The government estimates the fuel price rise will lead to about $8 billion of savings in next year's budget
"Indicators support healthy growth of banking sectornew central bank" governor Mubarak al-Mansouri said in a speech on Monday.
Lebanon is planning a $1 billion stimulus package for 2015 to maintain growth and support an economy which has been hit by the conflict in Syria
Egypt’s central bank said it sold $37.4 million at a cut-off price of 7.1401 pounds per dollar
Egypt's economy has been in turmoil since a popular uprising ousted autocrat Hosni Mubarak in 2011
Foreign reserves are stable at the almost the same level as the month of July central bank governor Hisham Ramez said
The UAE is expected to issue its first ever federal government bonds before 2018 to help the country's banks meet global liquidity rules
Dubai’s government and state-linked companies need to repay over $50 billion in debt by 2016
Each foreign bank was previously limited to opening one branch in Kuwait
The main Istanbul share index was up 0.45 percent early on Tuesday
Fahad al-Mubarak says economic growth likely to hit International Monetary Fund forecast
Dozens of Libyan protesters blocked the entrance to the central bank and port in the capital Tripoli
Egypt is also planning to repay $3 billion of the $6.3 billion it owes foreign oil companies operating in the country by 2017
Consumer price growth has been easing after hitting 4% in April
Finance Minister says the focus will be on the local market
Tunisia's annual inflation rate fell to 5.8 percent in September, its third consecutive monthly decline, official data showed on Friday. Inflation was ...
Egypt has received $7 billion out of the $12 billion pledged by Gulf countries, its central bank governor said on Sunday, adding he expected further ...
Libya has posted an online advertisement seeking a candidate to run its central bank, although it is not quite clear whether that means the man who ...
Egypt’s central bank said it had suspended its Tuesday deposit auction and would hold a repurchase agreement (repo) auction in its place, a move ...
Qatar may change its peg to the U.S. dollar when the economy becomes less dependent on hydrocarbons and local financial markets deepen, although no ...
The central bank of the United Arab Emirates revoked the licenses of two local exchange companies after they violated financial regulations, according ...
Egypt's foreign currency reserves rose by $1 billion to $14.42bn in April, the Central Bank said on Wednesday, as Egypt struggles to pull itself out ...
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