Abu Dhabi’s IHC acquires stake in Pakistan’s women bank
Abu Dhabi’s IHC (International Holding Company) has acquired a majority stake in Pakistan's state-owned First Women Bank Limited (FWBL), reports...
banking
Swiss bank UBS opens advisory office in Abu Dhabi
The Swiss bank UBS has opened a new advisory office in Abu Dhabi’s financial centre, Abu Dhabi Global Market (ADGM),...
Morocco’s banking booms
Morocco’s banking sector is booming, with the nation’s financial stability watchdog reporting net profits of a staggering 24%, reports The...
Algerian Dinar plummets as nation trips into EU’s blacklist
The Euro continues to soar against the Algerian dinar on the nation's black currency market according to TSA-Algerie. A reaction...
Algerian Union Bank expands in Mauritania
The Algerian Union Bank (AUB) is set to open its third branch in Zouérate this June, continuing its expansion in...
Lebanon appoints Souaid as central bank governor amid dispute
According to the Moroccan government-friendly Ataylar, Lebanon elected a new central bank governor, sparking the first public disagreement between President...
Tunisian president Saied calls for changes to central bank law
Tunisian president Kais Saied called for the law governing the central bank to be amended on February 22nd, reported Reuters....
Libyan central bank to print 30 billion dinars
The central bank of Libya, or CBL, said on December 5th that it had contracted British banknote printer De La...
