Central Banks

The Central Bank of Egypt (CBE)
10:38 AM CBE issues EGP 14.5bn T-bills Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 14.5 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 6.75 …
The CBE will launch the QR system soon
17 January 05:53 PM CBE to launch QR payment soon
Cairo – Mubasher: The Central Bank of Egypt (CBE) is gearing up to launch the quick response (QR) code payment system within the next few days, a top banking official has said. The move comes as part of the bank’s strategy to reduce trading and …
The value of this issuance is equal to the CBK’s latest issue on 9 January
16 January 02:36 PM Kuwait C.bank issues KWD 240m bonds
Mubasher: The Central Bank of Kuwait (CBK) has issued bonds and securities worth KWD 240 million ($1 million), with a return of 2%. Covered 4.1 times at a total demand value of KWD 992 million, this bond issuance has a duration of three months to …
The Central Bank of Egypt (CBE)
14 January 10:32 AM CBE issues EGP 14.5bn T-bills Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 14.5 billion on Sunday in coordination with the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered …
This new bonds issuance was covered four times
11 January 05:04 PM Kuwait C.bank issues KWD 100m bonds
Mubasher: The Central Bank of Kuwait (CBK) on has issued debt instruments worth KWD 100 million on Wednesday, according to a recent report. The bonds issuance has a three-year duration period, with a return of 2.5%. The CBK said that this new …
The Central Bank of Egypt (CBE)
11 January 11:04 AM CBE issues EGP 14.5bn T-bills Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 14.5 billion on Thursday in coordination with the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered …
The listing details and timing will be disclosed in the near future
10 January 03:05 PM Bahrain C.bank approves Ithmaar listing on DFM
Mubasher: Ithmaar Holding disclosed that the Central Bank of Bahrain (CBB) has granted the final approval for listing the bank’s shares on the Dubai Financial Market (DFM). Ithmaar, which is listed on Boursa Kuwait and Bahrain Bourse (BHB), …
The central bank announced that all banks should apply IFRS 9 instead of 39
10 January 11:52 AM UAE banks to apply IFRS 9 in January
Dubai – Mubasher: UAE banks are set to begin implementing the International Financial Reporting Standards (IFRS) for provisions in their balance sheets starting January, as per the directives of the Central Bank of the UAE. Last year, the central …
CBE issues EGP 14bn T-bills Thursday
4 January 11:02 AM CBE issues EGP 14bn T-bills Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 14 billion on Thursday in coordination with the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered …
Foreign assets’ surplus stood at EGP 185.1 billion in November 2017
3 January 03:56 PM Egypt’s foreign assets surplus hit EGP 185.1bn in November
Cairo – Mubasher: Egypt has recorded a surplus in net foreign assets for the seventh month in a row at the end of November 2017, despite declining on monthly basis, according to the Central Bank of Egypt (CBE) data. Foreign assets’ surplus stood …
The CBE aims at cutting liquidity to restrain inflation through raising interest rates
3 January 03:31 PM Egypt’s domestic liquidity rises 21% in November - CBE
Cairo – Mubasher: Egypt’s domestic liquidity surged by 21% year-on-year to EGP 3.14 trillion in November 2017 from EGP 2.6 trillion in November 2016, according to a statement by the Central Bank of Egypt (CBE) on Wednesday. On a monthly basis, …
The value of gold reserves stood at $2.67 billion at the end of December
3 January 02:50 PM Egypt’s gold reserves fall 1% in December
Cairo – Mubasher: Egypt’s gold reserves declined by $30 million or 1.1% month-on-month in December 2017, according to data by the Central Bank of Egypt (CBE) on Wednesday. The value of the precious metal stood at $2.67 billion at the end of …
Foreign reserves increased to $37.019 billion at the end of December
3 January 01:14 PM Egypt’s foreign reserves exceed $37bn in December
Cairo – Mubasher: Egypt’s foreign reserves edged up 0.7% month-on-month in December 2017, according to a statement by the Central Bank of Egypt (CBE) on Wednesday. International reserves of the  Arab world's most populous country increased to …
Doha’s total international reserves fell to QAR 134.46 billion ($36.92 billion) in November 2017
31 December 2017 01:41 PM Qatar's foreign reserves drop 20% in November
Mubasher: Qatari foreign reserves declined 19.6% year-on-year in November 2017, equating to QAR 32.88 billion ($9.03 billion), according to the Qatar Central Bank’s (QCB) monthly monetary bulletin on Sunday. Doha’s total international reserves …
Photo Archive
28 December 2017 10:53 PM CBE maintains interest rates in last 2017 meeting
Cairo - Mubasher: The Central Bank of Egypt (CBE) has maintained interest rates, according to an official statement. The Monetary Policy Committee (MPC) has decided in its meeting on Thursday, to keep Overnight Deposit and Lending rates at 18.75% …
Expatriates’ remittances inched down 0.75%, reaching SAR 12.02 billion in November 2017
28 December 2017 06:17 PM Expatriates’ remittances hit SAR 194bn in 11M – SAMA
Riyadh – Mubasher: Remittances of expatriates in Saudi Arabia amounted to SAR 194 billion during the first eleven months of 2017, while remittances of Saudi citizens hit SAR 59.2 billion, the Saudi Arabian Monetary Authority (SAMA) said on …
Total value of the Saudi central bank's foreign reserve assets hit SAR 1.85 trillion ($493 billion) during November 201
28 December 2017 05:56 PM Saudi foreign reserve assets drop 8% yoy in November
Riyadh – Mubasher: The Saudi foreign reserve assets tumbled 8% by the end of November 2017, compared to the year-ago period, the Saudi Arabian Monetary Authority’s (SAMA) data on Thursday showed. Total value of the Saudi central bank's foreign …
The drop of assets was attributed to a 10.8% decline in SAMA's investment in overseas securities.
28 December 2017 05:00 PM Saudi SAMA assets fall 8% yoy in November
Riyadh – Mubasher: The Saudi Arabian Monetary Authority’s (SAMA) data revealed that its total assets tumbled 8.2% year-on-year in November 2017. SAMA’s assets decreased to SAR 1.911 trillion ($509 billion) in November 2017, from SAR 2.081 trillion …
The Central Bank of Egypt (CBE)
27 December 2017 02:37 PM Banks' foreign trade funding worth $70.8bn since flotation
Cairo – Mubasher: The Central Bank of Egypt (CBE) said that banks’ foreign trade finance stood at $70.8 billion since the flotation of the Egyptian pound on 3 November 2016 until 14 December 2017. In November, the CBE’s Monetary Policy Committee …
Photo Archive
26 December 2017 06:09 PM Term deposits up EGP 10bn - CBE
Cairo - Mubasher: The Central Bank of Egypt (CBE) has said that Tuesday’s auction for term deposits with fixed interest totalled EGP 10 billion. The interest rate stood at 19.25%, the CBE said in a statement on Tuesday. CBE noted that it has …
The Central Bank of the United Arab Emirates
25 December 2017 11:36 PM M2 up to AED 1.24tr - UAE Central Bank
Abu Dhabi - Mubasher: The Central Bank of the UAE announced that Money Supply aggregate M2 increased by 0.4%, from AED 1.244 trillion in October to AED 1.248 trillion at the end of November 2017. Meanwhile, Money Supply aggregate M1 decreased by …
Rate hike, riyal manipulation probe top QCB’s decisions in 2017
25 December 2017 04:34 PM Rate hike, riyal manipulation probe top QCB’s decisions in 2017
By: Eman Ghali Mubasher: The Qatar’s Central Bank (QCB) has faced a tough year in which it made a slew of important decisions topped by rising interest rate three times, legal investigation into manipulating Qatar's currency after the riyal had …
The Central Bank of Egypt (CBE)
25 December 2017 11:21 AM CBE issues EGP 2.5bn T-bills Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 2.5 billion on Monday in coordination with the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered …
Inflation in Kuwait may reach 2.5% and 2.7% in 2017 and 2018
24 December 2017 03:36 PM CBK may lift interest rates 3 times in 2018 – Al Shall
Mubasher: Kuwait is expected to lift interest rates on the US dollar three times in 2018; this lift will be executed as 0.25% each time, the weekly economic report by Al Shall Consulting said, according to IMF estimates. It is expected that …
The Central Bank of Egypt (CBE)
24 December 2017 10:45 AM CBE issues EGP 13.25bn T-bills Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth EGP 13.25 billion on Sunday in coordination with the Ministry of Finance (MOF) to finance the budget deficit. The first tranche of T-bills will be offered …