central bank

Lebanon’s PM denies meddling in judiciary over financial probe
Middle East

Lebanon’s PM denies meddling in judiciary over financial probe

BEIRUT, Jan 12 (Reuters) – Lebanon’s prime minister said on Wednesday the government had not interfered with the judiciary’s work,…
Lira on four-day skid as Ankara struggles to hold confidence
Middle East

Lira on four-day skid as Ankara struggles to hold confidence

ISTANBUL, Dec 30 (Reuters) – The Turkish lira fell as much as 6% on Thursday, extending a four-day slide after…
Turkey hikes minimum wage by 50% in face of lira crisis
Middle East

Turkey hikes minimum wage by 50% in face of lira crisis

ANKARA, Dec 16 (Reuters) – Turkey will hike its minimum wage by a massive 50% to 4,250 lira ($275.44) per…
European Central Bank to taper pandemic stimulus, but gently
World

European Central Bank to taper pandemic stimulus, but gently

FRANKFURT, Germany (AP) — The European Central Bank decided Thursday not to abruptly pull back pandemic support for the economy…
Euro, dollar steady with Omicron fears and central bank moves in focus
World

Euro, dollar steady with Omicron fears and central bank moves in focus

London, Dec 9 (Reuters) – The euro, sterling and dollar stabilized on Thursday amid hopes some COVID-19 vaccines might be…
Egyptian court lifts seizure order on funds of Gamal and Alaa Mubarak
Egypt

Egyptian court lifts seizure order on funds of Gamal and Alaa Mubarak

On Tuesday the Economic Court in Cairo decided to lift the seizure order on the funds of Gamal and Alaa…
Lebanon’s central bank denies Swiss report about 2016 IMF paper
Middle East

Lebanon’s central bank denies Swiss report about 2016 IMF paper

BEIRUT, Oct 8 (Reuters) – Lebanon’s central bank denied on Friday a Swiss newspaper report that alleged the International Monetary…
Egypt’s headline inflation edged up to 5.7% in August: CAPMAS
Egypt

Egypt’s headline inflation edged up to 5.7% in August: CAPMAS

Egypt’s annual urban consumer price inflation accelerated slightly to 5.7 percent in August from 5.4 percent in July, reaching its…
Anger in Lebanon over central bank ending of fuel subsidies
Middle East

Anger in Lebanon over central bank ending of fuel subsidies

BEIRUT (AP) — Lebanon’s caretaker prime minister on Thursday called a decision by the central bank to end subsidies to…
Egypt eyes surge in fintech investment after new laws
Features/Interviews

Egypt eyes surge in fintech investment after new laws

New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the…
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