economy
UAE central bank extends some stimulus measures until mid-2022
Middle East
April 20, 2021
UAE central bank extends some stimulus measures until mid-2022
The United Arab Emirates central bank said on Tuesday it has extended until mid-2022 some stimulus measures introduced last year…
Syrian pound improves after central bank raises exchange rate
Middle East
April 19, 2021
Syrian pound improves after central bank raises exchange rate
AMMAN (Reuters) – Syria’s currency rose on Sunday in the first day of trading after the central bank raised 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…
US Dollar to Egyptian pound exchange rate for Tuesday
Business
April 6, 2021
US Dollar to Egyptian pound exchange rate for Tuesday
The US dollar to Egyptian pound exchange rate on Monday recorded LE15.64 for purchase and LE15.74 for selling in the…
Cash-strapped Sudan clears overdue payments to World Bank
Middle East
March 27, 2021
Cash-strapped Sudan clears overdue payments to World Bank
CAIRO (AP) — The Sudanese government said Friday it cleared all of its overdue payments to the World Bank, a…
US dollar to Egyptian pound exchange rates for Thursday
Economy
March 25, 2021
US dollar to Egyptian pound exchange rates for Thursday
The US dollar to Egyptian pound exchange rate on Monday recorded a low of LE15.69 for purchase and LE15.79 for…
Dubai implements ‘Operation 300bn’ to advance UAE’s industrial sector
Middle East
March 24, 2021
Dubai implements ‘Operation 300bn’ to advance UAE’s industrial sector
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai announced the launching…
National Bank of Egypt’s foreign currency exchange rates for Tuesday
Business
March 23, 2021
National Bank of Egypt’s foreign currency exchange rates for Tuesday
Tuesday’s exchange rates for foreign currencies at the National Bank of Egypt are as follows: The US dollar is LE15.66…
Saudi oil giant Aramco reports 30% drop in payments to state
Middle East
March 22, 2021
Saudi oil giant Aramco reports 30% drop in payments to state
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30 percent less in…
Turkish lira plunges to near record lows on cenbank chief’s sacking
Middle East
March 22, 2021
Turkish lira plunges to near record lows on cenbank chief’s sacking
ISTANBUL (Reuters) – Turkey’s lira slid 15 percent to a near all-time low on Monday after President Tayyip Erdogan’s shock…