Egypt’s two biggest state banks on Tuesday issued U.S. dollar-denominated certificates of deposit with high returns, in what appears to be the country’s latest attempt to lure dollars away from the black market and back [ More … ]
Iran’s interior minister says hundreds of banks and government sites were torched by protesters, estimated at up to 200,000 people who have taken part in nationwide disturbances sparked by a hike in petrol prices while [ More … ]
– Turkish banks expected to support companies with loans, lower rates for personal housing credits, banking watchdog chief says – Head of Turkey’s banking watchdog and representatives of banks will discuss calls by President Recep [ More … ]
The Egyptian economy is going through its worst fall for decades. Over the past five years, the Central Bank of Egypt has been suffering from declining foreign currency reserves as a result of the withdrawal [ More … ]
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