The Bundesbank successfully continued its transfers of gold last year. In 2015, 210 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: around 110 tonnes from Paris ... Read More
The Central Bank of the UAE and the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding on 4 February 2016 to formalise ... Read More
The euro zone needs to press ahead with structural reforms and closer integration, including an euro zone finance ministry, to deliver sustainable growth, the heads of the French and ... Read More
Iran Looking To Ramp Up More Than Just Oil Production As the oil markets remain focused on the re-emergence of Iran as a major oil producer following the recent ... Read More
Emirates NBD is UAE’s most valuable bank Firm makes global branding list released by consultants Brand Finance Emirates NBD have been named the most valuable bank in the United ... Read More
Greece Fears More Austerity Pain Ahead to Unlock Bailout Loans Nationwide strike called to protest cuts as talks progress with creditors The outlook for Europe’s most depressed economy hinges ... Read More
UK in the EU: MEPs debate proposed reforms ahead of referendum What will the UK’s future in Europe be like? The day after European Council President Donald Tusk proposed ... Read More
Saudi Arabia has managed to buy itself a couple of months. The global rout of oil prices is taking its toll on the kingdom’s bottom line. The country has ... Read More
Total deposits in Cypriot banks recorded in December 2015 a net increase of €203,0 mln, compared with a net decrease of €67,9 mln in November 2015. According to data ... Read More
Greece, Israel and Cyprus will explore the possibility of building a natural gas pipeline to Europe, tapping huge gas reserves discovered in the eastern Mediterranean in recent years, leaders ... Read More
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