money

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, 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

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

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

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…
West Africa’s Eco currency plan remains a pipe dream
World

West Africa’s Eco currency plan remains a pipe dream

Since its conception in 2003, leaders of the fifteen-member Economic Community of West African States (ECOWAS) have postponed the launch of…
Monday’s exchange rate for foreign currencies at National Bank of Egypt
Business

Monday’s exchange rate for foreign currencies at National Bank of Egypt

Al-Ahram online has published exchange rate for foreign currencies such as the sterling pound and others at the National Bank…
Upper Egypt family discovers father’s banking account with LE22 million
Egypt

Upper Egypt family discovers father’s banking account with LE22 million

A family in Sohag governorate’s Gerga city found a fortune of an estimated LE22 million in the bank account of…
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