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Money
UK’s Suma Chakrabarti Elected To Head EBRD
The European Bank for Reconstruction and Development, which invests as much as 11 billion euros ($14 billion) a…
World Bank’s Zoellick: Eurozone Needs Funding For Reforms
World Bank President Robert Zoellick said if Greece leaves the eurozone, it would have "ripple effects" comparable…
Fitch Drops Blom Bank’s Support Rating At ‘5’
Fitch Ratings has affirmed and simultaneously withdrawn Blom Bank's Support Rating at '5'. The affirmation reflects…
Fitch Affirms Bank Audi Ratings At ‘B’; Outlook Stable
Fitch Ratings has affirmed Bank Audi S.A.L's (Audi)Long-term Issuer Default Rating (IDR) at 'B' with a Stable…
Fitch Affirms Lebanon’s Byblos Bank At ‘B’; Outlook Stable
Fitch Ratings has affirmed Byblos Bank's Long-term Issuer Default Rating (IDR) at 'B' with a Stable Outlook,…
ECB Stops Loans To Some Greek Banks
The European Central Bank said it will temporarily stop lending to some Greek banks to limit its risk as President…
EBRD Holds First Competitive Leadership Vote
The European Bank for Reconstruction and Development, which invests as much as 11 billion euros (US$14 billion) a…
NBD’s Nevine Loutfy Wins Best Woman In The Corporate Sector Award
The American Chamber of Commerce (AmCham) for the Middle East and North Africa region honored Nevine Loutfy,…
Lebanon To Raise US$ 2 Bln In Eurobonds This Year
Lebanese Finance Minister Mohammad Safadi said Lebanon plans to raise US$2 billion in Eurobonds this year after…
182-Day T-Bills Yield Rises To A Record
Central Bank of Egypt (CBE) said the average yield on 182-day treasury bills rose to its highest level in at least…