money

US dollar climbs to its highest level in 20 years
Economy

US dollar climbs to its highest level in 20 years

The US dollar rose to a 20-year high on Monday as a combination of rising US Treasury yields and closures…
Recession fears are mounting. Here’s how to protect your money
World

Recession fears are mounting. Here’s how to protect your money

Warnings of a potential recession aren’t surprising given how many tripwires there are in today’s economy. A push by the…
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…
Abu Dhabi outshines Middle East markets in 2021
Middle East

Abu Dhabi outshines Middle East markets in 2021

Dec 30 (Reuters) – Stock markets in the Gulf ended 2021 higher, with the Abu Dhabi index exiting the year…
Anti-laundering unit goes off-grid, fraying Afghan ties to global finance
Middle East

Anti-laundering unit goes off-grid, fraying Afghan ties to global finance

LONDON, Sept 15 (Reuters) – A unit in Afghanistan’s central bank leading a 15-year effort to counter illicit funding flows…
El Salvador leads the world into cryptocurrency: bitcoin legal tender
World

El Salvador leads the world into cryptocurrency: bitcoin legal tender

SAN SALVADOR, Sept 7 (Reuters) – El Salvador on Tuesday became the first country in the world to adopt bitcoin…
UAE announces plans to boost economy, attract workers
Middle East

UAE announces plans to boost economy, attract workers

DUBAI, Sept 5 (Reuters) – The United Arab Emirates plans to launch 50 new economic initiatives to boost the country’s…
Afghans struggle with empty ATMs, soaring prices
Middle East

Afghans struggle with empty ATMs, soaring prices

Over a week after the Taliban’s takeover of Afghanistan’s capital Kabul,┬áits residents are reeling from a severe shortage of cash…
Kuwait’s 2020-21 budget deficit increases 175 percent to record 10.8 bln dinars
Middle East

Kuwait’s 2020-21 budget deficit increases 175 percent to record 10.8 bln dinars

CAIRO, Aug 7 (Reuters) – Kuwait’s budget deficit increased 174.8 percent in the 2020-21 year to 10.8 billion dinars ($35.5…
Back to top button