bank

Armed man takes hostages at Beirut bank demanding return of frozen funds
Middle East

Armed man takes hostages at Beirut bank demanding return of frozen funds

(CNN) – An armed man held employees and customers hostage at a bank on Beirut’s bustling Hamra street Thursday demanding…
UAE c.bank expects economy to grow 4.2% in 2022
Middle East

UAE c.bank expects economy to grow 4.2% in 2022

DUBAI, Jan 9 (Reuters) – The Central Bank of the United Arab Emirates said it expects the UAE economy to…
Jordan’s Capital Bank plans to acquire Societe Generale Bank Jordan -chairman
Middle East

Jordan’s Capital Bank plans to acquire Societe Generale Bank Jordan -chairman

AMMAN, Dec 26 (Reuters) – The board of Jordan’s Capital Bank approved a mandatory offer to acquire Societe Generale Bank…
Turkey’s cenbank signals a pause will follow its latest rate cut
Middle East

Turkey’s cenbank signals a pause will follow its latest rate cut

ISTANBUL, Dec 16 (Reuters) – Turkey’s central bank signaled a pause to its easing cycle on Thursday after cutting its…
Tuesday’s US dollar to Egyptian pound exchange rate
Business

Tuesday’s US dollar to Egyptian pound exchange rate

The US dollar to Egyptian pound exchange rate on Tuesday recorded LE15.61 for purchase and LE15.70 for sale in The…
UAE central bank expects GDP growth as country recovers from COVID restrictions
Middle East

UAE central bank expects GDP growth as country recovers from COVID restrictions

DUBAI, June 17 (Reuters) – The central bank of the United Arab Emirates said the country’s gross domestic product will…
France opens graft probe into Lebanon’s central bank chief
Middle East

France opens graft probe into Lebanon’s central bank chief

PARIS (AP) — The French national financial prosecutor’s office has opened a preliminary investigation into the actions of Lebanon’s central…
Mohamed Ramadan’s funds allegedly seized by state
Cinema/TV

Mohamed Ramadan’s funds allegedly seized by state

Egyptian Singer and actor Mohamed Ramadan announced on Friday that the state has seized money he deposited into his bank account.…
US Dollar to Egyptian pound exchange rate increases for Wednesday
Business

US Dollar to Egyptian pound exchange rate increases for Wednesday

The US dollar to Egyptian pound exchange rate increased on Wednesday recording LE15.61 for purchase and LE15.71 for sale as…
European Investment Bank’s investments in Egypt reach €9 billion
Business

European Investment Bank’s investments in Egypt reach €9 billion

The European Investment Bank (EIB) will enhance its partnership with Egypt to fund infrastructure projects and small and medium sized…
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