Iran sacks Head of Central Bank candidate for June 18 Presidential elections

Iranian President Hassan Rouhani has sacked the governor of the Central Bank, Abdel Nasser Humati, who is running next month presidential elections, reports say. Humati, who assumed the position, reportedly agreed to step down after President Rouhani told him will Read more

King Salman appoints former boss of Tadawul as new Governor of Central Bank

Saudi Arabia monarch King Salman has named former top adviser and head of Board of Directors of the Saudi Stock Exchange Tadawul, Dr Fahad bin Abdullah bin Abdullatif Al Mubarak, as the new governor of the kingdom’s central bank, reports Read more

Lebanon: Top official of Central Bank charged with manipulating exchange rate

The director of monetary operations at the central bank, Mazen Hamdane has been charged with manipulating exchange after he was arrested last week, reports say. Financial prosecutor Ali Ibrahim, AFP reports citing a judicial source, found Hamdane of the manipulating Read more

Tunisia: Presidential hopeful banned from traveling abroad following money charges

Tunisian media magnet and presidential hopeful Nabil Karoui has been banned from traveling abroad after the judiciary slapped money charges on him, reports say. The spokesman for the judiciary department for financial cases, Sofiene Sliti, Monday indicated the judge 10 Read more

Qatar: Transactions are still “normal”, Central Bank Governor

Governor of Qatar’s Central Bank Sheikh Abdullah bin Saud Al-Thani has released a statement underlining that the ongoing diplomatic rift between Doha and its neighboring Gulf States has not affected its usual operations. “The banking transactions and procedures in the Read more

Gulf Crisis: Bahrain Central Bank hunts down assets of Qatar-linked blacklist

Bahrain Central Bank has ordained all banks operating in the tiny kingdom to freeze assets of the 12 organizations and 59 people put on the Qatar-linked terror blacklist. “The central bank issued a directive to all the financial institutions licensed Read more