World
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Region
11/7/2020 2:29:14 PM
Turkish President Tayyip Erdogan removed the central bank governor from his post on Saturday and replaced him with former finance minister Naci Agbal after the lira lost 30% of its value since the start of the year
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World
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Region
11/5/2020 5:27:41 PM
Lebanon's plight worsened after it defaulted on its huge foreign currency debt in March following years of financial engineering by the central bank to help fund the government
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World
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Region
11/3/2020 4:49:50 PM
Diab said in a statement on Tuesday that Banque du Liban (BDL) had only provided the firm with 42% of the documents requested
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World
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Region
10/28/2020 8:32:00 PM
The central bank governor made his request after the government last week asked the bank to buy treasury bonds to help finance a fiscal deficit equivalent to an estimated 14% of national output
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Business
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Region
10/24/2020 2:45:37 PM
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Business
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Economy
10/23/2020 10:41:09 PM
'The Central Bank will not hesitate to intervene under its supervisory powers whenever required within the framework of its commitment to protecting the funds of depositors in Egyptian banks'
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Business
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Economy
10/23/2020 6:17:02 PM
The CIB board also announced it decided to appoint Sherif Samir Samy, the current chairman of the governance and nomination committee, to assume the responsibilities of non-executive chairman of the board, subject to CBE approval
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Business
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Economy
10/22/2020 9:29:00 PM
The Central Bank of Egypt said their investigation found negative practices in the CIB which can be described as financial crimes
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World
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Region
10/21/2020 2:16:21 PM
'Today we are looking to unify the budget so that the spending channel becomes one channel' between the two sides, said Ahmed Maiteeg
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World
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Region
10/21/2020 12:21:27 PM
Aoun is due to hold consultations on Thursday with parliamentarians to designate a prime minister who will seek to form a new government and address the country's grave economic crisis
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World
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Region
10/20/2020 2:53:54 PM
The payment of $335 million is part of a deal with the United States to get Sudan removed from its list of state sponsors of terrorism
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World
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Region
10/17/2020 9:24:07 PM
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World
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International
10/15/2020 5:31:08 PM
During the meeting G20 finance ministers and central banker expressed commitment to continue working together to support the poorest countries to weather the COVID-19 crisis
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Opinion
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10/15/2020 4:29:05 PM
Turkey’s ailing economy could prove the final undoing of irredentist strongman Recep Tayyip Erdogan
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Business
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Economy
10/7/2020 3:45:47 PM
The foreign reserves had witnessed a significant decline since March when it stood at $45 billion due to coronavirus economic repercussions
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Business
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Economy
10/5/2020 2:51:44 PM
The new procedures facilitate opening accounts, deposits, and purchasing certificates using only national IDs
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World
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Region
9/30/2020 6:16:15 PM
The United States ordered the freezing of any US assets of the central bank governor, Hazem Karfoul, and the other Syrians, with any financial transactions with them now punishable in the United States
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Al-Ahram Weekly
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Economy
9/29/2020 11:40:12 PM
Egypt’s interest rates are continuing their downward trend
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Business
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Economy
9/25/2020 5:10:30 PM
The new cuts are the first since the slashing of interest rates by 3% (300 pbs) in March amid the COVID-19 crisis
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Business
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Economy
9/24/2020 10:49:20 PM
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