Lebanon’s borrowing costs dropped to close to a record low as investors dismiss the effect of Syria’s crisis on banks in the most indebted Arab...
Lebanon’s banks are attracting more deposits and reducing exposure to government debt, Central Bank Governor Riad Salameh said, which benchmark rating...
A revival in tourism helped halt the erosion of Egypt’s foreign currency reserves, which increased in April for the first time since last year’s...
EFG-Hermes Holding SAE said Qatar’s QInvest LLC may hold a majority stake in a planned investment bank that would take over the Egyptian bank’s...
Ahmed Saeed, a Libyan poultry farmer, says he’s waiting for his country to open Islamic banks to deposit money for the first time. “I’m sure...
Amir Mohammad has been sleeping outside the Libyan Embassy in Cairo awaiting a visa for a week, his bed a layer of cardboard on the sidewalk. He has given up...
Egypt’s foreign reserves probably declined at the slowest pace in five months in February, giving the government more time to secure a $3.2 billion loan...
Egypt’s shares retreated the most in six weeks after dozens were killed in clashes during a football match, the worst outbreak of violence since...
Egypt’s default risk surged the most in the world as violence escalated and foreign currency reserves tumbled, a sign investors will demand higher...
Egypt’s dollar bond headed for its worst weekly loss amid political uncertainty that has pushed the currency to a seven-year low and reduced economic...
Egypt raised its budget deficit forecast and said it may seek emergency financial support as the government struggles with surging debt costs and an economy...
Egypt’s dollar bond headed for its worst weekly loss amid investor concern the country’s growing budget deficit will keep borrowing costs at a...
The Egyptian central bank’s goal of averting a run on the pound may depend on the government’s ability to get foreign financing to stem the worst...
DUBAI: Egypt had its government bond ratings cut for the third time this year by Moody’s Investors Service, which cited “ongoing economic...
DUBAI: Libyan rebels needed NATO’S military might to bring Moammar Gadhafi’s rule to the brink of collapse. About $50 billion in cash abroad means...
DUBAI: Lebanon is safer than Dubai for the first time since June in the market for credit default swaps as foreign investors bet demand from the...
Middle Eastern sovereign bonds are rallying for a second month as economic growth and cash-rich banks lure investors seeking shelter from...
DUBAI: Egypt refused International Monetary Fund loans that would have helped the economy because the lender was seen as tainted by concessions demanded of...
Egypt’s success in selling two-year debt for the first time since February’s popular revolt may encourage foreign investors to buy shorter-term...
Egypt’s Muslim Brotherhood is campaigning for September’s parliamentary elections on a platform to trim the country’s budget deficit. The...
Dubai shares retreated to the lowest level in three months as Europe’s sovereign debt crisis weighed on the global economy and the International Energy...
Syndicated loans in the Middle East and North Africa have plunged to the lowest level since 2004 as international lenders reduced participation because of the...
Investors in Egyptian treasury-bill auctions are demanding the highest yields since 2008 on concern international aid pledges won’t arrive on time,...
DUBAI: Egyptian Finance Minister Samir Radwan comments on the country’s talks with the International Monetary Fund for a $3 billion loan and other aid...
DUBAI: Egypt’s stock exchange plans to start exchange-traded funds in the local market and allow short selling this year to boost trading and give investors...