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Egypt lifts cap on banks’ ownership of non-banking financial services providers

Egypt lifts cap on banks’ ownership of non-banking financial services providers

As banks raise stakes, these firms will ultimately fall under the CBE oversight

Legislation

Taxation

Public policy

Bahrain rolls out BHD 7 bn banking sector relief package

Bahrain rolls out BHD 7 bn banking sector relief package

Borrowers will get debt relief for up to three months, whereas banks will have access…

Egypt, Jordan, Iraq, and Lebanon are the most vulnerable to war shocks, EBRD warns

Egypt, Jordan, Iraq, and Lebanon are the most vulnerable to war shocks, EBRD warns

Many of these governments have stretched their monetary and fiscal policies thin due to successive…

Turkey swaps gold for foreign reserves as war raises inflationary pressures on emerging markets

Turkey swaps gold for foreign reserves as war raises inflationary pressures on emerging markets

Turkey is turning to gold-for-currency swaps in a bid to rein in the incoming war-induced…

Bahrain’s economy is teetering on the edge

Bahrain’s economy is teetering on the edge

Bahrain's fiscal math was already broken before the war. The war made it worse —…

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