Lebanon’s central bank has been selling some of its holdings of international bonds issued by the Lebanese government to improve its foreign currency liquidity, central bank governor Riad Salameh said on Sunday.
Lebanon’s central bank has been selling some of its holdings of international bonds issued by the Lebanese government to improve its foreign currency liquidity, central bank governor Riad Salameh said on Sunday.
Oman’s government may issue an international sovereign bond and an Islamic bond next year, its central bank chief Hamood Sangour Al Zadjali said on Sunday.
MasterCard and the Dubai Business Women Council, or DBWC, a part of the Dubai Chamber of Commerce and Industry, on Friday announced a collaboration to drive entrepreneurship among women in the emirate.
Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, the leading bank in the region, announced that it has been named Best Asset Management Company at the annual Arab Achievement Awards 2013.
UAE’s leading financial institution, Mashreq hosted a meeting for a senior delegation from the Indian Banks’ Association represented by prominent public sector banks.
Union National Bank received the “Most Admired Service Provider in Financial Sector Award” at the Asian BFSI Awards held alongside the third Asian Leadership Awards (ALA) event recently at the Movenpick Hotel, Dubai.
Pakistan’s currency is set to stabilise after falling to a record low as a $6.6 billion loan from the International Monetary Fund spurs capital inflows, Finance Minister Ishaq Dar said in an interview.
The European Union is weighing whether a €50 billion ($68 billion) rescue fund can be turned into a bank backstop for member states outside the single-currency bloc, two EU officials said.
Saudi Basic Industries Corp (Sabic), the world’s largest petrochemicals maker by market value, launched a $1 billion five-year bond offering on Thursday, with pricing tightened further on healthy demand from investors.
Egypt’s central bank has received a $2 billion deposit from Kuwait, the governor said on Thursday.