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HONG KONG: HSBC said on Tuesday that first-quarter profits more than doubled, helped by a reversal in credit losses as well as its ongoing restructuring and pivot to Asia. Adjusted......

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The Turkish lira rebounded slightly on Monday following a sell-off last week that led to the currency approaching record lows against the US dollar. The lira was trading at 8.3029......

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Following receiving the necessary regulatory approvals, First Abu Dhabi Bank (FAB) has announced that it has initiated the process of share transfer......

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Bank of America reported its first-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways: This......

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DAMASCUS: Syria’s central bank devalued the pound yesterday, bringing the currency’s official exchange rate closer to the black market rate, two days after the government......

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Remittances to Pakistan from the country’s diaspora stayed above $2 billion for the 10th consecutive month in March 2021, reaching $2.7 billion, up by 43 per cent when compared......

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The European Bank for Reconstruction and Development plans to invest at least €2.1 billion ($2.5bn) in the Mena region this year, mostly in the......

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MUMBAI: The Indian rupee lost 1.5% on Wednesday, suffering its biggest single-day fall in 20 months as the central bank mapped out plans for a massive government bond buying programme.......

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The markets recorded a new and better exchange rate on Saturday, as the value of the Syrian pound rose by 10%, financial and economic sources in the markets told “Al-Watan”......

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The value of the Turkish lira has fallen by 15 per cent after President Recep Tayyip Erdogan sacked the governor of the country's central bank over the weekend. Naci Agbal was......

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