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Accused money changers in Lebanon mull court challenge

Two Lebanese currency exchange firms accused of money ... considering legal action to clear their names. Two Lebanese currency exchange firms ... Currency Exchangers Association, told The Daily Star. The U.S. Treasury Department Tuesday labeled ...

25/04/2013 - 09:53 - comment 0

ABL to comply with any US-led sanctions

requirements.” The two Lebanese currency exchange firms vehemently denied the allegations and told The Daily ... the weekend it would comply with any sanctions imposed by the U.S. Treasury after two Lebanese money exchange ... two Lebanese money exchange houses were designated as a primary money-laundering concern. “ABL ...

29/04/2013 - 08:18 - comment 0

Syrian regime has had enough --with currency flight

if the amount of foreign currency dealing is above $5,000,” he added. Head of the Lebanese Money Changers Association Ramez Mkataf suggested that the majority of Lebanese money changers had stopped dealing ... The Syrian Central Bank warned that foreign currency traffickers could face up to 15 years in jail without ...

01/09/2013 - 13:47 - comment 0

Western Union and Emirates International Exchange launch cross-border payment solution for UAE SMEs

currencies. Western Union, a leader in global payment services, today introduced ... cross-border payments in more than 140 currencies.  The service allows SMEs to make fast account-to-account payments while improving their cash flow, managing currency fluctuation risk and receiving competitive ...

Press Release - 11/03/2012 - 10:34 - comment 0

Remittance push up demand for Jordanian dinar

of the Jordanian Exchange Association, told The Jordan Times Monday that demand for the local currency has surged ... is to protect the exchange rate of the local currency and to protect the purchasing power of Jordanians.  ... president of the Jordanian Exchange Association, told The Jordan Times Monday that demand for the local ...

23/10/2012 - 10:03 - comment 0

Despite warnings by central banks, one can officially say that bitcoins have finally made their way to the Middle East!

Bitcoin, an experimental digital currency, has gained a toehold in the Middle East Bitcoin, an experimental digital currency, has gained ... is a decentralized currency, meaning there is no official authority, company, website or even symbol. Rather, ...

24/02/2014 - 15:40 - comment 0

Lebanon’s bond ratings remain stable

in the exchange rate peg and in the financial system despite the weak public finances. It added that Lebanese ... Moody’s Investors Service maintained Lebanon’s foreign and local currency government bond ratings at “B1” with a “stable” outlook. It also kept the senior unsecured foreign currency ratings at “B1” and the short-term ...

10/01/2012 - 16:04 - comment 0

Fitch affirms Lebanon's currency ratings

of Lebanon's long-term foreign currency and local currency ratings at B-. The short-term rating was affirmed ... of Lebanon's long-term foreign currency and local currency ratings at B-. The short-term rating was affirmed ... - estimated by Fitch at 161 percent of gross domestic product (GDP) at end-2002 - the Lebanese ...

15/08/2010 - 12:59 - comment 0

Fitch affirms Lebanon's currency ratings

of Lebanon's long-term foreign currency and local currency ratings at B-. The short-term rating was affirmed ... of Lebanon's long-term foreign currency and local currency ratings at B-. The short-term rating was affirmed ... the Lebanese authorities have launched and implemented a series of initiatives to improve public finances.   ...

15/08/2010 - 12:59 - comment 0

Bigger bonds, higher yields: Lebanon's government to issue ten-year bonds

treasury bills in Lebanese denominated currency with 8.25 percent interest and another issue in Eurobonds ... bills in Lebanese denominated currency with 8.25 percent interest and another issue in Eurobonds ... in Lebanese denominated currency with 8.25 percent interest and another issue in Eurobonds in October ...

18/09/2012 - 14:04 - comment 0