding firm ADQ hires more bankers as it steps up deal-making

DUBAI, Sept 19 (Reuters) – Abu Dhabi’s $110 billion state holding company ADQ has hired scores of investment bankers from…
Afghans struggle with empty ATMs, soaring prices
Middle East

Afghans struggle with empty ATMs, soaring prices

Over a week after the Taliban’s takeover of Afghanistan’s capital Kabul, its residents are reeling from a severe shortage of cash…
Friday’s US dollar to Egyptian pound exchange rates
Business

Friday’s US dollar to Egyptian pound exchange rates

On Friday, the US dollar recorded LE15.63 for purchase and LE15.70 for sale at Banque Misr and the National Bank…
Friday’s US dollar to Egyptian pound exchange rates
Business

Friday’s US dollar to Egyptian pound exchange rates

The US dollar to Egyptian pound exchange rate on Friday recorded LE15.63 for purchase and LE15.73 for sale in the…
Friday’s Euro to Egyptian pound exchange rate
Business

Friday’s Euro to Egyptian pound exchange rate

The Euro to Egyptian pound exchange rate on Friday recorded LE18.48 for purchase and LE18.63 for sale at the NBE…
UAE’s top banks post strong Q2 net profit amid recovery from pandemic
Middle East

UAE’s top banks post strong Q2 net profit amid recovery from pandemic

DUBAI, July 28 (Reuters) – United Arab Emirates’ biggest lenders First Abu Dhabi Bank (FAB.AD) and Emirates NBD (ENBD.DU), posted…
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