banks
CBE announces one-week holiday for banks in Egypt for Eid al-Adha
Egypt
July 5, 2022
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
April 24, 2022
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
April 21, 2022
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
April 11, 2022
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
February 13, 2022
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
January 15, 2022
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
December 11, 2021
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
November 22, 2021
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
October 22, 2021
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
September 19, 2021
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…