banks

CBE announces one-week holiday for banks in Egypt for Eid al-Adha
Egypt

CBE announces one-week holiday for banks in Egypt for Eid al-Adha

The Central Bank of Egypt (CBE) announced the suspension of work in all banks operating in Egypt from Sunday, July…
US dollar exchange rates in Egypt banks on Sunday
Business

US dollar exchange rates in Egypt banks on Sunday

The US dollar exchange rate maintained stable prices on Sunday, with rates increasing by eight piasters on Thursday. The US…
US dollar price jumps 8 piasters on Thursday
Business

US dollar price jumps 8 piasters on Thursday

On Thursday, US dollar price for purchase and sale jumped eight piasters all at once during tradings in the National…
US dollar exchange rate in Egypt maintains stable prices
Egypt

US dollar exchange rate in Egypt maintains stable prices

The National Bank of Egypt announced the update of currency rates on Monday. The US dollar maintained stable price:s while…
Turkey’s new credit guarantee fund package worth 60 bln lira, minister says
Middle East

Turkey’s new credit guarantee fund package worth 60 bln lira, minister says

ANKARA, Feb 12 (Reuters) – Turkey’s finance minister announced on Saturday a new credit guarantee fund package worth 60 billion…
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…
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