Interim Egyptian president Adly Mansour has invited other member countries of the Arab League to implement the Arab counter terrorism treaty. The rema...
Still Short of USD:Egypt’s Booming Foreign Currency Black Market
Egypt’s central bank has lately taken some exceptional steps to help the Egyptian pound and restrain the black market in foreign currencies. Despite t...
Egypt’s reserves hit new low
The Central Bank has announced that foreign exchange reserves have reached new levels since the interim government took over in July. This report mark...
Qatar’s support to smooth the Tunisian currency crisis
Political crisis is continuing to do damages to the Tunisian economy and rating agencies have been continuously rating it negatively due to political ...
Egypt: Qatar accepts deposit conversion into bonds
The Governor of the Egyptian Central Bank, Hesham Ramez, confirmed that Qatar has agreed on the conversion of its $2 billion that it has deposited in ...
MENA: Arab Spring transitional countries boosted
A statement released by United Kingdom’s foreign ministry has stated that the government, in partnership with several international financial institut...
Emir of Qatar Hands Over Power to Son
The emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, has announced this Tuesday he was stepping down and naming his son, Sheikh Tamim bin Hamad al-Th...
Qatar to send LNG to save Egyptian factories
Qatar will be sending five shipments of liquefied to Egypt as a donation in order to help it reduce the constraints on its industrial sector. The deli...
Egypt converts fund into notes, bonds underway
The Governor of the Egyptian central bank, Hisham Ramez, has said that they have converted $2,5billion into 18-month notes and there are ongoing plans...
Egypt considers return to bond markets
Egypt is considering a U-turn to international bond markets a few days after Morocco capitalized on cheap borrowing costs to reopen old bonds and rais...