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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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IFIs tend to maintain higher levels of very low-yielding cash and Islamic interbank placements on their balance sheet
June 18th, 2013 - 05:13 GMT

Saudi banks to benefit from strong sukuk market growth

Among the top losers were Al Batinah Dev Inv Holding
June 18th, 2013 - 04:00 GMT

Muscat Securities Market shares rise on improved trading

Emirates Securities Market
June 16th, 2013 - 01:00 GMT

UAE, Qatar bourses rally after MSCI upgrade

The index trimmed its year-to-date gains to 7.25 percent.
June 16th, 2013 - 10:42 GMT

Saudi Tadawul plunges by 4 percent

The Saudi Industrial Development Fund (SIDF)
June 16th, 2013 - 05:00 GMT

Default rate for Saudi Industrial Development Fund loans minimal

Egypt bourse
June 13th, 2013 - 09:43 GMT

Egypt bourse tumbles to 11-month low on MSCI worries

 the tariff for higher categories will be substantially increased with additional imposition of a tax on consumption of over 1,000 units per month
June 13th, 2013 - 04:00 GMT

Pakistan unveils $200 billion ambitious budget

Consumer prices increased 0.6 percent in April, after 0.5 percent in March
June 12th, 2013 - 10:03 GMT

Yemen inflation hits 14-month high of 14% in April

Returns were mixed among the different strategic indices
June 12th, 2013 - 09:59 GMT

Hedge funds attract $50 billion in five months

Market breadth stood in favour of decliners as of the 57 securities
June 12th, 2013 - 05:00 GMT

Muscat shares advance as Financials shine

Tadawul All-Share Index (TASI) finished with a nominal decline of 0.08 percent yesterday
June 11th, 2013 - 09:35 GMT

Tadawul declines after early rise

He said he could save a handsome amount by holding the remittance for more than two weeks.
June 11th, 2013 - 05:13 GMT

Indian expatriates cash in on rupee’s record low

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