Deir el-Balah, Palestinian Territories -- The Palestinians trying to rebuild their lives in the ruins of Gaza are short of many things: food, clean water, medicine -- and cash. On Sunday, two bank branches reopened, triggering an eager rush of clients. They were quickly disappointed. "The Bank of Palestine reopened...
‘TAQA’ prices $1.75bn dual tranche
The 12-year senior unsecured notes are sized $850m.
UAE’s central bank launches two new notes made of recyclable polymer
The Central Bank of the UAE (CBUAE) has launched two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and security features. The new banknotes are the third issue of the national currency, and reflect the CBUAE’s aim to keep pace with...
‘Physical currency won’t disappear anytime soon’
Ralf Wintergerst, Group CEO of 170-year-old German firm Giesecke+Devrient (G+D), said physical currency is a resilient form of payment and it is here to stay alongside digital currency.
