Middle-east Arab News Opinion | Asharq Al-awsat

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An emblem of the Central Bank of Yemen is seen on the bank’s gate in Sana’a August 24, 2016. REUTERS/Khaled Abdullah

Yemen’s Central Bank Sub-Governor Nahari Dismissed over Misconduct, Corruption

by Badr Al-Qahtani | Nov 12, 2016 | Middle East

London- Yemen’s Central Bank Sub-Governor Ibrahim al-Nahari was officially relieved of his duties on Friday, reported a government news agency. Nahari’s dismissal was not solely relevant to the transfer of the Central Bank from militia-run Sana’a to Aden, but also...

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Photographer: Andrew Burton/Getty Images

Three Simple Messages From the U.S. Employment Data

by Mohamed A. El-Erian | Nov 7, 2016 | Opinion

The U.S. jobs report for October released by the Labor Department on Friday contained three simple messages. For the economy: The combination of continued solid employment growth (161,000 new jobs in October and upward revisions of 44,000 for the previous two monthly...

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Egypt’s Prime Minister Sherif Ismail. Reuters, Amr Abdallah

Egyptian PM Hints More Burden amidst State of Rage

by Waleed Abdul Rahman | Nov 5, 2016 | Business, Middle East

Cairo – Egyptian Prime Minister Sherif Ismail defended his government by telling a news conference on Friday that the current stage Egypt is passing through is very critical stage. On Thursday, the Central bank floated the Egyptian pound and raised interest...

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Egypt has been struggling to boost its foreign currency reserves in the political and economic turmoil following the January 2011 uprising that toppled former ruler Hosni Mubarak ©Patrick Baz (AFP/File)

Egypt’s Pound Devalued After a Currency Float

by Sabri Najeh | Nov 4, 2016 | Business

Cairo- Egypt’s Central Bank on Thursday took a “historic” but nevertheless dangerous step when it decided to devaluate its local currency, a decision expected by several observers after the Egyptian Pound fell to its historic levels, exceeding the official price by...

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Lebanon’s Central Bank Governor Riad Salameh speaks during ACI Lebanon Golden Jubilee Grand Celebration, in Beirut September 1, 2014. REUTERS/Mohamed Azakir

Lebanon Central Bank: Formation of New Cabinet Will Attract Foreign Aid

by Asharq Al-Awsat English | Nov 3, 2016 | Business

Lebanon’s Central Bank chief Riad Salameh said on Thursday that the election of a new president and the coming formation of a new government will increase confidence in the economy and attract foreign aid. The election of President Michel “Aoun should lead to a...