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The Central Bank

The Central Bank latest

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar (Shutterstock)
January 15th, 2019 - 08:04 GMT

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar

All money transfer offices must pay cash wired electronically from abroad to the recipients in Lebanese pounds only and not in U.S. dollars, Lebanon’s Central Bank announced Monday.
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The success of the conference, and Egypt’s attractiveness to investors, will depend on how far the government takes the reform agenda in the months and years to come, analysts agree.
March 13th, 2015 - 09:39 GMT

Egypt's Economic Conference: formidable expectations, formidable challenges

Al Bawaba
February 5th, 2015 - 09:20 GMT

Refreshing: Egypt's stocks at highest levels in 6 and a half years

Political instability has scared off wealthy Gulf Arab tourists and some investors.
October 26th, 2014 - 01:20 GMT

Lebanon to direct resentment of Syrian refugees towards $1 billion fiscal stimulus package in 2015

The Central Bank chief also explained that he requested the IMF send a delegation to Lebanon "to evaluate the cost borne by the country as a result of receiving displaced Syrians."
October 13th, 2014 - 11:14 GMT

You have our blessings: IMF 'satisfied' with Lebanon's economic performance

Al Bawaba
September 4th, 2014 - 11:17 GMT

Lebanon’s parliament is in hot water with Eurobonds. Can the Central Bank help?

Al Bawaba
July 21st, 2014 - 02:18 GMT

Cyprus takes effective of Lebanese bank over alleged Hezbollah linkages

Mobile [use] is going to become more than PC in 2014
February 12th, 2014 - 10:55 GMT

Region’s digital growth lies in mobile tech

The 2014 stimulus package is supposed to be similar to the 2013 one released by the Central Bank (Marwan Tahtah/Al-Akhbar English)
November 14th, 2013 - 08:02 GMT

Will Lebanon's $800 million stimulus actually revitalize the country's economy?

State debt is now around 140 percent of GDP, a figure which had fallen in the years of fast growth but which could increase again.
September 17th, 2013 - 08:18 GMT

Lebanon's central bank trying hard to pump growth

In Dubai, mortgage repayments are in many cases about equal to or less than renting the same property.
August 27th, 2013 - 12:16 GMT

Should non-citizens in the UAE also be given 100% home loans? Why the answer is yes.

The formal framework of the Central Bank’s policy remains unchanged with the exchange rate fixed at QAR 3.64/$1.
August 18th, 2013 - 02:47 GMT

Qatar's currency peg here to stay

With the exception of Bank Audi, which posted a 21.78 percent increase in net loans, the loan portfolios of Byblos, BLOM, Bank of Beirut and BEMO contracted respectively by 0.48 percent, 0.67 percent, 1.37 percent and 4.39 percent.
August 7th, 2013 - 11:54 GMT

Lebanese banks suffering contractions

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