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Levant/NEWS

After holdups, Lebanese banks to reopen

by Editor
25 September 2022

After a week-long closure in protest of holdups by depositors demanding access to their savings, Lebanese banks will resume operations on Monday. Saying every bank will decide its own channel for banking

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Levant/NEWS

Lebanese man demanding his savings from bank at gunpoint surrenders

by Editor
17 September 2022

According to local press sources, an armed man entered a bank in Al-Aziyah, southern Lebanon, on Friday and demanded the recovery of his savings money under threat of force. An official news

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NEWS/North Africa

Egyptian central bank governor resigns, appointed as presidential advisor

by Editor
17 August 2022

Egyptian President Abdel Fattah el-Sisi’s office stated on Wednesday that, more than a year before the completion of his second term, Sisi accepted the resignation of central bank governor Tarek Amer and

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Levant/NEWS

Hostages taken by gunman inside Lebanese bank in Beirut

by Editor
11 August 2022

A Lebanese gunman stormed the Federal Bank of Lebanon in the middle of Beirut on Thursday and grabbed an unknown number of hostages. According to a report by the local TV channel,

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Levant/NEWS

Strike by Lebanon Central Bank workers after judge raids headquarters

by Editor
21 July 2022

The employees of Lebanon’s central bank have begun a three-day strike in response to an effort to arrest the bank’s governor by a prosecution judge. Judge Ghada Aoun, who on Tuesday authorized

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NEWS/North Africa

Egypt’s central bank raises interest rate resulting in devaluation of Egyptian pound

by Editor
24 March 2022

On Wednesday, after Egypt’s Central Bank (ECB) raised its main interest rate and devalued the currency by 14 percent, the Egyptian pound slipped further against the dollar. In order to combat inflationary

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Levant/NEWS

Lebanese central bank to relax limits on dollar purchases

by Editor
15 January 2022

To bolster the value of the Lebanese pound, Lebanon’s central bank said on Friday that it will relax limits on dollar purchases. The currency had just set a record low, igniting new

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Opinion

  • Author: Abdennour Toumi
    By Abdennour Toumi
    Algiers’ 31st Arab League Leaders Summit: Last Chance for Arab Unity
  • Author: Mustafa Yetim
    By Mustafa Yetim
    Reading the Maritime Deal and the Position of Hezbollah: A Step Towards the “Partial Normalization”?
  • Author: Umud Shokri
    By Umud Shokri
    Iran’s Drones in the Russo-Ukrainian war
  • Author: Ismail Sari
    By Ismail Sari
    The death of Mahsa Amini: The women’s issue in Iran
  • Author: Selcuk Bacalan
    By Selcuk Bacalan
    The recent events in Baghdad and their reflections on the Turkmens
  • Author: Mehmet Alaca
    By Mehmet Alaca
    Sadr’s eternal dilemma: Politician or cleric?

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