central bank
Turkey hikes minimum wage by 50% in face of lira crisis
Middle East
December 17, 2021
Turkey hikes minimum wage by 50% in face of lira crisis
ANKARA, Dec 16 (Reuters) – Turkey will hike its minimum wage by a massive 50% to 4,250 lira ($275.44) per…
European Central Bank to taper pandemic stimulus, but gently
World
December 16, 2021
European Central Bank to taper pandemic stimulus, but gently
FRANKFURT, Germany (AP) — The European Central Bank decided Thursday not to abruptly pull back pandemic support for the economy…
Euro, dollar steady with Omicron fears and central bank moves in focus
World
December 9, 2021
Euro, dollar steady with Omicron fears and central bank moves in focus
London, Dec 9 (Reuters) – The euro, sterling and dollar stabilized on Thursday amid hopes some COVID-19 vaccines might be…
Egyptian court lifts seizure order on funds of Gamal and Alaa Mubarak
Egypt
November 2, 2021
Egyptian court lifts seizure order on funds of Gamal and Alaa Mubarak
On Tuesday the Economic Court in Cairo decided to lift the seizure order on the funds of Gamal and Alaa…
Lebanon’s central bank denies Swiss report about 2016 IMF paper
Middle East
October 8, 2021
Lebanon’s central bank denies Swiss report about 2016 IMF paper
BEIRUT, Oct 8 (Reuters) – Lebanon’s central bank denied on Friday a Swiss newspaper report that alleged the International Monetary…
Egypt’s headline inflation edged up to 5.7% in August: CAPMAS
Egypt
September 9, 2021
Egypt’s headline inflation edged up to 5.7% in August: CAPMAS
Egypt’s annual urban consumer price inflation accelerated slightly to 5.7 percent in August from 5.4 percent in July, reaching its…
Anger in Lebanon over central bank ending of fuel subsidies
Middle East
August 12, 2021
Anger in Lebanon over central bank ending of fuel subsidies
BEIRUT (AP) — Lebanon’s caretaker prime minister on Thursday called a decision by the central bank to end subsidies to…
Egypt eyes surge in fintech investment after new laws
Features/Interviews
June 24, 2021
Egypt eyes surge in fintech investment after new laws
New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the…
Egypt’s current account deficit reaches US$7.6 bn in December 2020: CBE
Economy
April 14, 2021
Egypt’s current account deficit reaches US$7.6 bn in December 2020: CBE
Egypt’s current account deficit rose to US$7.6 billion from July to December 2020 from $4.6 billion a year ago, the…
Iraq’s central bank devalues dinar by 22 percent amid public anger
Middle East
December 20, 2020
Iraq’s central bank devalues dinar by 22 percent amid public anger
BAGHDAD (AP) — Iraq’s Central Bank on Saturday announced it will devalue the Iraqi dinar by over 20 percent in…