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“These reforms, despite their start, still do not rise to the level expected, and this is what we said frankly to the Lebanese government,” Belhaj said after the meeting. (Shutterstock)
March 30th, 2019 - 06:07 GMT

World Bank: Lebanon Gets Nothing Without Reforms

If Lebanon wants to see any money from CEDRE soon, it needs get serious about implementing reforms, World Bank Vice President for Middle East and North Africa Farid Belhaj said.
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Pilgrims circling the Kaaba, Islam's holiest shrine, at the Grand Mosque in Saudi Arabia's holy city of Mecca, on September 6, 2016.  (AFP/Ahmad Gharabli)
September 8th, 2016 - 05:16 GMT

Hajj season drives 40-currency exchange boom in Saudi Arabia

The Central Bank of Egypt officially allows exchange offices to sell the US dollar with a 15 piaster difference above or below the official selling price. (File photo)
August 15th, 2016 - 02:00 GMT

Egypt cracks down on informal currency exchange traders

The riyal’s exchange rate  is currently at 3.75 against the U.S. dollar according to the Central Bank's website. (File photo)
August 14th, 2016 - 07:00 GMT

Saudi Arabia reaffirms commitment to dollar peg

Al Bawaba
October 20th, 2015 - 10:36 GMT

Double devaluation for the Egyptian pound

Al Bawaba
July 19th, 2015 - 02:27 GMT

Saudi finances weaken as foreign exchange reserves slide

Al Bawaba
April 9th, 2015 - 05:53 GMT

Strong dollar to dominate forex markets

Al Bawaba
April 7th, 2015 - 07:20 GMT

Dubai index gains for sixth day to hit one-month high

Al Bawaba
December 29th, 2014 - 02:00 GMT

Just in - Ruble, Won and Rand: DGCX launches three new Emerging Market currency futures

Al Bawaba
December 23rd, 2014 - 07:31 GMT

FERG's fight on fraud: UAE Forex Group says no to grey transactions

IEC said in response, "IEC is using every means at its disposal to collect the debt from the Palestinian Authority."
May 7th, 2014 - 02:55 GMT

Weren't they doing that anyway? Israel Electric threatens to cut off electricity to Palestinians over $435 million dispute

Forex trading is the business of making profits by speculating on the value of one currency compared to another.
August 25th, 2013 - 11:56 GMT

Forex company brings financial chaos to Dubai

Mixed Egyptian pound bills
June 26th, 2013 - 09:44 GMT

Egypt debt insurance costs hit record highs

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