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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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Transgulf Investment makes OMR 2.334 profit in Q3
May 8th, 2013 - 03:30 GMT

Transgulf Investment top gainer at Muscat Securities Market

A vessel transporting Iranian oil
May 7th, 2013 - 01:08 GMT

Foreign currency exchange halts another Iranian oil project

Vodafone Egypt is reportedly struggling with imports due to a lack of foreign currency
April 25th, 2013 - 07:51 GMT

Vodafone Egypt facing foreign currency shortages

Egypt's pound hit a record low against the dollar on Tuesday
April 24th, 2013 - 08:44 GMT

Egyptian pound hits record low against the dollar

Syria’s central bank set the exchange rate of the pound at $95.30 on Monday
April 16th, 2013 - 12:38 GMT

Syria sets exchange rate

Egypt's Central Bank auctioned of $600 million to cover key imports yesterday
April 15th, 2013 - 07:35 GMT

Egypt's Central Bank sells banks $600 million to cover key imports

Egypt's Central Bank revealed yesterday that net foreign reserves fell by $1.4 billion in January
February 6th, 2013 - 04:00 GMT

Egypt's foreign reserves drop dramatically

Eygpt's foreign reserves have risen to $15.5 billion, helped by Qatari support, according the the country's finance minister
January 31st, 2013 - 08:21 GMT

Egypt's foreign reserves only boosted by Qatar

Saudi Arabia has warned against a currency war, saying it would hurt the global economy
January 27th, 2013 - 09:48 GMT

Saudi Arabia warnings over "currency war"

The Central Bank of Egypt is trying to stop a currency flight from the country
January 1st, 2013 - 08:00 GMT

Egypt: New currency controls to curb dollar speculation, bankers claim

The Egyptian pound plummeted to an eight year low against the US dollar yesterday
December 31st, 2012 - 04:00 GMT

Egyptian pound slides against US dollar

The Central Bank of Egypt is imposing yet more currency controls in an effort to stave of a crisis
December 30th, 2012 - 11:53 GMT

Egypt announces further procedures to stave off currency crisis

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