Lebanon’s credit upgrade: Reform progress amid persistent risks
Lebanon’s credit upgrade offers hope to investors that reforms are taking root,...
Currency
UAE bank assets climb to USD 1.29 trillion in April as credit & deposits rise
The growth in domestic credit was attributed to a 0.7 per cent...
Rome’s ancient battle with inflation
To help control inflation, the Romans lacked knowledge of contemporary economic theories...
Uganda’s Central Bank maintains policy rate at 9.75% for December 2024
Uganda’s economic growth has slowed, with the quarterly growth rate declining from...
MENA Watch: Once called the region’s Switzerland, Lebanon now faces severe headwinds
The financial collapse led to severe economic dislocation, with over half of...
Investors’ eyes on Egypt as nation prepares to sell government stakes in banks
The deal value is expected to be much less than the USD...
Saudi Arabia’s international reserves reach 18-month high of USD 467.5 billion
Fitch Ratings announced in March that it had affirmed Saudi Arabia’s long-term...
MENA Watch: Region’s economy stares at gloomy days ahead
Analysts predict that the real GDP growth for the MENA hydrocarbon exporters...
UAE banking sector sees USD 3.76 billion in new savings deposits in Q1 2024
At the end of March 2024, savings deposits in the banking sector...
Fitch upgrades Nigeria’s outlook from stable to positive
Nigeria and Egypt’s economic fortunes have dimmed in the last few months...