Tawasul
Mubasher TV
Contact Us Advertising   العربية

Central Banks

The Saudi current account registered SAR 98.516 billion in August.
29 September 01:28 PM Saudi general reserve stabilises at SAR 422.5bn by August-end
Riyadh – Mubasher: The Saudi general reserve contracted by 14.8% year-on-year (YoY) in August of the year, equivalent to SAR 73.53 billion. The reserve reached SAR 422.489 billion by August-end, compared to SAR 496.020 billion in the corresponding …
Foreign currency and deposits abroad slumped by 5.76% YoY in August
29 September 11:42 AM Saudi foreign reserves hit five-month high in August
Riyadh – Mubasher: The Saudi foreign reserves hit their five-month high in August 2020 after hiking to SAR 1.7 trillion ($453.44 billion). On a monthly basis, the kingdom’s foreign reserves surged by 1.2% or SAR 20.42 billion ($5.45 billion) when …
Foreign exchange reserve plunged to SAR 272.57 billion by August-end.
29 September 09:51 AM SAMA’s assets rise 1.3% in August
Riyadh – Mubasher: Assets of the Saudi Arabian Monetary Authority (SAMA) went up by 1.3% or SAR 25 billion on a monthly basis during August 2020, registering SAR 1.83 trillion from SAR 1.81 trillion in July. Year-on-year (YoY), the assets declined …
The CBE cut key interest rates by 0.5%.
27 September 10:56 AM CBE announces new T-bills offering after rate cut
Cairo – Mubasher: The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth EGP 18 billion on Sunday on behalf of the Ministry of Finance. The first tranche of the T-bills is offered through 91-day notes worth EGP 8 billion, while …
President Abdel Fattah El-Sisi
24 September 05:55 PM El-Sisi approves CBE, banking sector law
Cairo – Mubasher: The Egyptian President Abdel Fattah El-Sisi has approved the law no. 194 of 2020, which regulates the work of the banking sector and the Central Bank of Egypt (CBE), according to the Middle East News Agency (MENA). The new law …
The issuance will be used to finance the country’s budget deficit
24 September 10:32 AM CBE offers EGP 19.5bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth EGP 19.5 billion on Thursday on behalf of the Ministry of Finance. The first tranche of the T-bills is offered through 182-day notes worth EGP 9 billion, …
Saudi Arabian Monetary Authority
23 September 04:20 PM SAMA launches Saudi Currency mobile app
Riyadh – Mubasher: The Saudi Arabian Monetary Authority (SAMA) has launched the "Saudi Currency" smartphone application, coinciding with the 90th Saudi National Day. The aim is to spread knowledge and awareness of the sixth issue of Saudi …
The foreign securities held to maturity decreased by 67%
23 September 09:39 AM CBUAE's foreign currency reserves hit AED 353.8bn in July
UAE - Mubasher: The total foreign-currency assets of the Central Bank of the UAE (CBUAE) declined by 4% or AED 3.1 billion to AED 353.8 billion in July 2020, compared to AED 369.3 billion in the same month of 2019.  On a monthly basis, the CBUAE's …
Total remittances reached $17 billion in seven months
22 September 03:36 PM Egyptian expats' remittances rise to $2.9bn in July – CBE
Cairo – Mubasher: Remittances from Egyptians living abroad rose for the second month in a row, growing by 9.5% year-on-year (YoY) in July, according to the Central Bank of Egypt (CBE). Egyptians’ remittances stood at $2.9 billion in July, compared …
The issuance will be used to finance the country’s budget deficit
21 September 10:40 AM CBE offers EGP 8.75bn T-bonds on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will offer treasury bonds (T-bonds) worth EGP 8.75 billion on Monday on behalf of the Ministry of Finance. The first tranche of the T-bonds is valued at EGP 1.25 billion and will be offered through …
The number of customers subscribing in electronic wallet applications crossed 4 million persons
20 September 03:43 PM SAMA licences AlinmaPay, Sure Pay to provide online payment solutions
Riyadh – Mubasher: The Saudi Arabian Monetary Authority (SAMA) has licenced the Saudi Financial Technology Company (AlinmaPay) to provide the electronic wallet service (electronic transfer and payment service). The authority further granted Sure …
The issuance will be used to finance the country’s budget deficit
20 September 10:18 AM CBE offers EGP 19bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth EGP 19 billion on Sunday on behalf of the Ministry of Finance. The first tranche of the T-bills is offered through 91-day notes valued at EGP 8.5 billion, …
The Central Bank of Egypt (CBE)
17 September 04:03 PM Egypt’s banks log over EGP 50bn profits in 6M
Cairo – Mubasher: Net profits recorded by banks operating in Egypt amounted to EGP 50.049 billion in the first half (H1) of 2020, while net revenue hit EGP 136.89 billion, as shown by data from the Central Bank of Egypt (CBE). Revenues of banks’ …
The first tranche of T-bills will be offered through 182-day notes
17 September 11:46 AM CBE to issue EGP 20.5bn T-bills on Thursday
Cairo - Mubasher: The Central Bank of Egypt (CBE) will issue on Thursday treasury bills (T-bills) worth EGP 20.5 billion, in coordination with the Egyptian Ministry of Finance (MoF), to finance the budget deficit. The first tranche of T-bills will …
The step comes due to the expected growth of live and entertainment events activity in Saudi
16 September 11:36 AM SAMA approves event cancellation insurance products
Riyadh – Mubasher: The Saudi Arabian Monetary Authority (SAMA) approved, in coordination with the General Entertainment Authority (GEA), a number of insurance products to cover risks associated with cancellation of live events in the Saudi …
The Saudi Minister of Finance, Mohammed Al Jadaan
10 September 12:43 PM Saudi finance minister hopes 2020 contraction will better IMF’s predictions
Riyadh – Mubasher: Saudi Arabia is likely to witness an economic contraction this year, but less sharply than the International Monetary Fund’s (IMF) predictions, Reuters reported quoting the kingdom’s Minister of Finance, Mohammed Al Jadaan, as …
Governor of the Saudi Arabian Monetary Authority (SAMA), Ahmed Alkholifey
9 September 03:18 PM SAMA governor says riyal-dollar peg to continue
Riyadh – Mubasher: Governor of the Saudi Arabian Monetary Authority (SAMA), Ahmed Alkholifey, stated that Saudi banks were not affected by the coronavirus pandemic. He added during the Euromoney Saudi Arabia Conference 2020 held virtually on …
Egypt’s net international reserves increased by $52 million in August
8 September 03:39 PM Egypt's gold reserves rise $1.2bn in eight months
Cairo – Mubasher: Gold reserves in Egypt rose in August to a new record high as concerns over the repercussions of the coronavirus (COVID-19) pandemic boosted safe-haven investment demand for gold, raising the country’s gold reserves by $1.21 …
The Central Bank of Egypt
7 September 05:44 PM Egypt’s net foreign reserves rise to $38.4bn in August
Cairo – Mubasher: Egypt’s net international reserves increased by $52 million month-on-month (MoM) to $38.366 billion at the end of August, data by the Central Bank of Egypt (CBE) showed on Monday. The country’s foreign reserves reached $38.314 …
The country’s international reserves rose by $113 million in July
7 September 04:31 PM Egypt’s foreign deposits fall for first time in four months
Cairo – Mubasher: Total foreign-currency deposits held by the Egyptian banking sector dropped in July for the first time in four months. Foreign-currency deposits retreated to EGP 657.153 billion ($41.66 billion) last July, compared to EGP 666.642 …
The issuance will be used to finance the country’s budget deficit
7 September 10:41 AM CBE offers EGP 6.5bn T-bonds on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will offer treasury bonds (T-bonds) worth EGP 6.5 billion on Monday on behalf of the Ministry of Finance. The first tranche of the T-bonds is valued at EGP 3.5 billion and will be offered through …
The issuance will be used to finance the country’s budget deficit
6 September 10:44 AM CBE offers EGP 19bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth EGP 19 billion on Sunday on behalf of the Ministry of Finance. The first tranche of the T-bills is offered through 91-day notes worth EGP 8.5 billion, …
Saudi Arabian Monetary Authority (SAMA)
3 September 03:05 PM Saudi banks’ investments in gov’t bonds jump 21% in July
Riyadh – Mubasher: Saudi banks raised their purchases of government bonds by 20.8% on a year-on-year (YoY) basis or SAR 74.72 billion in July 2020. The Saudi lenders' investments in government bonds totalled SAR 433.25 billion in July, compared …
The issuance will be used to finance the country’s budget deficit
3 September 10:49 AM CBE offers EGP 20.5bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth EGP 20.5 billion on Thursday on behalf of the Ministry of Finance. The first tranche of the T-bills is offered through 182-day notes worth EGP 9.5 billion, …
Bank deposits edged down 0.35% monthly in July 2020
1 September 01:47 PM Saudi bank deposits up 9.4% in July
Riyadh – Mubasher: Saudi bank deposits hiked by 9.4% last July to reach SAR 1.837 trillion, compared with SAR 1.679 trillion in July 2019, according to data from the Saudi Arabian Monetary Authority (SAMA). Likewise, demand deposits signalled a …