UAE – Mubasher: The Central Bank of the UAE has decided to reissue “Year of Zayed” commemorative silver coins to meet the increasing demand. The central bank will issue around 5,000 silver commemorative coins weighing 60 grammes, according to the …
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 17.2 billion on Sunday, on behalf of the Ministry of Finance (MOF). The first tranche of the T-bills will be offered through 91-day notes at EGP 8.5 …
Mubasher: The Central Bank of Kuwait (CBK) granted its initial approval on 17 April 2019 for Burgan Bank to issue bonds not exceeding $500 million. Burgan Bank will receive the CBK's final approval after providing the prospectus of this bonds' …
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 18.5 billion on Thursday on behalf of the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered through …
Mubasher: The Central Bank of Bahrain (CBB) on Monday stated that the BHD 43 million short-term Sukuk issue, has been oversubscribed by 529%. The Sukuk issue has an expected yield of 3.62%, compared to a 3.95% yield in the issue offered on 20 …
Mubasher: Kuwait’s currency in circulation rose 4.6% year-on-year in March, according to data released by the Central Bank of Kuwait (CBK) on Sunday. The GCC nation’s currency in circulation amounted to KWD 1.803 billion last month, compared to …
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 17 billion on Sunday, on behalf of the Ministry of Finance (MOF). The first tranche of the T-bills will be offered through 91-day notes at EGP 8.5 …
Cairo – Mubasher: The Central Bank of Egypt (CBE) is expected to reduce interest rates by 500 basis points (bps) by the end of 2020, according to a report released by Capital Economics. With the decline in inflation and the improvement of the …
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 18 billion on Thursday on behalf of the Ministry of Finance (MOF). The first tranche of T-bills will be offered through 182-day notes at EGP 8.75 …
Cairo – Mubasher: Egypt’s annual core inflation slashed to 8.9% in March, versus 9.2% in February, data by the Central Bank of Egypt (CBE) showed on Wednesday. The state's consumer price index (CPI) recorded 0.5% last month, compared to 1% in …
Cairo – Mubasher: Egypt’s GDP growth slowed down during the third quarter of the fiscal year 2018, recording 5.3%, compared to 5.4% a quarter earlier. The slowdown in the country’s GDP growth stemmed from the decline in the investment’s …
By: Eslam Fadl Cairo – Mubasher: The Central Bank of Egypt (CBE) is encouraging national banks to apply the international regulatory framework Basel III. Egyptian banks are on track to introduce Basel III in the meantime, banking experts said. …
Mubasher: The Central Bank of Bahrain (CBB) on Tuesday announced that the BHD 26 million short-term Islamic leasing bonds issue, known as Sukuk Al-Ijara, has been oversubscribed by 621%. The Sukuk Al-Ijara have an expected yield of 3.95%, compared …
Mubasher: The Central Bank of Bahrain (CBB) on Monday announced that the BHD 70 million issue of the government treasury bills (T.bills) this week has been oversubscribed by 269%. The T.bills, which have a yield of 3.62%, are issued by the …
Mubasher: Total bank deposits held by people residing in Kuwait rose 2.3% year-on-year to KWD 42.75 billion ($140.67 billion) in February, from KWD 41.78 billion ($137.48 billion), according to data released by the Central Bank of Kuwait (CBK) on …
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bonds (T-bonds) worth EGP 1.75 billion on Monday, on behalf of the Ministry of Finance (MOF). The first tranche of the T-bonds will be offered through five-year notes at EGP 1 …
Riyadh – Mubasher: Deposits at banks operating in Saudi Arabia increased by 1.4% year-on-year, or SAR 22.71 billion ($6.06 billion), to SAR 1.633 trillion ($435.63 billion) in February, from SAR 1.611 trillion ($429.58 billion), the Saudi Arabian …
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 17.5 billion on Sunday, on behalf of the Ministry of Finance (MOF). The first tranche of the T-bills will be offered through 91-day notes at EGP 8.75 …
Mubasher: The Central Bank of Oman (CBO) has issued an OMR 100 million ($259.44 million) in an auction, the Oman News Agency (ONA) stated on Saturday. The seven-year bonds will carry a coupon rate of 5.75%, the news agency added. The 60th issue of …
Cairo – Mubasher: The Central Bank of Egypt (CBE) is expected to maintain its tight monetary policy as long as inflation does not start a downward trend, the International Monetary Fund (IMF) stated on Saturday. The Monetary Policy Committee (MPC) …
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 18.5 billion on Thursday on behalf of the Ministry of Finance (MoF). The first tranche of the T-bills will be offered through 182-day notes at EGP 9 …
By: El-Sayed Gamal Riyadh – Mubasher: Saudi banks increased their government bonds holdings by 22.9%, or SAR 61.77 billion ($16.47 billion), year-on-year in February. Saudi banks’ holdings of government and semi government bonds jumped to SAR …
Cairo – Mubasher: Egypt's foreign reserves rose to $44.112 billion at the end of March, data by the Central Bank of Egypt (CBE) showed. It is worth noting that the North African country’s net foreign reserves reached $44.06 billion last February, …
By: Heba El-Kordy Cairo – Mubasher: Total foreign-currency deposits at Egyptian banks rose on a monthly basis by EGP 6.4 billion ($368 million) in February, recording EGP 747.7 billion ($42.9 billion), versus EGP 741.3 billion ($42.6 billion) in …
By: Heba El-Kordy Cairo – Mubasher: Egypt’s domestic liquidity rose slightly at the end of February to EGP 3.675 trillion, versus EGP 3.64 trillion in January. Year-on-year, domestic liquidity increased 11.5%, versus EGP 3.29 trillion in February …
