money
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…
Abu Dhabi outshines Middle East markets in 2021
Middle East
January 1, 2022
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
September 15, 2021
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
September 7, 2021
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
September 5, 2021
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
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…
Kuwait’s 2020-21 budget deficit increases 175 percent to record 10.8 bln dinars
Middle East
August 7, 2021
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…
CBE confirms continued validity of all paper currencies
Egypt
August 3, 2021
CBE confirms continued validity of all paper currencies
Ahead of introducing new polymer bills into the Egyptian market, the Central Bank of Egypt confirmed that all paper currency…
Paymob and Codashop present new online payment methods for Egyptian gamers
Business
July 7, 2021
Paymob and Codashop present new online payment methods for Egyptian gamers
Paymob announced in late June its collaboration with Codashop to provide convenient payment solutions in Egypt for mobile and console…