money

US dollar exchange rate in Egypt maintains stable prices
Egypt

US dollar exchange rate in Egypt maintains stable prices

The National Bank of Egypt announced the update of currency rates on Monday. The US dollar maintained stable price:s while…
Turkey’s new credit guarantee fund package worth 60 bln lira, minister says
Middle East

Turkey’s new credit guarantee fund package worth 60 bln lira, minister says

ANKARA, Feb 12 (Reuters) – Turkey’s finance minister announced on Saturday a new credit guarantee fund package worth 60 billion…
Abu Dhabi outshines Middle East markets in 2021
Middle East

Abu Dhabi outshines Middle East markets in 2021

Dec 30 (Reuters) – Stock markets in the Gulf ended 2021 higher, with the Abu Dhabi index exiting the year…
Anti-laundering unit goes off-grid, fraying Afghan ties to global finance
Middle East

Anti-laundering unit goes off-grid, fraying Afghan ties to global finance

LONDON, Sept 15 (Reuters) – A unit in Afghanistan’s central bank leading a 15-year effort to counter illicit funding flows…
El Salvador leads the world into cryptocurrency: bitcoin legal tender
World

El Salvador leads the world into cryptocurrency: bitcoin legal tender

SAN SALVADOR, Sept 7 (Reuters) – El Salvador on Tuesday became the first country in the world to adopt bitcoin…
UAE announces plans to boost economy, attract workers
Middle East

UAE announces plans to boost economy, attract workers

DUBAI, Sept 5 (Reuters) – The United Arab Emirates plans to launch 50 new economic initiatives to boost the country’s…
Afghans struggle with empty ATMs, soaring prices
Middle East

Afghans struggle with empty ATMs, soaring prices

Over a week after the Taliban’s takeover of Afghanistan’s capital Kabul, its residents are reeling from a severe shortage of cash…
Kuwait’s 2020-21 budget deficit increases 175 percent to record 10.8 bln dinars
Middle East

Kuwait’s 2020-21 budget deficit increases 175 percent to record 10.8 bln dinars

CAIRO, Aug 7 (Reuters) – Kuwait’s budget deficit increased 174.8 percent in the 2020-21 year to 10.8 billion dinars ($35.5…
CBE confirms continued validity of all paper currencies
Egypt

CBE confirms continued validity of all paper currencies

Ahead of introducing new polymer bills into the Egyptian market, the Central Bank of Egypt confirmed that all paper currency…
Paymob and Codashop present new online payment methods for Egyptian gamers
Business

Paymob and Codashop present new online payment methods for Egyptian gamers

Paymob announced in late June its collaboration with Codashop to provide convenient payment solutions in Egypt for mobile and console…
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