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Qatar cenbank 'will flexibly adjust debt issues'Qatar's central bank (QCB) will if needed flexibly adjust the amounts of local currency bonds and Treasury bills which it offers, and believes the issues will reduce Qatar's reliance on foreign funding, the QCB's governor said. More… |
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IMF team to arrive in Egypt on WednesdayAn IMF delegation will arrive in Egypt on Wednesday for talks with the government on a $4.8 billion loan, a government spokesman said on Sunday, as Cairo seeks to conclude a deal vital to easing a deep economic crisis. Egypt would More… |
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ForexTime launches new trading platformForexTime, a leading forex broker, has launched a new a platform that provides the company’s traders with the ability to follow and mirror the activities of professional and talented traders globally. The partnership with Zu More… |
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World Bank's IFC plans Egypt currency swapsWorld Bank's International Finance Corp (IFC) plans to conduct currency swaps in Egypt to help local firms meet their foreign exchange needs, and is considering whether to issue local currency bonds in several Middle Eastern countries to fun More… |
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Egypt tries to attract foreign investment in state debtEgypt has opened a scheme allowing foreign investors in its financial markets access to dollars despite a hard currency shortage, a move which analysts said aimed to attract external funding for the soaring state budget deficit More… |
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Egypt to help foreign investors repatriate fundsEgypt's central bank opened a scheme on Sunday allowing foreign investors in the stock and government debt markets access to dollars despite severe shortages of foreign currency. In a statement posted on its website, the centr More… |
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Egypt eases rules on currencyEgypt said on Wednesday it was easing limits on travellers bringing currency in and out of the country and said visiting foreigners could now export more than $10,000 as long as they declared it upon entering. &nbs More… |
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Pakistan 'in critical balance of payments situation'Pakistan has reached a critical balance of payments situation and will need another package from the International Monetary Fund before the end of the year to avert a crisis, one of the biggest lenders to the country said on We More… |
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Egypt forex reserve fall 'could slow'The rate of decline in Egypt's foreign reserves could fall next month, Central Bank Governor Hisham Ramez was quoted as saying on Sunday. In comments to Al-Shorouk newspaper, Ramez added he More… |
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Egypt pound will not collapse says key officialThe Egyptian pound will not collapse and its incremental depreciation has stabilised, a senior aide to Islamist President Mohamed Mursi said. Essam Haddad, More… |
