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Qatar tightens caps on banks' securities investmentQatar's central bank has tightened its curbs on how much banks can invest in stocks and bonds, according to a circular released by the central bank and seen by Reuters. Banks' total investment in equities and debt instrume More… |
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Gulf currency shift could come graduallyA statement on foreign exchange policy by Qatar's central bank governor has struck a nerve in financial markets across the Gulf, reminding investors that decades of currency stability will not last forever. More… |
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US targets Iran with currency, auto-sector sanctionsThe United States on Monday ratcheted up its efforts to isolate Iran for its suspected nuclear weapons programme, targeting Tehran with currency and auto-sector sanctions. More… |
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UAE revives plans to build currency mintThe United Arab Emirates has revived plans to set up its first currency mint to meet the country's needs, its central bank said on Wednesday. The central bank first ann More… |
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Qatar dollar peg to stay for nowQatar may change its peg to the US dollar when the economy becomes less dependent on hydrocarbons and local financial markets deepen, although no changes are currently being considered, its central bank chief said. Asked which eco More… |
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Qatar dollar peg to stay for nowQatar may change its peg to the US dollar when the economy becomes less dependent on hydrocarbons and local financial markets deepen, although no changes are currently being considered, its central bank chief said. Asked which eco More… |
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Egypt tourist arrivals jump 11.8pcThe number of tourists visiting Egypt rose in the first four months of 2013, the cabinet said on Tuesday, but analysts say the sector is still suffering from the aftermath of the country's 201 More… |
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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… |
