banks
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…
Afghans struggle with empty ATMs, soaring prices
Middle East
August 25, 2021
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
August 20, 2021
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
August 6, 2021
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
August 6, 2021
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…