by Thaer Abbas | May 16, 2017 | Middle East
Beirut – The Lebanese government will extend Central Bank Governor Riad Salameh’s term, which was due to expire this summer, a governmental source told Asharq Al-Awsat. The source said that during a cabinet session on Tuesday, Lebanese ministers would renew, for the...
by Badr Al-Qahtani | Jan 7, 2017 | Business
London – The three months of Yemeni government work have paid off, ending the liquidity crisis. Yemeni Prime Minister Ahmed Obeid bin Daghr stressed that his government has overcome all obstacles concerning the printing of the national currency, ending the...
by Saeed Abdelrazek | Dec 29, 2016 | Business
Ankara- Turkey’s central bank said that recent tax adjustments mainly to tobacco products, food and energy groups, are expected to put upward pressure on December inflation. The monetary policy committee unexpectedly held all interest rates steady facing the...
by Asharq Al-Awsat | Nov 25, 2016 | Business
Beirut- Central Bank Governor Riad Salameh has said that the election of President Michel Aoun and the designation of Saad Hariri to form the cabinet will boost the confidence of the consumers and investors. Parliament elected Aoun last month, ending a more than...
by Asharq Al-Awsat English | Nov 24, 2016 | Business
The Turkish central bank announced on Thursday that it was raising its benchmark interest rate by 50 basis points in defiance of President Tayyip Erdogan’s drive for cheaper credit and increasing borrowing costs for the first time in nearly three years. The...
